Filed in Diesel Prices
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.
Tuesday, April 26, 2011
Diesel prices remained above the $4 per gallon mark for the third straight week despite dropping $0.7 cents to $4.098 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Wednesday, April 13, 2011
With the price per gallon of diesel fuel now officially north of $4, there remains a distinct possibility that future retail sales could tail off or remain relatively flat in the coming months.
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.
Tuesday, April 05, 2011
This increase follows a 2.5 percent gain and a 0.1 percent decline, respectively, over the last two weeks, with diesel prices showing gains in 17 of the last 18 weeks. On an annual basis, diesel is up 96.1 cents.
Wednesday, March 30, 2011
While looking at mainstream media news sites today, an item in The New York Times caught quickly caught my attention. Maybe it caught your attention, too. Here is the headline: “Obama to Set Goal of One-Third Cut in Oil Imports.”
Posted on 03/30 at 11:53 AM
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Tuesday, March 29, 2011
After a 0.1 cent decline last week, diesel prices went up 2.5 cents to $3.932 per gallon, with prices up 99.3 cents on an annual basis.