Oil fell almost $1 a barrel Friday, finishing the week at $96.13, its lowest closing price this year, Bloomberg reported.
May 11, 2012BusinessFuel
Electric Class 8 Truck Offered for Short Hauls
Balqon Corp., which makes electric-powered heavy-duty trucks, has introduced a new Class 8 tractor for inner city and shorthaul drayage service.
May 14, 2012BusinessFuel
Diesel Slips for Fourth Straight Week
Retail diesel prices declined for a fourth week, with the national average dipping 1.6 cents to $4.057 a gallon, the Department of Energy reported, while crude oil futures fell to the lowest levels in three months.
May 14, 2012BusinessFuel
Oil Rises to Over $97 a Barrel
Oil rose for the first time in more than a week Thursday, gaining 27 cents to just over $97 a barrel, after falling for six straight trading days, Bloomberg reported.
May 10, 2012BusinessFuel
Clean Energy鈥檚 1Q Loss Widens on One-Time Charge
Clean Energy Fuels Corp. reported its first-quarter loss widened, in part due to one-time costs.
May 10, 2012BusinessFuel
DOE Lowers Price Forecasts for Diesel, Gasoline, Crude Oil
Diesel fuel will average聽$4.06 a gallon this year, the Department of Energy said, lowering a previous forecast.
May 9, 2012BusinessFuel
Diesel Dips 1.6垄 to $4.057 in Fourth Straight Decline
Diesel dipped 1.6 cents to $4.057 a gallon, its fourth straight decline and the fifth in six weeks, as oil hit a three-month low and gasoline also fell, the Department of Energy said Monday.
May 8, 2012BusinessFuel
Natural Gas Output Down, Prices Up, Journal Reports
Natural gas producers are scaling back output, boosting historically low prices, the Wall Street Journal reported.
May 7, 2012BusinessFuel
Gasoline Continues Lower Trend, Lundberg Survey Reports
Gasoline鈥檚 national average pump price fell 7 cents in the past two weeks to $3.85 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 7, 2012EditorialFuel
Editorial: Fuel Prices and Fleet Failures
The latest quarterly study of trucking fleet failures paints a more positive picture than we would have expected in years past, considering the high level of fuel prices.
May 7, 2012