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Poll: Many Americans Still Shying Away From EVs

WASHINGTON — Many Americans still aren’t sold on going electric for their next car purchase. High prices and a lack of charging stations are major sticking points, a new poll shows.

June 4, 2024

Diesel, Gas Prices to Rise July 1 in Five States

Routine fuel tax increases take effect July 1 in California, Illinois, Indiana, Missouri and Virginia, while an effort to boost fuel taxes and fees on EVs is causing controversy in New Jersey.

June 4, 2024

Diesel Price Dips 3.2¢ a Gallon to $3.726

The national average diesel price extended its downward movement, shedding 3.2 cents a gallon to $3.726, according to Energy Information Administration data released June 3.

June 3, 2024

US Diesel Demand Hits 26-Year Seasonal Low in March

U.S. diesel demand plummeted to its lowest seasonal level in 26 years in March, driven by slowing economic growth.

May 31, 2024

OPEC+ Works on Output Cut Accord That May Stretch Into 2025

OPEC+ is pressing on with informal talks aimed at finalizing an agreement on oil output cuts this weekend, officials said.

May 30, 2024

Senators Urge Prosecution of Alleged Oil Industry Collusion

WASHINGTON — Senate Majority Leader Chuck Schumer and 22 other Democratic senators are calling on the Department of Justice to “use every tool” at its disposal to prevent and prosecute alleged collusion and price-fixing in the oil industry.

May 30, 2024

Tax Credit Lures Canada’s Largest Renewable Diesel Venture

Canada’s Alberta province has provided an Agri-Processing Investment Tax Credit to Imperial Oil Ltd. for a C$720 million project to build the nation’s largest renewable diesel facility. 

May 29, 2024

ConocoPhillips to Buy Marathon Oil for $17.1 Billion

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits.

May 29, 2024

Diesel Price Slips 3.1¢ to Settle at $3.758

The national average diesel price dropped 3.1 cents to reach $3.758, its lowest point in more than two years, according to Energy Information Administration data on May 27.

May 28, 2024

Energy Transfer to Buy Permian Operator WTG for $3.3 Billion

U.S. pipeline giant Energy Transfer LP has reached a deal to buy WTG Midstream through a deal valued at about $3.25 billion.

May 28, 2024