Diesel fuel prices jumped 9.1 cents to $4.051, the first time it has topped $4 since November and the highest price since May. Gasoline fuel prices soared 13 cents to $3.721 a gallon in the largest weekly increase in nearly … Continue reading →
As we are all worried about diesel fuel prices and gas prices going higher Maryland Gov. Martin O’Malley (D) has sent the legislature his proposal for imposing the state’s 6% sales tax on all motor fuel purchases — a plan … Continue reading →
Crude oil climbed again Thursday, topping out at $108.53 to close. Diesel fuel prices and gas prices follow up with gains as well. On a euro basis, Brent futures hit a record 93.60 Euros per barrel earlier in the session, … Continue reading →
One again this week diesel fuel prices and crude oil prices rose. The average diesel fuel prices are now around $3.96 per gallon, yet it is an increase of only about 2 cents from last week. However, the current price … Continue reading →
Diesel fuel rose for a fourth week, gaining 1.7 cents to $3.96 a gallon, while gasoline rose for the eighth time in nine weeks. Gasoline’s national average rose 6.8 cents to $3.591 a gallon. It was also the fourth straight … Continue reading →
Diesel fuel jumped 8.7 cents to $3.943 a gallon, its fifth increase in six weeks, while gasoline fuel prices rose for the seventh time in eight weeks. Gas gained 4.1 cents to $3.523 a gallon. The diesel increase left it 40.9 … Continue reading →
Iran’s situation will make for an interesting few months for the oil industry. Iran is currently enveloped in a food shortage. It can no longer import the necessary food to nourish its population due to the new economic sanctions on … Continue reading →
Diesel fuel prices rose 0.6 cent to $3.856 a gallon, its fourth increase in the past five weeks, while gasoline continued to climb at a faster rate. Gas fuel prices rose 4.8 cents to $3.482 a gallon, its sixth increase … Continue reading →
It’s the beginning of February and its 68 degrees in the Philadelphia, PA part of the country. To say we have had a mild winter so far would be a big understatement. Crude inventories are up, gas inventories are up, … Continue reading →
Just like that, the first month of the year is gone. It’s been a wacky winter; the most mild I can ever remember. I think a lot of that has to do with why fuel has been so wacky. Supply … Continue reading →