Oil prices dropped by the most in almost seven weeks on speculation that the killing of Osama bin Laden may ease the risk of Middle East supply disruptions, Bloomberg reported Monday.
May 2, 2011Search
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Diesel Resumes Rise, Gaining 2.6¢ to $4.124 a Gallon
Diesel resumed its rise after a one-week respite, gaining 2.6 cents to $4.124Â a gallon, the highest price since August 2008, while gasoline jumped 8.4 cents to $3.963, the Department of Energy said.
May 3, 2011Diesel Average Dips 0.7¢ as Crude Oil Price Stalls
The average retail price of U.S. diesel declined for only the second time in about four months last week, slipping 0.7 cent to $4.098 a gallon on the coattails of relatively stable crude oil prices, the Department of Energy said.
May 2, 2011The Good With the Bad
Rapidly rising fuel costs are increasing concerns among analysts that the economic recovery could be jeopardized as consumers are pinched by rising prices at the pump and for other goods.
May 2, 2011Exxon, Shell Post Huge 1Q Profits on High Oil Prices
The world’s two largest oil companies Thursday reported multi-billion-dollar first-quarter profits, up from a year ago, on higher crude oil prices.
April 28, 2011Diesel Dips 0.7¢ to $4.098 a Gallon; Gasoline Gains 3.5¢ to $3.879
Diesel’s national average dipped less than a penny Monday, falling 0.7 cent to $4.098 a gallon, just the second downturn since Thanksgiving, the Department of Energy said Monday.
April 25, 2011Diesel Fuel, Gasoline Prices Spiral Higher
The surge in diesel prices continued last week, as the U.S. retail average rose 2.7 cents a gallon to $4.105, the Department of Energy reported.
April 25, 2011Oil Finishes Week Over $112; Obama Administration to Probe Speculation
Oil finished the trading week over $112 a barrel and the Obama administration will examine the role of traders and speculators in oil markets and their contribution to high fuel prices, Bloomberg reported.
April 22, 2011Diesel Rises Again, Climbing 2.7¢ to $4.105
Diesel fuel continued its five-month string of weekly increases, climbing 2.7 cents to $4.105 a gallon, the Department of Energy reported.
April 19, 2011LNG Supporters Eye Expansion to Create National Network
The first extended network of natural gas filling stations could be running in a few years, the head of the nation’s largest natural-gas fuel distributor said April 13.
April 18, 2011