DOE Considers Opening SPR, Official Says, as Diesel Rises 0.5¢
U.S. retail diesel prices edged up a half-cent a gallon last week, continuing a nine-week string of increases and bringing the national average to $4.147 a gallon, the Department of Energy reported.
April 2, 2012Oil Slips as Feds Consider Tapping SPR
Oil fell for the first time in four days Wednesday following a Department of Energy report that showed crude inventories rose, while the department considered tapping the government’s Strategic Petroleum Reserve, Bloomberg reported.
March 28, 2012Diesel Gains a Half-Cent to $4.147; Gas Gains a Nickel to $3.918
Diesel rose 0.5 cents to $4.147 a gallon, its highest price since the record-setting summer of 2008, while gasoline rose more than a nickel, the Department of Energy reported.
March 27, 2012Gasoline Gains 11¢ to $3.93, Lundberg Says
Gasoline rose 11 cents in the past two weeks to a national average $3.93 per gallon, but the price may be leveling off with oil prices stable, according to the latest Lundberg Survey of filling stations released Sunday.
March 26, 2012Natural Gas Takes Center Stage at Mid-America
LOUISVILLE, Ky. — The nation’s largest annual trucking show here last week illustrated just how much the U.S. truck market has been reinvigorated, as more-prosperous equipment manufacturers eagerly chased the business of solid, stable motor carriers.
March 26, 2012U.S. Distillate Exports Rising, Even as Diesel Reaches $4.142
Even as U.S. diesel prices rose last week to the highest levels since 2008, the United States is continuing to export more of the fuel overseas, according to Department of Energy figures.
March 26, 2012Oil Rises Over $107 Following Iran Report
Oil rose almost $2 to more than $107 a barrel Friday following a report that Iranian crude exports may drop due to sanctions, Bloomberg reported.
March 23, 2012Oil Falls Below $105 a Barrel
Oil fell more than $2 to below $105 a barrel Thursday, the lowest level in more than two weeks, Bloomberg reported.
March 22, 2012Cummins Kicks Off Natural Gas Theme at MATS With New Engine
LOUISVILLE, Ky. — Engine maker Cummins Inc. told reporters here that the company is moving forward with spark-ignition natural gas engines with a heavy-duty 12-liter engine now, and a 15-liter model in two or three years.
March 22, 2012Oil Rises Following Biggest Drop in Three Months
Oil rose in early trading Wednesday to just over $106 a barrel following the biggest drop in three months on Tuesday, Bloomberg reported.
March 21, 2012