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Trade Deficit Hits 18-Month High

The U.S. trade deficit widened 4.8% in May to the highest level in a year and a half, the Commerce Department said Tuesday.

July 13, 2010

Massachusetts Backs Off 2% Biodiesel Mandate

Massachusetts has indefinitely suspended a 2% biodiesel mandate for fuel and heating oil that was to take effect this month, saying that without the federal tax credit for the producers, the cost of biodiesel would be too high for consumers.

July 13, 2010

Diesel Drops 3.2¢ to $2.924 a Gallon

The U.S. retail diesel average dipped 3.2 cents to $2.924 last week, the seventh decline in eight weeks, the Department of Energy reported.

July 12, 2010

Gas Prices Fall 3.9¢ to $2.73 a Gallon, Lundberg Says

Gasoline’s national average price fell 3.9 cents in the past two weeks to $2.73 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

July 12, 2010

EPA Proposes Renewable Fuel Standard Volumes for 2011

The Environmental Protection Agency has released the proposed 2011 percentage standards for its Renewable Fuel Standard.

July 12, 2010

Diesel Falls for Third Week, Dropping 2.1¢ to $2.903 a Gallon

Diesel fell another 2.1 cents to $2.903 a gallon, its third straight downturn and eighth decline in nine weeks, the Energy Department said.

July 13, 2010

Oil Ends Week Over $76, Led by Higher Diesel Demand

Oil finished the trading day Friday over $76 a barrel, gaining about $4 in the past week led by high diesel demand, Bloomberg reported.

July 9, 2010

EPA Proposes Speeding Approval Process for Installing Multi-Fuel Systems in Trucks

The U.S. Environmental Protection Agency, noting “growing interest†in alternative-fuel conversion systems, recently proposed to streamline certification of aftermarket conversions that turn Class 8 diesel engines into engines that can burn diesel and natural gas.

July 12, 2010

DOE Keeps 2010 Diesel Forecast Under $3 a Gallon

Diesel’s national retail price will average $2.98 a gallon this year, the Department of Energy said in boosting its most recent prediction by 2 cents.

July 8, 2010

CARB OKs $200 Million in Emissions Funding

The California Air Resources Board has awarded $200 million in Proposition 1B funds to help cut emissions from heavy-duty trucks and other sources in the state’s four busiest trade corridors.

July 6, 2010