Gasoline Falls for First Time This Year, Lundberg Survey Says
Gasoline’s pump price fell for the first time this year, dropping more than a nickel to $3.91 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
April 23, 2012Diesel Price Falls by 2.1¢ to $4.127, While Gasoline Drops 1.7¢ to $3.922
Retail diesel prices fell 2.1 cents a gallon to $4.127 last week, the U.S. Department of Energy reported, continuing a recent pattern of modest cost fluctuation after sharp increases earlier in the year.
April 23, 2012More Companies Reach Hot Fuel Settlements
Three more companies have agreed to settle lawsuits related to “hot fuel” — gasoline and diesel that is not adjusted by volume to account for temperature — the Kansas City Star reported.
April 20, 2012Obama Calls on Congress for More Regulation of Oil Markets
President Obama urged Congress to bolster federal supervision of oil markets, including bigger penalties for market manipulation and more power for regulators, Bloomberg reported.
April 18, 2012Frito-Lay Adding Natural Gas Trucks to Fleet
Frito-Lay on Tuesday said it is adding 67 compressed natural gas trucks to its private fleet, the New York Times reported.
April 17, 2012Diesel Drops 2.1¢ to $4.127; Gasoline Declines Again
Diesel fell for the second time in three weeks — but just the third since early January — dropping 2.1 cents to $4.127 a gallon, the Department of Energy said Monday.
April 16, 2012Diesel Inches Higher to $4.148, After 12th Increase in 14 Weeks
U.S. retail diesel prices rose 0.6 cent a gallon to $4.148 last week, the Department of Energy reported. Although the increase was small, it still caused fleet managers to express great concern as the national average hit the highest level since Aug. 18, 2008.
April 16, 2012Trade Deficit Narrows as Imports Drop
The U.S. trade deficit narrowed by 12% in February on lower imports, including a big drop in crude oil imports, the Commerce Department reported Thursday.
April 12, 2012Diesel to Hold Over $4 Into Next Year, DOE Energy Outlook Says
Diesel will average $4.21 a gallon this summer and $3.94 a gallon this year, while holding over $4 into 2013, the Department of Energy said Tuesday.
April 10, 2012Diesel Resumes Rise, Up 0.6¢ to $4.148; Gasoline Dips 0.2¢ to $3.939
Diesel resumed its upward trend following a one-week respite, gaining 0.6-cent to $4.148 a gallon, the highest price since the record-setting summer of 2008, the Department of Energy said.
April 10, 2012