The nationwide average price of diesel fuel increased by about half a penny, the U.S. Energy Information Administration reported May 26, ending a string of 19 consecutive weekly price decreases in 2020. The price of diesel rose 0.4 cent to $2.390 a gallon from $ 2.386 the previous week. Trucking’s main fuel costs 76.1 cents […]
The nationwide average price of diesel fuel increased by about half a penny, the U.S. Energy Information Administration reported May 26, ending a string of 19 consecutive weekly price decreases in 2020. The price of diesel rose 0.4 cent to $2.390 a gallon from $ 2.386 the previous week. Trucking’s main fuel costs 76.1 cents […]
Oil fell in a day of wild price swings as investors weighed supply-and-demand fundamentals against Saudi Arabia’s global price hike. Futures in New York dropped 1.8% May 7. State-run Saudi Aramco raised prices on almost all grades for June, sending futures surging. But the market remains glutted after the kingdom exported record amounts of crude […]
The nationwide average price of diesel fuel continued its fall this past week, declining 4.3 cents per gallon, the U.S. Energy Information Administration reported April 27. The EIA said the price of diesel now stands at $2.437 a gallon, 73.2 cents a gallon less than a year ago.
The price of oil dropped to its lowest level in history April 20, sinking into negative pricing as oil supplies are beginning to overwhelm the globe’s storage capacity.
Most Americans closed out the first week in March fretting about the onset of COVID19 – the illness caused by the new version of coronavirus that merged in China late last year – and the resulting stock market crash it triggered as multiple U.S. states reported cases of the virus.
Federal policy is reducing demand for ethanol which will ultimately hurt farmers, said Jeff Zueger, CEO of Midwest AgEnergy, which owns and operates Dakota Spirit AgEnergy. “It is an industry-wide problem that can affect the local farmer,” Zueger said. “It is becoming more and more of a problem.” Dakota Spirit AgEnergy is an ethanol plant […]
The company has applied to patent the technology, which has been tested at pilot scale. The German group said if it can successfully implement the process at industrial scale, the entire production route from synthesis gas (syngas) to pure methanol will no longer release CO2.
A consortium led by private-equity giant Carlyle Group LP agreed Tuesday to buy the specialty chemicals business of Dutch paints giant Akzo Nobel NV for €10.1 billion ($12.6 billion) including debt, as competition among cash-rich buyout firms for bigger deals heats up.
Representatives from the Global Plastics Alliance (GPA) – which currently includes participation from 19 countries – met in Penang, Malaysia from December 13-15 to accelerate and advance The Declaration of the Global Plastics Associations for Solutions on Marine Litter, also known as the “Joint Declaration.” At the meeting – hosted by the Malaysian Plastic Manufacturers […]
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