Oil Falls to 10-Month Low Under $87 a Barrel
Oil fell below $87 a barrel Thursday, capping its biggest monthly decline in more than three years following a Department of Energy report that showed crude supplies rose to a 22-year high, Bloomberg reported.
May 31, 2012Diesel Falls 5.9¢ to $3.897; Gasoline Drops Again
Diesel’s pump price continued its recent slide, falling 5.9 cents to $3.897 a gallon, its seventh straight decline and the lowest price since early February, the Department of Energy said.
May 30, 2012Oil Rises for Third Day; Holds Near 7-Month Low
Oil prices rose for a third day in early trading Monday on forecasts of higher U.S. economic growth, but held near a seven-month low under $92 a barrel, Bloomberg reported.
May 29, 2012Trucking Companies Profit From Selling Used Oil, Turning Problem Waste Into a Revenue Stream
Not long ago, getting rid of used oil was a problem for fleets. These days, for some fleets used oil is now a profit center.
May 28, 2012Volvo Trucks to Introduce LNG Engine for Its Over-the-Road Vehicles in 2014
MIAMI BEACH — Volvo Trucks said it intends to introduce a liquefied natural gas engine for its heavy-duty over-the-road vehicles in 2014, which company officials hailed as the next step in the industry’s quickly evolving move toward natural gas as a primary fuel.
May 28, 2012Diesel Average Declines 4.8¢ to $3.956; First Time Below $4 Since February
The national average price for a gallon of retail diesel dipped below $4 last week for the first time since Feb. 20, after pump prices countrywide declined 4.8 cents, according to the Department of Energy.
May 28, 2012Oil Declines to Seven-Month Low
Oil prices declined to a seven-month low in early trading Wednesday after Iran agreed to allow access for United Nations nuclear inspectors, Bloomberg reported.
May 23, 2012Diesel Drops Below $4; Gas Falls Again
Diesel fell 4.8 cents to $3.956 per gallon, its sixth straight decline and the first time it has been below $4 in three months, while gasoline fell for the seventh straight week, the Department of Energy said.
May 22, 2012Oil Rises From Seven-Month Low
Oil prices rose from a seven-month low in early trading Monday but held under $92 a barrel, after declining for six straight trading days, Bloomberg reported.
May 21, 2012Gasoline Falls 6¢ to $3.78, Lundberg Survey Reports
Gasoline’s national average pump price fell 6 cents in the past two weeks to $3.78 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 21, 2012