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Quality Distribution Buys Energy Logistics Firm

Tank truck carrier Quality Distribution said late Monday that it has purchased Trojan Vacuum Services, a transportation provider for the oil and gas industry in the Eagle Ford shale region in Texas.

April 3, 2012

Oil Holds Near Six-Week Low $103 a Barrel

Oil rose slightly in early trading Monday but held near a six-week low just over $103 a barrel, Bloomberg reported.

April 2, 2012

Diesel Dips a Half-Cent to $4.142; Gasoline Rises Again

Diesel fell for the first time in 10 weeks, dipping half a cent to $4.142 a gallon, while gasoline rose for the 10th straight week, the Department of Energy said Monday.

April 3, 2012

Truck, Engine Makers See Natural Gas as Practical Alternative to Diesel Fuel

LOUISVILLE, Ky.—Truck and engine manufacturers at the Mid-America Trucking Show here declared natural gas the victor in the industry’s search for a practical alternative fuel to diesel, saying they could have three different types of natural-gas engines by 2013 and a nationwide network of 100 fueling stations that offer it by 2014.

April 2, 2012

DOE Considers Opening SPR, Official Says, as Diesel Rises 0.5¢

U.S. retail diesel prices edged up a half-cent a gallon last week, continuing a nine-week string of increases and bringing the national average to $4.147 a gallon, the Department of Energy reported.

April 2, 2012

Oil Slips as Feds Consider Tapping SPR

Oil fell for the first time in four days Wednesday following a Department of Energy report that showed crude inventories rose, while the department considered tapping the government’s Strategic Petroleum Reserve, Bloomberg reported.

March 28, 2012

Gasoline Gains 11¢ to $3.93, Lundberg Says

Gasoline rose 11 cents in the past two weeks to a national average $3.93 per gallon, but the price may be leveling off with oil prices stable, according to the latest Lundberg Survey of filling stations released Sunday.

March 26, 2012

Diesel Gains a Half-Cent to $4.147; Gas Gains a Nickel to $3.918

Diesel rose 0.5 cents to $4.147 a gallon, its highest price since the record-setting summer of 2008, while gasoline rose more than a nickel, the Department of Energy reported.

March 27, 2012

Natural Gas Takes Center Stage at Mid-America

LOUISVILLE, Ky. — The nation’s largest annual trucking show here last week illustrated just how much the U.S. truck market has been reinvigorated, as more-prosperous equipment manufacturers eagerly chased the business of solid, stable motor carriers.

March 26, 2012

Oil Rises Over $107 Following Iran Report

Oil rose almost $2 to more than $107 a barrel Friday following a report that Iranian crude exports may drop due to sanctions, Bloomberg reported.

March 23, 2012