Diesel Drops 8.3¢ to $4.539 a Gallon
The national average price of diesel slid 8.3 cents to $4.539 a gallon, according to Energy Information Administration data released Feb. 6.
February 6, 2023Diesel Plunges 21.3¢ to $4.754 a Gallon
The national average price of diesel continued its downward trajectory, falling 21.3 cents to $4.754 a gallon, according to Energy Information Administration data released Dec. 12.
Diesel Demand Destruction Starting to Look Inevitable, International Agency Says
Unprecedented diesel prices mean that demand destruction for the fuel is probable, the International Energy Agency said.
Diesel Tankers Projected to Get Biggest Demand Surge Since 1993
Oil tankers hauling fuels such as gasoline and diesel are poised for their biggest demand surge in three decades next year, with disruption to Russian oil flows boosting the distances vessels will have to sail.
Diesel Premium Over Gasoline at Its Highest Since 2005
The U.S. and Europe are struggling to make enough diesel to heat homes, a situation that looks set to become even more acute as winter approaches.
Diesel Profits Near Record With Supplies Dwindling Into Winter
Diesel supplies are so tight heading into winter that profits for producing the heating and trucking fuel are nearing a record high.
October 7, 2022Diesel Sheds 5.3¢ to Reach $4.836 a Gallon
The national average price for diesel fell another 5.3 cents Oct. 3 to reach $4.836 a gallon, according to the Energy Information Administration.
California Seeks to Ban Sales of Diesel Big Rigs by 2040
Saying they had a “moral obligation,” California regulators could soon ban the sale of diesel big rigs by 2040.
Oil Reserves Could Be Tapped to Head Off Winter Crisis
Officials within President Joe Biden’s administration are hunting for ways to head off a feared spike in oil prices later this year, including the possibility of an additional release from the nation’s emergency crude reserves.
California Blackout Risk Spurs Diesel Demand for Generators
Diesel demand in California is soaring as the risk of blackouts in the state spurs big power users to load up on fuel for generators.