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Tag Archives: Diesel
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.
The national average price for a gallon of diesel fuel spiked 11.5 cents this week, according to the Department of Energy’s weekly report, while gasoline prices rose a more modest 3.72 cents per gallon.
Diesel and gasoline prices rose again this week, by 8.8 cents and 1.6 cents, respectively, reports the Energy Information Administration. Oil prices tumbled 4.2% Monday due to returning worries about Europe’s debt crisis.
The average U.S. price of both diesel and gasoline rose this week, according to data from the Energy Information Administration. Also, oil prices climbed for a fourth day this week.
Diesel prices are up this week after a three-month-long downward trend, but gasoline prices continue to decline. Oil prices rose on Monday due to concerns that a labor dispute in Norway could lead to a complete shutdown of the country’s oil production.
Truckinginfo.com Headline News
Diesel and gasoline prices continued to drop for the 10th straight week, and European economy concerns are still affecting oil prices.
Diesel and gasoline prices continue their decline for the sixth straight week. After weeks of decline, however, oil prices rose due to encouraging signs regarding the U.S. and Chineseeconomies.
Significant job losses directly attributable to California Air Resources Board’s fuel policies, says a new study by the California Trucking Association. Goods movement and agriculture sectors will be especially hard hit if the policies are allowed to go into effect as currently designed.