U.S. Oil Boom Dividing OPEC, Journal Reports
Rising U.S. oil production is dividing OPEC states, and the global oil cartel is struggling to respond to higher North American oil output from shale, the Wall Street Journal reported Tuesday.
May 28, 2013Diesel, Gasoline Prices Gain After Midwest Refinery Issues
Diesel and gasoline prices continued their upward paths last week, the Department of Energy reported, with analysts blaming the gains on refinery issues.
May 27, 2013House Passes Bill Aimed at Advancing Keystone XL Pipeline
The House passed a bill that would take the permitting authority for the Keystone XL Pipeline away from President Obama.
May 24, 2013Holiday Weekend Driving to Rise Slightly, AAA Says
The number of Americans driving during the Memorial Day holiday weekend will rise slightly, with a majority saying gasoline prices will not impact their plans, according to AAA.
May 24, 2013Oil Slides Below $93 a Barrel
Oil fell for a third day Thursday, falling more than $1 to below $93 a barrel after dropping almost $2 on Wednesday, on reports that Chinese manufacturing slowed, Bloomberg News reported.
May 23, 2013Oil Drops Following DOE Inventory Report
Oil declined more than $1 to near $95 a barrel following a Department of Energy report that showed crude supplies fell and gasoline stockpiles rose last week.
May 22, 2013Moniz Sworn in as Energy Secretary
Ernest Moniz was sworn in as Secretary of Energy, less than a week after the Senate unanimously confirmed President Obama’s nomination of the former Massachusetts Institute of Technology physicist.
May 22, 2013CARB Hosting Free Classes on Diesel-Regulation Compliance
The California Air Resources Board is hosting free classes on complying with CARB diesel regulations.
May 21, 2013Diesel Rises for Second Week, Up 2.4¢ to $3.89; Gasoline Jumps 7¢ to $3.673
Diesel rose for a second consecutive week, rising 2.4 cents to $3.89 a gallon, while gasoline jumped 7 cents to $3.673, the Department of Energy reported.
May 21, 2013Legislation Introduced to Halt Imported BioFuel
Legislation was introduced in the U.S. Senate to ensure only domestically sourced advanced biofuels are used to meet the U.S. Environmental Protection Agency’s renewable fuel mandate, according to a bill co-sponsor Tennessee Senator Bob Corker (R).
May 20, 2013