Diesel Again Tops $4 a Gallon After 2.3¢ Rise
The average price of a gallon of diesel climbed above $4 last week, approaching levels not seen since spring, when trucking’s main fuel stayed over that benchmark for six weeks.
November 28, 2011Diesel Tops $4 for First Time Since May; Gasoline Drops 6.8¢ to $3.368 a Gallon
Diesel rose 2.3 cents to $4.01 a gallon, the first time it has topped $4 in more than six months, the Department of Energy reported.
November 22, 2011Diesel Jumps 10¢ to $3.987, in Largest Increase in 7 Months
U.S. retail diesel prices jumped last week, as the national average gained 10 cents a gallon to $3.987, the largest weekly increase in more than seven months, the Department of Energy reported.
November 21, 2011Auto Mileage Standards’ Costs Offset by Savings, NHTSA Says
A proposed U.S. rule requiring automakers to double average fuel economy of vehicles to 54.5 miles per gallon by 2025 could cost $157 billion, though the costs would be offset by fuel savings, two federal agencies said in a draft, Bloomberg reported.
November 17, 2011Oil Tops $100 for First Time Since June
Oil jumped above $100 a barrel Wednesday, closing over that level for the first time in five months, Bloomberg reported.
November 16, 2011Diesel Jumps a Dime to $3.987 a Gallon; Gasoline Gains for First Time in a Month
Diesel jumped a dime to its highest level in almost six months — a national average price of $3.987 a gallon, the Department of Energy reported.
November 15, 2011U.S. Delays Decision on Keystone Oil Pipeline
The U.S. State Department said it has delayed its decision on the proposed Keystone XL oil pipeline and will examine alternate routes that would avoid environmentally sensitive areas in Nebraska, the Associated Press reported.
November 14, 2011Driver Shortage, Tight Fleet Capacity Fuel Growth of Intermodal Shipping
The truck driver shortage and related fleet capacity constraints are driving strong growth in domestic intermodal hauling as carriers and shippers try to ensure they have freight-moving options in the months ahead, industry experts said.
November 14, 2011Clean Energy, Quarles Petroleum to Add Natural Gas Fueling in Mid-Atlantic
Clean Energy Fuels Corp. announced it has partnered with Mid-Atlantic fleet fueling station operator Quarles Petroleum to add natural gas fueling services at several Quarles locations.
November 14, 2011Oil Slips but Remains Near $98 a Barrel
Oil fell from a three-and-a-half month high to below $98 a barrel early Monday on concerns over Italy’s debt and easing demand in China, Bloomberg reported
November 14, 2011