Filed in Diesel
Tuesday, August 02, 2011
Following a cumulative 9.9 cent gain over the previous three weeks, the Department of Energy’s Energy Information Administration (EIA) reported this week that the price per gallon of diesel dropped 1.2 cents to $3.937.
Monday, August 01, 2011
If natural gas continues to be significantly less expensive than diesel, it would make sense that some portion of the transportation sector would convert from diesel to natural gas. But in doing so, demand for diesel would decline relative to demand for natural gas—and this would cause price convergence. How are are we from this reality?
Tuesday, July 26, 2011
The average price per gallon for diesel increased 2.6 cents to $3.949 per gallon.
Tuesday, July 19, 2011
The average price per gallon for diesel went up 2.4 cents to $3.923 per gallon, following a 4.9 cent increase last week, which marked the single largest weekly gain since the week of April 4, when prices went up 4.4 cents to $3.976 per gallon.
Tuesday, July 12, 2011
Diesel prices went up for just the second time in ten weeks, according to data from the Department of Energy’s Energy Information Administration (EIA).
Tuesday, May 24, 2011
Diesel prices dropped 6.4 cents this week to $3.997 per gallon, according to the Department of Energy’s Energy Information Administration (EIA). This represents the single largest weekly decline since a 7.3 cent dip from the week of May 24, 2010.
Monday, May 23, 2011
While the current fuel situation may not be as dire as it was during the summer of 2008, when prices hit nearly $5 per gallon and $150 per barrel, shippers are bracing for prolonged pain at the pump, according to the results of a recent Logistics Management reader survey of roughly 250 logistics, supply chain, and transportation executives.
Tuesday, May 17, 2011
Diesel prices decreased for just the fourth time in the last 24 weeks—and the second consecutive week—with a 4.3 cent decline to $4.061 per gallon, according to the Department of Energy’s Energy Information Administration (EIA). This follows a 2 cent dip last week, which dropped the average price per gallon to $4.104.
Monday, May 16, 2011
With gas prices making everyone uncomfortable, again, those same old fears about energy prices are back in the forefront. But it does not have to be these way. In fact, it should not be this way—period. That is how T. Boone Pickens, founder and chairman of BP Capital Management, sees it.
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Tuesday, April 12, 2011
A 10.2 cent weekly hike brings the current price to $4.078 per gallon, following a 4.4 cent increase last week and a 2.5 cent gain the week before. Diesel prices have been up 18 of the last 19 weeks. And on an annual basis, the price per gallon for diesel is up $1.009 per gallon.