Diesel Average Up 1.7¢ to $3.96
The price of retail diesel rose last week for the fourth consecutive time, edging up 1.7 cents a gallon to $3.96, the U.S. Department of Energy reported.
February 27, 2012Oil Ends Week Over $109 a Barrel
Oil extended its longest rally in two years, rising to finish the trading week over $109 a barrel, Bloomberg reported.
February 24, 2012Oil Finishes Over $107 a Barrel
Oil rose for a sixth trading day, rising $1.55 to finish at $107.83 a barrel on the New York Mercantile Exchange, a more than nine-month high, Bloomberg reported.
February 23, 2012Pilot Flying J to Acquire Western Petroleum
Pilot Flying J said it has agreed to buy Western Petroleum LLC, which sells and transports fuel and lubricants to the oil and gas drilling and hydraulic fracturing industries.
February 22, 2012Diesel Rises 1.7¢ to $3.96 in Fourth Straight Gain
Diesel fuel rose for a fourth week, gaining 1.7 cents to $3.96 a gallon, while gasoline rose for the eighth time in nine weeks, the Department of Energy said.
February 22, 2012Oil Shoots Past $105 a Barrel
Oil closed at a nine-month high over $105 a barrel on Tuesday, after finishing every trading day last week over $100, Bloomberg reported.
February 21, 2012Maryland Gov. Wants to Apply 6% Sales Tax to All Fuel Purchases
Maryland Gov. Martin O’Malley (D) has sent the legislature his proposal for imposing the state’s 6% sales tax on all motor fuel purchases — a plan that based on today’s prices could add nearly $40 in taxes every time a trucker fills up.
February 21, 2012Cummins Adding 12-Liter Natural Gas Engine
Engine maker Cummins Inc. said its 50-50 joint venture with Westport Innovations has introduced a 12-liter version of its natural gas engine.
February 21, 2012Diesel Climbs 8.7¢ to $3.943; Fuel Price Highest Since November
Retail diesel prices hit their highest levels in three months last week, jumping 8.7 cents to $3.943 a gallon, the Department of Energy reported.
February 20, 2012Oil Ends Week at Nine-Month High Over $103
Oil finished the week at a nine-month high over $103 a barrel and took its biggest weekly gain this year, as signs of an improving U.S. economy and progress on a bailout for Greece boosted projected fuel demand, Bloomberg reported.
February 17, 2012