Oil Drops Below $99 a Barrel
Oil fell below $99 a barrel in early trading Monday on signs of lower demand and a possible supply boost by OPEC, Bloomberg reported.
June 6, 2011Paying the Fuel Piper
While we’re thankful fuel prices have moderated a bit of late, this year’s oil cost spiral apparently has taken a notable toll on the overall economy, raising concerns that the national recovery is being sapped.
June 6, 2011Diesel Fuel, Gasoline Prices Decline Again
The average price of a gallon of retail diesel fuel in the United States declined 4.9 cents to $3.948, the fourth consecutive weekly drop, the Department of Energy reported.
June 6, 2011Diesel Falls for Fourth Straight Week, Dropping 4.9¢ to $3.948 a Gallon
Diesel continued its recent downward trend, falling for the fourth straight week with a 4.9-cent decline to $3.948 a gallon, while gasoline fell for a third week, the Department of Energy said.
June 1, 2011Oil Rises to More Than $102 a Barrel
Oil rose past $102 a barrel in early trading Tuesday, its highest level in three weeks, as a leak shut a pipeline carrying crude to a U.S. storage hub, Bloomberg reported.
May 31, 2011E&MU: Electric Trucks Reach the Market
It appears that the time for electric commercial trucks has arrived. After years of announcements promoting concepts and prototypes, several suppliers have introduced battery-electric production models.
May 31, 2011Diesel Fuel Price Falls 6.4¢ to Below $4 a Gallon
The average cost of a gallon of retail diesel fell 6.4 cents to $3.997 a gallon last week, the largest weekly drop in a year, the Department of Energy reported.
May 30, 2011Oil Falls, but Holds Over $100 a Barrel
Oil fell more than $1 Thursday but remained over $100 a barrel for a second day, Bloomberg reported.
May 26, 2011Cars, Light Trucks to be Required to Show Fuel-Use Labels
U.S. cars and light trucks will be required to carry labels comparing estimated five-year fuel costs with those of the average new vehicle, the Department of Transportation and Environmental Protection Agency said Wednesday.
May 25, 2011Diesel Drops 6.4¢ to Below $4 a Gallon; Gasoline Falls 11.1¢ to $3.849
Diesel took its biggest drop in a year, declining 6.4 cents to $3.997 a gallon, while gasoline dropped by more than a dime, the Department of Energy said.
May 24, 2011