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Fuel and Oil

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March 13, 2009 - Industry News

Fleets Earn Rebates for Fuel Purchases

Multi Service Corporation announces the launch of the company's new fuel card program for over-the-road fleets

Tags: Fuel and Oil

March 13, 2009 - Industry News

Innovation Fuels to Showcase Integrated Biorefinery

Innovation Fuels, the renewable energy company that manufactures, markets, and distributes second-generation biodiesel to customers around the world, has launched an initiative to create the country's first integrated biorefinery

Tags: Fuel and Oil

March 8, 2009 - Industry News

ExxonMobil to Invest at Record Levels to Meet Future Energy Demand

ExxonMobil Friday announced plans to invest at record levels -- between $25 billion and $30 billion annually over the next five years -- to meet expected long-term growth in world energy demand

Tags: Fuel and Oil

March 2, 2009 - Industry News

Diesel Prices Continue to Fall

Diesel fuel prices continue their slide downward to the $2 mark, with a gallon of diesel averaging $2.087 nationwide according to weekly figures released Monday by the U.S. Energy Information Administration

Tags: Fuel and Oil

February 27, 2009 - Industry News

Court Strikes Down Wisconsin Law Regulating Fuel Prices

You may see fuel prices drop in Wisconsin after a court overturned a law that was designed to prevent unfair price cutting among fuel sellers

Tags: Fuel and Oil

February 23, 2009 - Industry News

Diesel Prices Still Heading Down

Diesel prices continue their downward trend, with the national average retail price falling 5.6 cents this week to $2.13, according to weekly numbers from the U.S. Energy Information Administration

Tags: Fuel and Oil

February 22, 2009 - Industry News

National Biodiesel Board Launches YouTube Channel

The National Biodiesel Board has launched its own YouTube Channel, offering comprehensive biodiesel videos and news on the web site

Tags: Fuel and Oil

February 17, 2009 - Industry News

Diesel, Oil Prices Falling

Diesel prices continue to fall, with the national average dropping 3.3 cents last week to $2.186, according to the weekly report from the U.S. Energy Information Administration

Tags: Fuel and Oil

February 10, 2009 - Industry News

EIA: Diesel Predicted to Average $2.28 in 2009

On-highway diesel prices are expected to average $2.28 per gallon this year and $2.55 in 2010, according to the U.S. Energy Information's Short Term Energy Outlook released Tuesday

Tags: Fuel and Oil

February 9, 2009 - Industry News

Diesel Prices Lowest Since 2005

The average price of a gallon of diesel fell almost 3 cents this week to $2.219, according to weekly figures from the U.S. Energy Information Administration

Tags: Fuel and Oil

February 2, 2009 - Industry News

Diesel Prices Continue Decline

The average price of a gallon of diesel is now more than a dollar less than it was a year ago, falling 2.2 cents from last week

Tags: Fuel and Oil

January 26, 2009 - Industry News

Diesel, Oil Prices Drop

The national average price of a gallon of diesel and the price of a barrel of oil traded on the futures market both showed declines Monday

Tags: Fuel and Oil

January 22, 2009 - Industry News

Research Debunks Expected Energy Drop in ULSD

Research sponsored by the American Transportation Research Institute found that contrary to expectations, ultra-low-sulfur diesel fuel does not have lower energy levels

Tags: Fuel and Oil

January 21, 2009 - Industry News

Diesel Prices Fall

The average price of a gallon of diesel fell almost 2 cents this week, according to weekly figures from the U.S. Energy Information Administration

Tags: Fuel and Oil

January 15, 2009 - Industry News

Innovation Fuels Purchases Terminal at Port of Milwaukee

Innovation Fuels, a New York-based renewable fuel company that manufactures, markets, and distributes biodiesel fuel, has closed on the purchase of a 310,000-barrel-capacity terminal located on ten acres in the Port of Milwaukee.

Tags: Fuel and Oil

January 14, 2009 - Industry News

EIA Predicts Lower Fuel, Oil Prices

The U.S. Energy Information Administration again cut its price forecasts for 2009 oil and fuel prices

Tags: Fuel and Oil

January 12, 2009 - Industry News

Diesel Prices Rise for First Time in Months

After months of weekly declines, the average price of a gallon of diesel fuel rose 2.3 cents this past week, according to weekly figures from the U.S. Energy Information Administration

Tags: Fuel and Oil

January 9, 2009 - Industry News

Biodiesel Industry Says It's Ready for Renewable Fuels Goals

The National Biodiesel Board Friday said the U.S. biodiesel industry is ready to meet America's renewable fuels goals for 2009

Tags: Fuel and Oil

January 5, 2009 - Industry News

Diesel Price Decline Slows

Diesel prices are still falling, although the rate of decline has slowed. Energy Information Administration figures released Monday show the average price of a gallon of diesel to be $2.291, down 3.6 cents from last week

Tags: Fuel and Oil

January 4, 2009 - Industry News

Thunder Horse Oil Platform Now in Full Operation in Gulf

The Thunder Horse platform taps an oil and gas reservoir that lies some 3 miles beneath mud, rock and salt, topped by a mile of ocean.

BP has started production from the third and fourth wells at the Thunder Horse oil production field in the Gulf of Mexico, with production now in excess of 200,000 barrels of oil equivalent per day, marking commencement of full operatio

Tags: Fuel and Oil

December 29, 2008 - Industry News

Diesel Prices Drop, Oil Rises Above $40

The average price of a gallon of diesel is now about a dollar less than it was a year ago, according to weekly figures from the U.S. Energy Information Administration

Tags: Fuel and Oil

December 29, 2008 - Industry News

Wright Express Modifies Fuel-Price Risk Management Program

Wright Express has modified its fuel-price risk management program, continuing to purchase derivative instruments to cover approximately 80 percent of its fuel-price-related earnings exposure going forward, but not as far in advance as in the past

Tags: Fuel and Oil

December 22, 2008 - Industry News

Diesel Prices Fall to Lowest Level Since 2005

The average price for a gallon of on-highway diesel fell again last week, to $2.366 per gallon, according to weekly figures from the U.S. Energy Information Administration

Tags: Fuel and Oil

December 17, 2008 - Industry News

OPEC Slashes Production; New Energy Outlook Predicts Flat Oil Consumption

The OPEC oil cartel announced their biggest output cut ever Wednesday, cutting 2.2 million barrels per day to try to boost prices, at the same time as the U.S. government released a new report predicting flat oil consumption to 2030

Tags: Fuel and Oil

December 16, 2008 - Industry News

ExxonMobil Invests to Increase ULSD Supply

ExxonMobil Refining & Supply will invest more than $1 billion in three refineries to increase the supply of ultra low sulfur diesel by about 6 million gallons per day.

Tags: Fuel and Oil

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