Diesel dipped 0.1 cent to $4.016 a gallon, its first decline in six weeks and just the third this year, the Department of Energy reported March 3.
March 3, 2014Fuel
Diesel Surges Past $4 a Gallon
Diesel pushed past $4 a gallon for the first time in almost a year, gaining 2.8 cents to $4.017 a gallon, the Department of Energy reported Feb. 24.
February 25, 2014Government, Business, Fuel
US to Tighten Fuel Rules
President Obama last week said he would seek an additional set of carbon-dioxide emissions and fuel-economy improvements for heavy- and medium-duty trucks that would go beyond standards that take effect this year and in 2017.
February 24, 2014Government, Fuel, Business
Foxx Says Fuel Tax Increase Is Not Needed
WASHINGTON — Transportation Secretary Anthony Foxx said the Obama administration still believes there is a better way to raise the money needed to upgrade the nation’s highway infrastructure than to raise the federal fuel tax.
February 20, 2014Fuel
Diesel Rises 1.2 Cents a Gallon to $3.989; Gasoline Up 7.1 Cents
U.S. retail diesel and gasoline prices rose for the week, the Department of Energy said Feb. 18 after its weekly surveys of fueling stations.
February 19, 2014Government, Fuel
Plaintiffs Dismiss ‘Hot Fuel’ Cases
The plaintiffs in a set of 2006 cases against fuel retailers for selling “hot fuel†have dismissed the cases, the Kansas City Business Journal reported.
February 18, 2014Fuel
Diesel to Average $3.83 This Year, DOE Says
The Department of Energy raised its outlook for 2014 U.S. retail diesel prices by 2 cents to $3.83 a gallon, the second straight month in which it projected an increase.
February 11, 2014Fuel
Diesel Rises Again, Climbing 2.6¢ to $3.977
Diesel’s national average retail price continued its recent ascent, gaining 2.6 cents to $3.977 a gallon as oil topped $100 a barrel for the first time this year, the Department of Energy reported Feb. 10.
February 11, 2014Fuel
Gasoline Price Dips Slightly in Lundberg Survey
The average U.S. retail price of a gallon of gasoline was $3.294 on Feb. 7, a slight decrease from two weeks prior, according to Lundberg Survey Inc.
February 10, 2014Fuel
Wex Increases Profit in 4Q
Fleet payment-processing company Wex Inc. said its fourth-quarter profit increased as it added customers and processed more transactions than the same quarter last year.
February 5, 2014