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The U.S. Department of Energy's Energy Information Administration projects that under current policies, crude oil production in the U.S. will rise sharply over the next decade, while gasoline and petroleum-based diesel use will fall
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The price for a gallon of diesel once again rose above $4, with an average 5.8-cent increase at the pump for a national average retail price of $4.03, according to the weekly fuel update from the Energy Information Administration
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While nationwide diesel prices at the pump saw a decrease this week, it was a small one. The average price for a gallon of diesel fell only four-tenths of a cents to $3.967, according to the weekly U.S. Energy Information Administration's Gasoline and Diesel Fuel Update
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The U.S. Department of Energy has lowered its projections for crude oil prices for the fourth quarter and expects diesel fuel to average $4 per gallon during the quarter. The agency is predicting crude oil to remain about the same in 2013, and diesel prices to be slightly lower
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