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Crude Topping $50 Could Mark Oil Tipping Point

Crude Topping $50 Could Mark Oil Tipping Point

Analysts contend that the crude oil supply-and-demand imbalance will be righted just as soon as the price climbs high enough to compel U.S. shale-oil drillers to again ramp up production.

May 27, 2016

Obama Vetoes Keystone Pipeline

Obama Vetoes Keystone Pipeline

President Obama has vetoed the Keystone XL Pipeline Approval Act, which Congressional Republicans had sent to the White House earlier today.

February 24, 2015

Average Diesel Cost Posts Another Weekly Decline
On-Highway Diesel Prices Ease Upward by a Tenth of a Cent
Congressional Budget Doesn’t Cut Highway Funding

Congressional Budget Doesn’t Cut Highway Funding

Less than a week after the U.S. House passed the budget deal agreed upon by both chambers, the Senate on Wednesday passed the bill that outlines spending levels for two years by a vote of 64-36.

December 20, 2013

Average Cost of Diesel Lowest Since Mid-July

Average Cost of Diesel Lowest Since Mid-July

Figures released late Monday afternoon by the U.S. Energy Department show the cost of diesel is down 1.6 cents over the past week for a national average of $3.87 per gallon.

October 28, 2013

Energy Department Forecast Calls for Stable to Falling Fuel Prices