New York Steps Up as Unlikely Diesel Supplier
New York is rising to the fore as an unlikely diesel supplier, shipping out three cargoes in one week as Russia’s fuel export ban sends buyers searching for new supplies.
Diesel Price Drops 4.7¢ to $4.586 a Gallon
The national average diesel price paused from its recent surge, falling back 4.7 cents to settle at $4.586 a gallon, according to Energy Information Administration data released Sept. 25.
Analysts: Diesel Price Augurs Carrier Casualty Acceleration
Soaring diesel prices are likely to push more trucking companies out of business, especially smaller carriers, after casualties already spiked in the first two-thirds of the year.
Diesel Issues Could Worsen Due to Lack of Crude From OPEC+
The diesel market is pricing in a crisis, one that soon could get even worse because of a lack of the type of crude that’s good for making the fuel.
EPA Announces $115 Million for DERA Grants
The Environmental Protection Agency recently announced that $115 million has been directed for the Diesel Emissions Reduction Act program.
Kansas Breaks Ground on Expanded Diesel School
Kansas will be able to train more diesel technicians with a new $1.2 million grant from the U.S. Department of Commerce’s Economic Development Administration.
Drop in Diesel Demand Heightens Recession Concerns
“Diesel demand can act as a leading indicator for broader growth as an early sign that spending by households is waning,” said one expert.
April 17, 2023Eighth-Straight Weekly Drop Brings Diesel to $4.128 a Gallon
The national average price for diesel marked its eighth consecutive weekly drop, shedding another 5.7 cents to dip to $4.128 a gallon, the Energy Information Administration reported.
Diesel Sheds 6.2¢ to $4.185
The national average price of diesel continued its descent, sliding 6.2 cents to $4.185 a gallon in its seventh straight decline, according to Energy Information Administration data released March 20.
Diesel Falls 9.5¢ to $4.444 a Gallon
The national average price for a gallon of diesel sank by 9.5 cents, reaching $4.444 a gallon, according to data for the week ending Feb. 13 provided by the Energy Information Administration.
February 13, 2023