Diesel Falls to New Yearly Low of $2.465 a Gallon


The U.S. average retail price of diesel set a new low for the year, falling 2.4 cents to $2.465 a gallon, the Department of Energy reported.

Roger W. Gilroy | Staff Reporter
June 26, 2017

Oil Tumbles to Lowest Since November as Gasoline Supplies Surge

Luke Sharrett/Bloomberg News

Oil slipped to the lowest since November as weaker demand at the start of the summer driving season led to another increase in gasoline stockpiles.

Jessica Summers and Meenal Vamburkar | Bloomberg News
June 14, 2017

Breaking Down California’s New Higher Gasoline Tax

Luke Sharrett/Bloomberg News

The California Legislature and Gov. Jerry Brown just passed a bill that will plow $52.4 billion in taxes and fees aimed at shoring up California’s freeways, roads and bridges.

Rob Nikolewski | The San Diego Union-Tribune
April 24, 2017
Business, Fuel

Drivers Won't Pay Much More at Pump This Summer

Mike Blake/Reuters

American drivers paying the most for gasoline since 2015 can take some comfort from forecasts that prices don’t have much further to rise.

Sarah Ponczek | Bloomberg News
April 11, 2017
Business, Fuel

Peak Gasoline Demand Looms With Engine Efficiency Gains

Luke Sharrett/Bloomberg News

Demand for gasoline in the United States, which accounts for one-tenth of global oil consumption, is expected to peak next year as engines become more efficient, WoodMackenzie analysts said.

Ron Bousso | Reuters
March 3, 2017
Business, Fuel

Diesel Falls 2.2¢ to $2.421 as Crude Rises

The U.S. average retail price of diesel fell 2.2 cents a gallon to $2.421, the Department of Energy said Nov. 21, as crude oil prices crept higher.

Roger W. Gilroy | Staff Reporter
November 28, 2016
Business, Fuel

Awash in Gasoline, US Refiners Export Fuel at Record Pace

Daniel Acker/Bloomberg News

Gasoline exports have risen above imports for three consecutive weeks as recurring pipeline outages and higher production levels by refiners caused Gulf Coast inventories to grow.

Laura Blewitt | Bloomberg News
November 15, 2016
Business, Fuel

Global Oil Market 'Severely Oversupplied' With Gasoline, Analysts Say

Luke Sharrett/Bloomberg News

The global oil market is "severely oversupplied" with gasoline — with stocks at a five-year high — serving as a blow to crude prices from next month, reckon Morgan Stanley analysts led by Adam Longson.

Siddharth Verma | Bloomberg News
July 25, 2016
Business, Fuel

Gasoline Supplies Rise to Record as Imports Pour into East Coast

Matthew Staver/Bloomberg News

Refineries across the nation are operating full out and imports are pouring into the East Coast, boosting gasoline supplies to a record.

Mark Shenk | Bloomberg News
July 5, 2016
Business, Fuel

Gasoline Demand Zooms to Record as Prices at Pump Plummet

Luke Sharrett/Bloomberg News

U.S. drivers are burning gasoline at a record pace this summer as they take advantage of the lowest prices at the pump in more than a decade.

Laura Blewitt and Rachel Adams-Heard
June 23, 2016