Exxon, Shell Post Huge 1Q Profits on High Oil Prices
The world’s two largest oil companies Thursday reported multi-billion-dollar first-quarter profits, up from a year ago, on higher crude oil prices.
April 28, 2011Diesel Dips 0.7¢ to $4.098 a Gallon; Gasoline Gains 3.5¢ to $3.879
Diesel’s national average dipped less than a penny Monday, falling 0.7 cent to $4.098 a gallon, just the second downturn since Thanksgiving, the Department of Energy said Monday.
April 25, 2011Diesel Fuel, Gasoline Prices Spiral Higher
The surge in diesel prices continued last week, as the U.S. retail average rose 2.7 cents a gallon to $4.105, the Department of Energy reported.
April 25, 2011Oil Finishes Week Over $112; Obama Administration to Probe Speculation
Oil finished the trading week over $112 a barrel and the Obama administration will examine the role of traders and speculators in oil markets and their contribution to high fuel prices, Bloomberg reported.
April 22, 2011Diesel Rises Again, Climbing 2.7¢ to $4.105
Diesel fuel continued its five-month string of weekly increases, climbing 2.7 cents to $4.105 a gallon, the Department of Energy reported.
April 19, 2011LNG Supporters Eye Expansion to Create National Network
The first extended network of natural gas filling stations could be running in a few years, the head of the nation’s largest natural-gas fuel distributor said April 13.
April 18, 2011U.S. Diesel Fuel Price Jumps 10.2¢ to Top $4 a Gallon
The average price for a gallon of U.S. retail diesel rose above $4 last week for the first time in two-and-a-half years and will likely remain there through 2012, according to the U.S. Department of Energy.
April 18, 2011Oil Rises Over $107 Following Drop in Gasoline Inventories
Oil rose to just over $107 a barrel Wednesday following a Department of Energy reported that showed gasoline inventories last week took their biggest drop in 12 years, Bloomberg reported.
April 13, 2011Diesel Jumps a Dime to Top $4 a Gallon
Diesel’s national average jumped over $4 for the first time since September 2008, gaining 10.2 cents to $4.078 a gallon, the Department of Energy said Monday.
April 12, 2011Gasoline Jumps 19¢ to $3.76, Lundberg Says
Gasoline’s national average jumped 19 cents in the past three weeks to an average $3.76 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
April 11, 2011