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Diesel prices are still falling, although the rate of decline has slowed. Energy Information Administration figures released Monday show the average price of a gallon of diesel to be $2.291, down 3.6 cents from last week
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BP has started production from the third and fourth wells at the Thunder Horse oil production field in the Gulf of Mexico, with production now in excess of 200,000 barrels of oil equivalent per day, marking commencement of full operatio
Read More →The average price of a gallon of diesel is now about a dollar less than it was a year ago, according to weekly figures from the U.S. Energy Information Administration
Read More →Wright Express has modified its fuel-price risk management program, continuing to purchase derivative instruments to cover approximately 80 percent of its fuel-price-related earnings exposure going forward, but not as far in advance as in the past
Read More →The average price for a gallon of on-highway diesel fell again last week, to $2.366 per gallon, according to weekly figures from the U.S. Energy Information Administration
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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
Read More →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.
Read More →The average price of a gallon of diesel has dropped below $2.50, according to weekly figures from the U.S. Energy Information Administration
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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
Read More →The national average of diesel fuel continued to fall last week even as crude oil futures hit a four-year low
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