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NewsMay 27, 2010

Oil Continues to Rise As China Backs Europe

Oil continued to rise Thursday as news that China was not reviewing its investments in the European market hit investor

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NewsMay 25, 2010

Oil Prices to Continue Upward Trend in Years Ahead

U.S. oil prices are expected to rise to $108 per barrel by 2020 and $133 per barrel by 2035, according to the U.S. Department of Energy

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NewsMay 24, 2010

Diesel Sees Largest One-Week Drop in Over a Year

Diesel continued to drop for the second week in a row, down 7.3 cents to a national average of $3.021 a gallo

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NewsMay 19, 2010

Biodiesel Tax Credit Moves Closer to Publication This Week

The House of Representatives is expected to take up the American Workers, State and Business Relief Act of 2010 this week, which includes the biodiesel tax credit, which lapsed Dec. 31, 2009

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NewsMay 17, 2010

Diesel Takes First Dip in Seven Weeks; Oil Continues Downward

Diesel prices fell for the first time in seven weeks, dropping 3.3 cents to a national average of $3.094 a gallo

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NewsMay 14, 2010

Crude Oil Reaches Three-Month Low on Market Volatility

Crude oil plunged to its lowest level in three months at the close of trading Friday, a reflection of market volatility, which got investors worried about too many supplie

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NewsMay 11, 2010

Fuel Prices Should Rise on Economic Growth

The U.S. Energy Information Administration has raised its predictions for diesel and oil prices on more optimistic economic growth forecasts, according to the most recent Short-Term Energy Outlook

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NewsMay 11, 2010

EIA Projects Greater Use of Renewables By 2035

Over the next 25 years, energy consumption is expected to grow, but there will also be a greater use of renewable fuels within the transportation secto

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NewsMay 10, 2010

Diesel Prices Rise Half a Penny; Oil Eases Back Up

Diesel prices changed slightly from last week, rising 0.5 cents to $3.127 a gallon this wee

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NewsMay 7, 2010

Oil Reaches 11-Week Low Following Market Plunge

Oil prices dropped even further Friday, following Thursday's stock market plunge. Crude oil closed out the week at $75.11 a barrel on the New York Mercantile Exchange, an 11-week lo

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