Oil Closes Over $100 a Barrel for First Time Since 2008
Oil closed over $100 a barrel Wednesday for the first time since September 2008, Bloomberg reported.
March 2, 2011Daily Briefings from Transport Topics
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Oil Closes at 29-Month High
Oil closed at a 29-month high near $100 a barrel on continued concerns about Middle East political unrest, Bloomberg reported.
March 2, 2011Diesel Leaps 14.3¢ to $3.716 a Gallon; Gasoline Spikes 19.4¢ to $3.383
Diesel jumped 14.3 cents to $3.716 a gallon, its 13th straight weekly gain, while gasoline soared 19.4 cents to $3.383, the Department of Energy said Monday.
March 1, 2011Calif.’s Global Warming Targets May Cut Light Truck Sales
Automakers may forego as much as $4 billion a year in light truck sales to prevent states led by California from setting their own mileage standards, Bloomberg reported Tuesday.
March 1, 2011Oil Trades Near $100 a Barrel
Oil traded near $100 a barrel early Monday, its highest level in more than two years, as ongoing Middle East political turmoil raised concerns that production may be disrupted further, Bloomberg reported.
February 28, 2011Middle East Unrest and Fuel Prices
Just as the U.S. economy seems to be growing some serious muscle, international events are threatening to intervene in what has become a period of steady business improvement.
February 28, 2011Diesel Price Rises 3.9¢ to $3.573 a Gallon
U.S. retail diesel prices continued to climb last week, rising 3.9 cents a gallon to $3.573, the Department of Energy reported, as crude oil topped $100 a barrel for the first time since October 2008.
February 28, 2011Oil Hits $100 a Barrel
Crude oil hit $100 per barrel Wednesday in trading on the New York Mercantile Exchange, Bloomberg reported.
February 23, 2011Diesel Rises 3.9¢ to $3.573 a Gallon
Diesel increased in price for the 12th straight week, gaining 3.9 cents to $3.573 a gallon, the Department of Energy said.
February 23, 2011DeFazio Proposes Limiting Detention Time
Rep. Peter DeFazio (D-Ore.) has introduced a bill that would require the Department of Transportation to study and establish a maximum number of hours that drivers may be detained at loading docks without being compensated.
February 22, 2011