energy News Updates

Fuel

U.S. Must Lift Oil Production to Ease Prices, Graves Says

American Trucking Associations President Bill Graves said Congress and the Obama administration must take steps to increase oil production in the Gulf of Mexico, but that domestic oil production alone would not provide a solution to high diesel fuel prices that are hurting the trucking industry.

April 4, 2011
Fuel, Business

Diesel To Average $3.19 Next Year, DOE Says

Diesel will continue to rise into next year, averaging $3.19 at the pump in 2011, the Department of Energy said.

November 9, 2010
Business, Fuel

Clean Energy Trims Third-Quarter Loss

Clean Energy Fuels Corp., which provides fuel for natural gas-powered vehicles, said Tuesday its third-quarter loss was smaller than a year ago, as revenue jumped 46%.

November 9, 2010
Fuel, Business

DOE Holds Diesel Forecast Under $3 a Gallon

The Department of Energy said diesel will average just below $3 a gallon this year, in line with its previous forecasts, but will climb over that level in 2011.

August 10, 2010
Fuel, Business

DOE Keeps 2010 Diesel Forecast Under $3 a Gallon

Diesel’s national retail price will average $2.98 a gallon this year, the Department of Energy said in boosting its most recent prediction by 2 cents.

July 8, 2010
Government, Business, Fuel

Passage of Energy Bill Seen Doubtful in Senate

A bipartisan group of U.S. senators left a closed-door White House meeting with President Obama last week divided over whether energy and climate legislation could pass and uncertain what form it might take.

July 5, 2010
Fuel, Business

DOE Lowers 2010 Diesel Forecast to Below $3 a Gallon

The Department of Energy said diesel will average under $3 a gallon this year, lowering last month’s forecast by about a dime.

June 8, 2010
Fuel, Business

Diesel, Gasoline to Remain Near $3 a Gallon into 2011, DOE Says

Diesel will average more than $3 a gallon next year, in line with a previous forecast, the Department of Energy said.

April 7, 2010