Fuel and Oil

681  -  700  of  849

December 17, 2008

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

December 16, 2008

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.

December 15, 2008

Diesel Drops Below $2.50

The average price of a gallon of diesel has dropped below $2.50, according to weekly figures from the U.S. Energy Information Administration

December 9, 2008

Government Slashes Oil, Diesel Price Forecasts for 2009

The U.S. Energy Information Administration significantly cut its predictions for energy prices for 2009, saying the global economic slowdown is now projected to be more severe and longer than in last month's Short-Term Energy Outlook

December 8, 2008

Diesel Prices Continue to Fall; Oil Up After Four-Year Low

The national average of diesel fuel continued to fall last week even as crude oil futures hit a four-year low

December 4, 2008

Oil Prices Fall Below $44 a Barrel

Amid signs that the economy is continuing to worsen, crude oil futures fell below $44 a barrel Thursday on the New York Mercantile Exchange

December 1, 2008

Diesel, Oil Prices Continue to Fall

The national average price of a gallon of diesel this week fell to $2.615, 80 cents less than a year ago, according to the U.S. Energy Information Administration

November 24, 2008

Diesel Price Lowest in 20 Months, Crude Oil Prices Rise

The average price of diesel fuel fell another 14.5 cents per gallon this week to $2.664, a level not seen since spring of 2007

November 17, 2008

Diesel, Oil Prices Continue to Fall Amid News of Troubled Global Economy

Diesel prices continue their headlong plunge, with the U.S. Energy Information Administration reporting an average retail price of $2.809 in its weekly report, down 13.5 cents from last week and more than 60 cents lower than a year ago

November 12, 2008

Two Agencies Look at Short-Term, Long-Term Energy Forecasts

Two different energy forecasts released Wednesday indicate that while oil and diesel prices may stay fairly low through 2009, if that delays energy investment spending, it could mean an energy supply crunch later on

November 10, 2008

National Diesel Average Falls Below $3

The national average retail price for a gallon of diesel fuel fell below $3, the lowest price in more than a year

November 3, 2008

Diesel Prices Continue to Fall

Diesel prices continue their headlong retreat, falling 20 cents last week to a national average of $3.088, according to weekly figures from the U.S. Energy Information Administration

October 30, 2008

Test results confirm Valvoline Premium Blue Fuel Savings

Valvoline Premium Blue Extreme synthetic engine oil provides significant fuel economy benefits for Class 8 trucks, according to a test program initiated by Valvoline

October 27, 2008

Fuel, Oil Prices Continue Falling

Diesel and crude oil prices continue to plummet from their summer record highs. The national average price of a gallon of diesel as of Oct. 27 was $3.288, down 19.4 cents from the previous wee

October 20, 2008

Diesel, Oil Prices Continue to Fall

Diesel and crude oil prices continue to plummet, with the national average price of a gallon of diesel dropping below $3.50 for the first time since February -- but OPEC is not taking low oil prices sitting down

October 16, 2008

DOE: Proved Oil Reserves Grow

For the first time in four years, U.S. proved oil reserves increased during 2007, as proved reserve additions of 2 billion barrels exceeded production of 1.7 billion barrels, according to information released this week by the U.S. Energy Information Administration

October 14, 2008

Diesel, Oil Prices Continue To Drop

The average price of a gallon of on-highway diesel plummeted 21.6 cents this week as oil prices fell below $80 a barrel Tuesday

October 14, 2008

New England Motor Freight to Implement OPS-1 System Across Fleet

Oil Purification Systems, Shelton, Conn. announced that New England Motor Freight and its parent company, the Shevell Group, have signed an agreement to begin implementing the OPS-1 on-board oil refining system on NEMF's fleet of 1,000 vehicles.

October 14, 2008

New Biodiesel Blend Specifications Published

New quality specifications for biodiesel blends have been published by ASTM International. Biodiesel producers, petroleum companies, engine companies, vehicle manufacturers, pipeline operators, fleets and consumers will benefit from the new biodiesel blend specifications

October 13, 2008

I-65 Becomes First 'Biofuels Corridor'

I-65 is being touted as America's first "biofuels corridor," with E85 ethanol-blend gasoline and B20 biodiesel-blend diesel available all along the interstate route

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