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Biodiesel Producers Hoping for Tax Credit Resurrection

The biodiesel industry suffered a setback when supporters in the U.S. Senate failed to attach an amendment to the recently-adopted Small Business Jobs Act that would have restored the industry’s tax credit.

September 21, 2010

Oil Falls to Two-Week Low, Under $74 a Barrel

Oil was trading below $74 a barrel early Monday, near its lowest level in two weeks, on concerns that a slowing economy could hurt demand, Bloomberg reported.

September 20, 2010

Citgo Opens ULSD Facility at Illinois Refinery

Citgo Petroleum Corp. has built a facility to produce ultra-low sulfur diesel at its existing Lemont, Ill., refinery.

September 20, 2010

Diesel Rises for Second Week, Gaining 1.7¢ to $2.96 a Gallon

Diesel’s national average retail price rose for a second straight week, climbing 1.7 cents to $2.96 a gallon, the Department of Energy said Monday.

September 21, 2010

EGR, Computer Are Main Sources of Problems with 2008 Engines, J.D. Power Survey Finds

The main problems owners of 2008 heavy-duty engines have encountered involve the exhaust gas recirculation system and the engine computer, J.D. Power and Associates said in a report.

September 20, 2010

Diesel Rises 1.2¢ to $2.943 a Gallon

The average cost of a gallon of diesel fuel in the United States rose 1.2 cents last week to $2.943 a gallon, the first increase in five weeks, the Department of Energy reported.

September 20, 2010

Oil Falls to Near $76 a Barrel

Oil fell almost $1 to near $76 a barrel Wednesday, its biggest decline in two weeks, even as the Department of  Energy reported that supplies declined last week.

September 15, 2010

Diesel Rises 1.2¢ to $2.943; Gas Jumps 3.9¢ to $2.721

Diesel’s national average price rose 1.2 cents to $2.943 a gallon, its first increase in five weeks, while gasoline jumped almost 4 cents, the Department of Energy said Monday.

September 14, 2010

Diesel Price Dips 0.7¢ to $2.931

Diesel prices dipped for the fourth consecutive week, as the U.S. retail price average slipped 0.7 cent a gallon to $2.931 from the week before, the Department of Energy reported.

September 13, 2010

DOE Lowers 2010 Diesel Price Forecast by 4¢, to $2.93 a Gallon

The Department of Energy lowered its diesel price forecast to $2.93 a gallon for 2010 and $3.10 next year — both down 4 cents from its previous prediction.

September 8, 2010