Diesel Slips Below $4 Per Gallon as U.S. Crude Inventories Soar
The average price of a gallon of U.S. retail diesel slipped below $4 last week for the first time in two months, the Department of Energy reported, as the nation’s crude oil supplies soared to levels not seen in decades.
April 8, 2013Trade Deficit Narrows on Drop in Oil Imports
The U.S. trade deficit shrank by 3.4% in February, as demand for imported crude oil fell, the Commerce Department said Friday.
April 5, 2013Senate Committee to Hold Nat-Gas Hearings Next Month
A key Senate committee plans to hold three hearings on natural gas next month, including its use as a transportation fuel.
April 4, 2013Oil Falls Below $93 a Barrel
Oil fell for a second day, dropping below $93 a barrel Thursday following a report that showed more Americans filed for unemployment benefits last week, Bloomberg News reported.
April 4, 2013Oil Takes Biggest Drop of Year as Supplies Rise
Oil took its biggest drop of the year Wednesday, declining almost $3 per barrel following a Department of Energy report that showed inventories rose to the highest level since 1990, Bloomberg News reported.
April 3, 2013Diesel Dips 1.3¢ to Fall Below $4 for First Time Since January
Diesel fell 1.3 cents to $3.993 a gallon, the fifth straight decline and first time it has been below $4 a gallon since January, the Department of Energy reported.
April 2, 2013Louisville Truckload Carrier Takes Delivery of Freightliner CNG Truck
Truckload carrier M&M Cartage, Louisville, Ky., said it took delivery of its first dedicated compressed natural gas-powered truck, a 2013 Class 8 Freightliner.
April 2, 2013Oil Supplies Surge to 22-Year High
U.S. crude oil inventories rose to the highest level in more than 22 years last week as production surged and refineries wrapped up annual maintenance programs, Bloomberg News reported Tuesday.
April 2, 2013Oil Price Slips to Near $97 a Barrel
Oil fell slightly Monday to finish the trading day at just over $97 a barrel Monday, after earlier sliding to near $96 a barrel, Bloomberg News reported.
April 1, 2013Diesel Dips 4.1¢ to $4.006
The average price of a gallon of retail diesel declined for a fourth week in a row, slipping 4.1 cents to $4.006 per gallon, the Department of Energy reported.
April 1, 2013