Oil closed at a 29-month high near $100 a barrel on continued concerns about Middle East political unrest, Bloomberg reported.
March 2, 2011Search
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U.S. Fuel Prices Skyrocket; Retail Diesel Jumps 14.3¢ to $3.716
U.S. retail fuel prices shot up last week as petroleum closed above $100 a barrel for the first time since September 2008 and as unrest in Libya and the Middle East left people in trucking wondering how high prices might go and how long they might stay there.
March 7, 2011ATA Backs More Domestic Oil Production
American Trucking Associations has urged the Obama administration to open up opportunities for domestic oil production as a way to lessen the impact of political tumult in the Middle East.
March 3, 2011Oil Closes Over $100 a Barrel for First Time Since 2008
Oil closed over $100 a barrel Wednesday for the first time since September 2008, Bloomberg reported.
March 2, 2011Calif.’s Global Warming Targets May Cut Light Truck Sales
Automakers may forego as much as $4 billion a year in light truck sales to prevent states led by California from setting their own mileage standards, Bloomberg reported Tuesday.
March 1, 2011Oil Trades Near $100 a Barrel
Oil traded near $100 a barrel early Monday, its highest level in more than two years, as ongoing Middle East political turmoil raised concerns that production may be disrupted further, Bloomberg reported.
February 28, 2011Diesel Leaps 14.3¢ to $3.716 a Gallon; Gasoline Spikes 19.4¢ to $3.383
Diesel jumped 14.3 cents to $3.716 a gallon, its 13th straight weekly gain, while gasoline soared 19.4 cents to $3.383, the Department of Energy said Monday.
March 1, 2011Diesel Price Rises 3.9¢ to $3.573 a Gallon
U.S. retail diesel prices continued to climb last week, rising 3.9 cents a gallon to $3.573, the Department of Energy reported, as crude oil topped $100 a barrel for the first time since October 2008.
February 28, 2011Middle East Unrest and Fuel Prices
Just as the U.S. economy seems to be growing some serious muscle, international events are threatening to intervene in what has become a period of steady business improvement.
February 28, 2011Oil Hits $100 a Barrel
Crude oil hit $100 per barrel Wednesday in trading on the New York Mercantile Exchange, Bloomberg reported.
February 23, 2011