Oil Shoots Past $105 a Barrel
Oil closed at a nine-month high over $105 a barrel on Tuesday, after finishing every trading day last week over $100, Bloomberg reported.
February 21, 2012Maryland Gov. Wants to Apply 6% Sales Tax to All Fuel Purchases
Maryland Gov. Martin O’Malley (D) has sent the legislature his proposal for imposing the state’s 6% sales tax on all motor fuel purchases — a plan that based on today’s prices could add nearly $40 in taxes every time a trucker fills up.
February 21, 2012Cummins Adding 12-Liter Natural Gas Engine
Engine maker Cummins Inc. said its 50-50 joint venture with Westport Innovations has introduced a 12-liter version of its natural gas engine.
February 21, 2012Diesel Climbs 8.7¢ to $3.943; Fuel Price Highest Since November
Retail diesel prices hit their highest levels in three months last week, jumping 8.7 cents to $3.943 a gallon, the Department of Energy reported.
February 20, 2012Oil Ends Week at Nine-Month High Over $103
Oil finished the week at a nine-month high over $103 a barrel and took its biggest weekly gain this year, as signs of an improving U.S. economy and progress on a bailout for Greece boosted projected fuel demand, Bloomberg reported.
February 17, 2012Oil Holds Over $100 a Barrel
Oil slipped from a five-week high but remained over $100 for a fourth day in early trading Thursday, Bloomberg reported.
February 16, 2012Diesel Jumps 8.7¢ to $3.943 a Gallon; Gas Gains for Seventh Time in Eight Weeks
Diesel jumped 8.7 cents to $3.943 a gallon, its fifth increase in six weeks, while gasoline rose for the seventh time in eight weeks, the Department of Energy reported.
February 14, 2012Shell Introducing Oil for Automatic Transmissions
PARK CITY, Utah — Shell Lubricants is introducing a fuel-efficient and long-life transmission and gearbox oil that meets the requirements of automatic transmissions used by Volvo Trucks and Mack Trucks, company officials said.
February 14, 2012Gasoline Jumps 12¢ to $3.51, Lundberg Says
Gasoline jumped almost 12 cents in the past three weeks to $3.51 per gallon, according to the latest Lundberg Survey of filling stations released Sunday.
February 13, 2012Clean Energy Opens Natural Gas Fueling Station in Ohio
Clean Energy Fuels Corp. said it has opened a new liquefied natural gas fueling station in Ohio.
February 13, 2012