Oil Prices Predicted to Continue Decline in 2016
Depressed oil prices are likely to linger longer as analysts dropped their predictions further for next year, according to a Reuters poll, assuming OPEC will not cut output when it meets Dec. 4.
December 1, 2015Diesel Down for Third Week in a Row at $2.421 a Gallon
The U.S. average retail diesel price fell for the third week in a row, down 2.4 cents a gallon to $2.421, the Department of Energy reported Nov. 30.
November 30, 2015Oil Set for Worst Month Since July as OPEC Seen Standing Firm
Oil headed for its largest monthly drop Nov. 30 since July as Iran signaled the Organization of Petroleum Exporting Countries won’t reduce its production target at a meeting this week.
November 30, 2015Diesel Average Drops to Lowest Price Since June 2009
The U.S. average retail diesel price fell 3.7 cents a gallon to $2.445, its lowest point in nearly 6 1/2 years, the Department of Energy reported Nov. 23.
November 24, 2015Early Tests Show Promise for Propane as Alternate Fuel for Heavy Trucks
Can diesel and propane fuels operate in harmony under the hood of a Class 8 truck?Charles “Shorty” Whittington thinks so.
November 23, 2015CARB Seeks EPA Approval for Amendments to 2011 Reefer Unit Emissions Regulations
The California Air Resources Board has asked that amendments to its regulation setting standards for pollution control in diesel-fueled transport refrigeration units be approved by the U.S. Environmental Protection Agency.
November 23, 2015Air Liquide Agrees to Buy US-Based Airgas Inc.
Air Liquide, a global industrial gas supplier based in Paris, plans to acquire U.S.-based Airgas Inc. in a deal that will make it the largest supplier in North America.
November 18, 2015Diesel Falls 2¢ a Gallon to $2.482
The U.S. average retail diesel price fell 2 cents a gallon to $2.482 after increasing the previous week, the Department of Energy reported Nov. 16.
November 16, 2015Alaska Truckers Concerned Over State DOT Budget Cuts Due to Plunge in Oil Prices
A plunge in oil prices this year has prompted a $35 million cut to the budget for Alaska’s Department of Transportation, making the state’s truckers nervous.
November 16, 2015OPEC Export Price Falls Below $40 for First Time Since 2009
The average price of crude sold by OPEC fell below $40 a barrel for the first time since 2009, underscoring the financial cost of the group’s strategy to defend its market share.
November 16, 2015