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Fuel and Oil

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July 7, 2008 - Industry News

Diesel Prices Shoot up Again

After actually showing a decline for the month of June, diesel prices roared back with a vengeance last week to a new record high, with the national average retail price jumping more than 8 cents a gallon

Tags: Fuel and Oil

July 3, 2008 - Industry News

World Energy Use Projected to Grow 50 Percent Between 2005 and 2030

The U.S. Energy Information Administration projects that world marketed energy consumption will grow by 50 percent between 2005 and 2030

Tags: Fuel and Oil

July 2, 2008 - Industry News

Gasoline and Diesel Demand Drops, Survey Shows

With fewer people on the road because of high fuel prices, truckstops and other fuel retailers have seen demand for fuel drop, even while prices continue to rise, according to data released Wednesday by NATSO,

Tags: Fuel and Oil

July 2, 2008 - Industry News

Crude Oil Prices Hit New Record High

Crude oil prices hit a new record over $144 a barrel during trading on the New York Stock Exchange Wednesday before closing at $143.57

Tags: Fuel and Oil

June 25, 2008 - Industry News

ATA Calls for Comprehensive Plan to Ensure Affordable Oil

The American Trucking Associations today urged the Bush Administration and Congress to implement a comprehensive plan to increase domestic oil supplies and ensure an affordable supply of oil for the nation's 3.5 million truck drivers and American consumers

Tags: Fuel and Oil

June 25, 2008 - Industry News

EIA Forecasts Continued High Diesel Prices

Diesel prices will remain in the $4-plus range through the second half of 2009, the federal energy agency is forecasting

Tags: Fuel and Oil

June 23, 2008 - Industry News

Diesel Prices Fall; Oil Prices Still Volatile

The national average retail price of a gallon of diesel fuel fell 4.4 cents over the past week to $4.648

Tags: Fuel and Oil

June 20, 2008 - Industry News

ASTM Approves New Biodiesel Blend Specifications

The ASTM International D02 Main Committee late last week approved a trio of long-awaited ASTM specifications for biodiesel blends

Tags: Fuel and Oil

June 16, 2008 - Industry News

Diesel, Oil Prices Remain High

The national average price of a gallon of diesel fuel remained unchanged from last week, while crude oil prices went on a roller coaster ride Monday

Tags: Fuel and Oil

June 12, 2008 - Industry News

EIA Hikes Diesel, Oil Price Predictions

The U.S. Energy Information Administration is having a hard time predicting where fuel and oil prices will go, as its Short-Term Energy Outlook released this week predicted prices far higher than the same report just two months ago

Tags: Fuel and Oil

June 9, 2008 - Industry News

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

Tags: Fuel and Oil

June 8, 2008 - Industry News

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

Tags: Fuel and Oil

June 5, 2008 - Industry News

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

Tags: Fuel and Oil

June 5, 2008 - Industry News

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

Tags: Fuel and Oil

June 3, 2008 - Industry News

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

Tags: Fuel and Oil

June 2, 2008 - Industry News

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

Tags: Fuel and Oil

May 30, 2008 - Industry News

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

Tags: Fuel and Oil

May 29, 2008 - Industry News

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

Tags: Fuel and Oil

May 27, 2008 - Industry News

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,

Tags: Fuel and Oil

May 21, 2008 - Industry News

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

Tags: Fuel and Oil

May 20, 2008 - Industry News

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

Tags: Fuel and Oil

May 19, 2008 - Industry News

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

Tags: Fuel and Oil

May 18, 2008 - Industry News

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

Tags: Fuel and Oil

May 16, 2008 - Industry News

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

Tags: Fuel and Oil

May 14, 2008 - Industry News

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

Tags: Fuel and Oil

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