Oil Drops Below $45; U.S. Stockpiles May Speed Collapse
Oil extended losses to trade below $45 a barrel amid speculation that U.S. crude stockpiles will increase, exacerbating a global supply glut that’s driven prices to the lowest in more than 5½ years.
January 13, 2015Diesel Declines 8.4¢ to $3.053 a Gallon
Diesel’s national average pump price declined 8.4 cents to $3.053 a gallon, a four-year low, the Department of Energy reported Jan. 12.
January 12, 2015Despite Progress, Diesel Emissions Still an Issue for Environmental Regulators
WASHINGTON — Environmental officials from California and the East Coast said during a Transportation Research Board panel here that trucks still require special attention because of diesel emissions, even though such output became much cleaner from 1998 to 2010.
January 12, 2015California Expands Cap-and-Trade Program; Trucking Executives Expect Higher Fuel Costs
California’s cap-and-trade program extended its reach to diesel fuel and gasoline on Jan. 1, creating no immediate price change but a great deal of concern about the workings over time of a highly complex system.
January 12, 2015Diesel Drops 7.6¢ to $3.137 as Crude Falls Below $50
Diesel prices began the new year the same way they finished 2014, with the U.S. retail average falling 7.6 cents to $3.137 a gallon, the Department of Energy reported.
January 12, 2015Boehner: ‘Doubtful’ House Has Votes to Raise Gas Tax
Speaker John Boehner (R-Ohio) told reporters Jan. 8 he does not think there is sufficient support in his chamber to approve an increase to the federal fuel tax.
January 8, 2015Senators Discuss Plausibility of Higher Fuel Taxes
Senators are talking about fuel tax increases to pay for transportation — if not actually embracing the idea.
January 8, 2015Trade Gap Shrinks More Than Forecast as US Oil Imports Dry Up
The trade deficit narrowed in November as U.S. petroleum imports sank to the lowest level in more than five years.
January 7, 2015Diesel Tumbles 7.6¢ to $3.137 as Oil Hits $50 a Barrel
Diesel prices started the new year the way they ended 2014, falling 7.6 cents to $3.137 a gallon as oil prices fell below $50 a barrel for the first time in almost six years.
January 5, 2015Oil Extends Decline From 5 1/2-Year Low as Glut Persists
Oil fell for a third day, extending its drop from the lowest close since 2009, as record supplies from Iraq and Russia bolstered speculation that a global glut that drove crude into a bear market will persist.
January 5, 2015