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For the first time in four years, U.S. proved oil reserves increased during 2007, as proved reserve additions of 2 billion barrels exceeded production of 1.7 billion barrels, according to information released this week by the U.S. Energy Information Administration
Read More →The average price of a gallon of on-highway diesel plummeted 21.6 cents this week as oil prices fell below $80 a barrel Tuesday
Read More →Oil Purification Systems, Shelton, Conn. announced that New England Motor Freight and its parent company, the Shevell Group, have signed an agreement to begin implementing the OPS-1 on-board oil refining system on NEMF's fleet of 1,000 vehicles.
Read More →New quality specifications for biodiesel blends have been published by ASTM International. Biodiesel producers, petroleum companies, engine companies, vehicle manufacturers, pipeline operators, fleets and consumers will benefit from the new biodiesel blend specifications
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I-65 is being touted as America's first "biofuels corridor," with E85 ethanol-blend gasoline and B20 biodiesel-blend diesel available all along the interstate route
Read More →Crude oil futures fell below $85 Thursday on the New York Mercantile Exchange, a near 12-month-low
Read More →Diesel prices and crude oil prices continue to fall. The national average retail price of a gallon of diesel fell to $3.875, plunging 8.4 cents from the previous week,
Read More →As part of the financial rescue bill passed last week, there are measures that extend the biodiesel tax incentive and close the so-called "splash and dash" loophole
Read More →Retail diesel prices remain virtually unchanged, according to a weekly report from the U.S. Energy Information Administration
Read More →Diesel volumes at truckstops continue this year to decline over 2007 volumes, according to a fuel survey conducted by NATSO, an association representing 1,100 truckstops and travel plazas
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