Fuel and Oil

741  -  760  of  854

June 9, 2008

Diesel Prices, Oil Down

The average price of a gallon of diesel fuel dropped slightly for the second week in a row, according to weekly figures from the federal Energy Information Administration, and crude oil prices dropped Monday as well

June 8, 2008

Oil Prices Hit New Record

Oil prices took their largest single-day leap ever Friday, and energy ministers from the world's top industrialized nations pledged Sunday to work to fight soaring energy costs

June 5, 2008

Oil Prices Leap

After falling for several days, the price of crude oil took an unexpected jump Thursday on the New York Mercantile Exchange. Light sweet crude for July delivery leaped $5.49 late in the day to close at $127.79 a barrel

June 5, 2008

Georgia Suspends Scheduled Increase in Fuel Tax

Georgia Gov. Sonny Perdue signed an executive order this week suspending a scheduled increase in fuel taxes that would have taken effect on July 1

June 3, 2008

Connecticut Diesel Tax Going Up July 1

Connecticut's state tax on diesel fuel will rise 7.7 cents per gallon as of July 1

June 2, 2008

Diesel Prices Drop Slightly

Diesel prices dropped slightly over the past week after a meteoric run-up that saw the national average of a gallon of diesel rise more than 57 cents in just three weeks

May 30, 2008

Shell Launches Perdido Spar Hull

The hull of one of the world's deepest oil production facilities last week embarked on an 8,200-mile journey from the shipyard in Pori, Finland, to Ingleside, Texas

May 29, 2008

Regulators Probing Oil Futures Trading

In response to the dramatic increases in the price of crude oil traded on the commodity market, the U.S. Commodity Futures Trading Commission Thursday announced initiatives to increase transparency of the energy futures markets

May 27, 2008

Diesel Prices Jump Nearly 23 Cents; National Attention on Plight of Truckers

The average price of diesel fuel jumped 20 to 30 cents a gallon this past week, depending on what part of the country you were in, with the national average at $4.723 per gallon,

May 21, 2008

Crude Oil Prices Soar to New Record

Crude oil prices shot up over $130 a barrel Wednesday, while executives from the big oil companies testified before a Senate Judiciary Committee that there was little they could do

May 20, 2008

Oil Prices Hit New High, House Passes Anti-OPEC Legislation

Oil prices closed over $129 for the first time Tuesday, as the U.S. House of Representatives passed legislation that would seek to subject OPEC oil producers to U.S. antitrust laws and investigate energy market manipulation

May 19, 2008

Diesel, Oil Prices Continue to Set Records

The national average price for a gallon of diesel fuel is up to $4.497, according to figures released Monday by the U.S. Energy Information Administration

May 18, 2008

Oil Prices Hit New Highs

News last week that the government would stop putting money into the Strategic Petroleum Reserve and that Saudi Arabia would boost oil output appeared to make no difference to commodities traders as crude oil hit new records Friday

May 16, 2008

Government to Stop Adding to Strategic Petroleum Reserve

The Associated Press reports that the Energy Department has canceled oil shipments into the Strategic Petroleum Reserve beginning in July when the current purchase contract expires

May 14, 2008

Minnesota To Require 20 Percent Biodiesel Blend

Minnesota, which was the first state to mandate biodiesel, will increase the state's current 2 percent biodiesel mandate to 20 percent by 2015

May 12, 2008

Diesel Prices Skyrocket

The average retail price of a gallon of diesel fuel skyrocketed to $4.331, according to the Energy Information Administration's weekly report, while crude oil briefly passed a record $126 a barrel Monday

May 9, 2008

Oil Prices: How High Can They Go?

Crude oil hit a record $126 on the New York Mercantile Exchange Friday, almost double the price of a year ago, and analysts disagreed sharply last week on where oil prices are headed in the future

May 7, 2008

Oil Prices Soar, DOE Ups Price Predictions, Senators Look for Relief

As crude oil prices soar to new records, the U.S. Department of Energy is predicting the price of a gallon of diesel will average close to $4 per gallon in 2008, and Democrats in the U.S. Senate are proposing measure

May 5, 2008

Oil Hits New Record, Diesel Prices Fall Slightly

Last week's average retail price for a gallon of diesel fell nearly 3 cents from the previous week but was still $1.357 more than it was a year ago, and a new record for crude oil prices could send fue

April 30, 2008

Fuel Tax Holiday Proposed in New York State

New York Assembly Republican Leader James Tedisco and the Assembly Republican Conference Wednesday called for relieving some of the pain at the pump by instituting a "summer holiday" from state fuel taxes


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