Skip to content

Shell CEO Expects Natural Gas Prices to Rise

Shell’s chief executive told The Financial Times the company expects natural gas prices in the U.S., which are currently at 10-year lows, to double by 2015.

In an interview, chief executive Peter Voser said Shell is using a price of $4 to $6 per million Btu for 2014-2015, up from the current $2.55.

The price increase will be driven by increased demand, “as coal is replaced by gas in electricity generation, and gas in transportation takes off.”

Shell is also looking into turning U.S. natural gas into diesel. The Wall Street Journal recently reported that Shell is considering building a plant in Louisiana similar to an existing gas-to-liquids facility in Qatar.

Read the entire FT article here.

Printer Friendly Version

Email This Story

RSS
Bookmark and Share

Fuel and Oil: Related News

5/18/2012 – Freightliner, Westport Schedule Cross-Country Trips to Prove Viability of CNG
Freightliner Trucks and Westport Innovations have scheduled cross-country trips in compressed natural gas-powered trucks to prove the availability of the fuel out on the road. …
More

5/18/2012 – Shell CEO Expects Natural Gas Prices to Rise
Shell’s chief executive told The Financial Times the company expects natural gas prices in the U.S., which are currently at 10-year lows, to double by 2015.

In an interview, chief executive Peter Voser said Shell is using a price of $4 to $6 per million Btu for 2014-2015, up from the current $2.55….
More

5/16/2012 – Alternative Fuels Mean Energy Independence, Say ACT Expo Speakers
Suppliers of alternative fuels and the equipment that burns them must cooperate to move America toward energy self-sufficiency and economic growth, says retired U.S. Army Gen. Wesley Clark,…
More

5/15/2012 – Fuel Prices Keep Falling, Greek Economy Affects Oil Prices
Diesel and gasoline prices dropped for the fifth straight week, but oil prices continue to fall due to concerns over Europe, particularly Greece’s economy.

Diesel fuel prices dropped by by an average of 5.3 cents to $4.004 a gallon, according the the Energy Information Administration’s weekly fuel upsate. This is the lowest the average price of diesel has been since late February. …
More

5/10/2012 – Honeywell Green Diesel to be Produced From Bio Feedstocks in U.S. Facility

UOP LLC, a Honeywell company, is licensing technology to Emerald Biofuels to produce Honeywell Green Diesel at a facility in Louisiana….
More

5/9/2012 – Government Lowers Diesel Price Estimates for 2012
The Department of Energy expects that on-highway diesel fuel retail prices, which averaged $3.84 per gallon in 2011, will average $4.06 per gallon in 2012, which is 9 cents per gallon lower than in last month’s outlook….
More

5/8/2012 – Oregon Adds Two New Electric Charging Stations
Two additional electric vehicle charging stations are now open in Oregon’s Willamette Valley along Interstate 5, extending the West Coast Electric Highway for EV owners. The new stations are located at the Pioneer Villa Truck Plaza in Halsey and at the Gateway Marketplace in Springfield….
More

5/8/2012 – Diesel and Gas Prices Down, Oil Hits 2012 Low
Gasoline and diesel fuel prices dropped for the fourth straight week, and the price of oil hit its lowest point this year due to more concerns over the state of Europe’s economy….
More

5/7/2012 – Natural Gas Support a Mixed Bag, Study Says

Natural gas in the trucking industry has a high level of awareness, but carriers still recognize obstacles, says a new study from PLS Logistics Services….
More

5/4/2012 – DEF Prices Steady in March/April, Will Increase In May
The average U.S. diesel exhaust fluid pump price remained at $2.74 per gallon between March and April 2012, after declining by 1 cent between February and March, according to discoverDEF.com….
More

5/1/2012 – Diesel Drops for Third Straight Week, Oil Falls Due to Europe Concerns
Gasoline and diesel fuel prices dropped again this week, according to the Energy Information Administration’s weekly fuel update. Oil prices fell because of continuing concerns over Europe’s economy.

The average U.S. diesel price fallen for the third straight week. This week, prices dropped by an average of 1.2 cents to $4.073 a gallon. In the past three weeks, the per-gallon price of diesel fuel has dropped a total of 6.3 cents. All regions experienced decreases this week except California, for which prices increased by an average of 1.2 cents….
More

4/27/2012 – Costco “Hot Fuel” Settlement Approved
In an approved settlement for a lawsuit over hot fuel, Costco Wholesale Corp. has agreed to convert gasoline pumps in some states during the next five years to automatically compensate for expansion in fuel due to changing temperatures, reports the Kansas City Business Journal….
More

4/26/2012 – “California-Only” Diesel Will Come at High Cost for State, Study Says
Significant job losses will be directly attributable to California Air Resources Board’s fuel policies, says a new study by the California Trucking Association. Goods movement and agriculture sectors will be especially hard hit if the policies are allowed to go into effect as currently designed….
More

4/25/2012 – Canadian Agency Says Fleets Could Save With Natural Gas
Despite the higher upfront costs for engines that run natural gas, The Conference Board of Canada says that converting fleets to natural gas could produce savings of approximately $150,000 per truck over a 10-year period….
More

4/25/2012 – $20 Million Available for Clean Diesel Projects
The U.S. Environmental Protection Agency announced the availability of up to $20 million in FY 2012 grant funding to establish clean diesel projects aimed at improving air quality and Americans’ health….
More

4/24/2012 – Waste Management Dedicates Illinois’ Largest CNG Fueling Facility

Waste Management of Illinois has dedicated the state’s largest commercial compressed natural gas fueling facility in Stickney, Ill….
More

4/24/2012 – Three Midwest Truckstops Join Idle-Reduction Plug-In Power Network

Truckers traveling through Nebraska and Iowa now have three more locations at which they can plug in to grid power instead of idling their engines to run in-cab comfort and convenience appliances….
More

4/24/2012 – Diesel, Gas Prices Drop; Concerns About Europe Drive Oil Prices Lower
Gasoline and diesel fuel prices fell again this week after modest decreases last week, according to the Energy Information Administration’s weekly fuel update. Concerns over Europe’s economy drove oil prices down this week after reports that government debts keep rising….
More

4/20/2012 – Three More Companies Settle in ‘Hot Fuel’ Suits

Three companies, Walmart (and its Sam’s Club subsidiary), Valero Energy Corp. and Casey’s General Stores have joined the ranks of businesses settling “hot fuel” lawsuits, reports the Kansas City Star….
More

4/19/2012 – Clean Energy Partners with Waste Pro USA for New CNG Station

Clean Energy Fuels Corp. has contracted with major Southeast U.S. solid waste collection, recycling and disposal company Waste Pro USA to build, operate and maintain a new compressed natural gas fueling station on Waste Pro property in Fort Pierce, Fla….
More

4/18/2012 – President Calls for Measures to Address Oil Speculation
President Barack Obama proposed new measures Tuesday to address oil market manipulation, calling on lawmakers to increase penalties on those involved in manipulative practices and for increased funding for the agency that’s supposed to police the markets….
More

4/17/2012 – Diesel Drops the Most Since 2011, Oil Prices Fall After Iran Meeting

This week, fleet operators will get some relief as diesel and gas prices drop. Oil prices also fell this week due to easing tensions over Iran….
More

4/16/2012 – Industry Stays Focused on Efficiency as Fuel Costs Rise

With fuel costs rising and a driver shortage creeping up, fleets are still doing all they can to get the most miles out of their trucks, say truckstop executives….
More

4/11/2012 – Diesel to Average $4.21 This Summer; Crude to Average $112
Diesel fuel prices, which averaged $3.94 per gallon last summer, are projected to average $4.21 per gallon this summer, according to the Energy Information Administration’s Short-Term Outlook….
More

4/10/2012 – Love’s Says Bulk DEF Rollout Hits Halfway Point
Love’s Travel Stops is now offering bulk DEF at more than half of its travel stop locations across the country and says it’s on track to have bulk DEF available at all travel stops by the end of the year….
More

4/10/2012 – Diesel Back on the Rise, Oil at Seven-week Low

Last week’s diesel price decrease was short-lived as the average price rose by 0.6 cents per gallon this week to $4.148 per gallon, while the price of gasoline stayed nearly the same. However, crude-oil futures ended at a seven-week low Monday….
More

4/9/2012 – Three Major Oil Companies Settle in “Hot Fuel” Lawsuit
BP Products North America Inc., ConocoPhillips Co. and Shell Oil Products US have agreed to settle lawsuits accusing the oil companies of profiting from “hot fuel,” gasoline or diesel fuel for which price has not been adjusted for temperature….
More

4/4/2012 – DEF Pump Price Continues Downward Trend
The average U.S. diesel exhaust fluid pump price fell by 1 cent to $2.74 per gallon between February and March 2012. This continued a marginal downward trend, which has seen the price drop 2 cents since December 2011….
More

4/3/2012 – Illinois Plans Nation’s Largest Electric Vehicle Fast-Charging Network
Illinois Governor Pat Quinn and representatives from the Illinois Tollway, 350Green LLC and 7-Eleven Inc. announced plans to create the nation’s largest network of fast-charging electric vehicle stations….
More

4/3/2012 – Diesel Prices Fall, Rising Oil Prices Spark Talk of Opening SPR
The average price of diesel dropped by half a cent this week to $4.142 per gallon, ending a nine-week trend of price increases. Despite the decline, the price of diesel is still an average of 16.6 cents higher than this time last year, according to the Energy Information Administration’s weekly fuel update….
More

4/3/2012 – EPA to Allow 15% Ethanol Fuel in Gasoline
The U.S. Environmental Protection Agency approved the first applications for registration of ethanol for use in making gasoline that contains up to 15% ethanol – known as E15….
More

4/2/2012 – Alaska, Producers Reach Agreement on Point Thomson Natural Gas
Alaska Gov. Sean Parnell and a group of gas producers have reached an agreement to begin commercializing North Slope natural gas resources within the Alaska Gasline Inducement Act. …
More

3/29/2012 – Irving Oil Offers First DEF Pump in Northern New England
Irving Oil‘s travel plaza in Kittery, Maine is now equipped with a diesel exhaust fluid pump, making it the most northern DEF pump dispenser in New England….
More

3/28/2012 – Diesel Sees Slight Increase, Oil Ends Modestly Higher
Average diesel prices went up just a hair this week, according to the Energy Information Administration’s weekly fuel update. The half-cent increase took the average price to $4.147 per gallon….
More

3/22/2012 – January-February Biodiesel Volume Slips from Late 2011 Growth
The U.S. biodiesel industry produced 135 million gallons of fuel in the first two months of 2012, according to new numbers released by the EPA Wednesday….
More

3/20/2012 – Diesel Reaches Highest Price Since Summer 2008
The average diesel price spiked 1.9 cents this week to $4.142 a gallon, its highest price since the summer of 2008, according to the Energy Information Administration’s weekly fuel update….
More

3/16/2012 – U.S. Fuel Exports to Double by 2015
U.S. exports of gasoline, diesel and other fuels will more than double in the next three years as refiners take advantage of a growing supply of domestic crudes and ship more fuel to emerging markets, according to UK research firm Wood Mackenzie….
More

3/14/2012 – Louisiana Plant Turns Animal Fat Into Fuel
A high-fat diet might not be good for humans, but it could be great for trucks, trains, planes and cars. …
More

3/13/2012 – White House Report Shows Drop in Oil Imports
The White House released a one-year American energy progress report showing that the U.S. has reduced dependence on foreign oil by more than 2 million barrels per day. …
More

3/13/2012 – Dart Launches CNG Dedicated Service
Dart Transit launched a small fleet of CNG-powered tractors dedicated to Andersen Window Corp.
More

3/13/2012 – Fuel Prices Rise Yet Again, Oil Prices Fall
The national average price for diesel is up yet again this week by almost 3 cents, from $4.094 to $4.123 per gallon, according to the Energy Information Administration’s weekly fuel update. This is the seventh week in a row that prices have risen. …
More

3/12/2012 – Diesel Exhaust Found to be ‘Negligible’ Contributor to One Type of Pollution
Contrary to what the scientific community expected, the exhaust fumes from gasoline vehicles are a bigger polluter than diesel exhaust when it comes to a specific type of pollution, according to a new study….
More

3/8/2012 – PeopleNet, Vusion Offer Fuel Theft Detection
PeopleNet is getting ready to offer a fuel-theft detection solution with the help of sister company, data analytics provider Vusion….
More

3/8/2012 – GE, Chesapeake to Collaborate to Speed Adoption of Natural Gas
GE and Chesapeake Energy Corp. announced they will collaborate to accelerate the adoption of natural gas as a transportation fuel….
More

3/7/2012 – DEF Prices Increase for Bulk Deliveries
Diesel exhaust fluid prices for tote refills and other bulk deliveries increased between January and February 2011, as suppliers reacted to increasing raw material costs, reports
DEF Tracker….
More

3/7/2012 – EIA: Crude Price to Average $11 Higher Than Last Year
In its Short-Term Energy Outlook, the U.S. Energy Information Administration says it expects the price of West Texas Intermediate crude oil to average about $106 per barrel in 2012, $5 per barrel higher than in its previous outlook and $11 per barrel higher than the average price last year….
More

3/6/2012 – U.S. Diesel at Highest Price in More Than a Year
Diesel is up again this week with a 4-cent increase to $4.094 per gallon from $4.051 per gallon, according to the Energy Information Administration’s gas and diesel fuel update….
More

3/1/2012 – CARB Highlights Innovations in Clean Diesel Technology
Diesel industry and California Air Resources Board officials held a press conference to highlight the key policies and events that led to the transformation of clean diesel technology over the past two-plus decades….
More

3/1/2012 – Refinery Closures Could Affect Northeast Diesel Supplies, Prices
Supplies of ultra-low-sulfur diesel fuel in the Northeast could be greatly impacted if Sunoco Inc. follows through with plans to shut down its Philidelphia refinery in July if no buyer is found….
More

2/28/2012 – Diesel Spikes to More Than $4, Crude Prices Moderate
The average U.S. diesel price is up to $4.051 after a spike of 9 cents, and gas prices increased an average of 13 cents, reports the Energy Information Administration in its weekly Gas and Fuel Update….
More

2/24/2012 – EPA Certifies Daimler’s Vehicle Lineup as GHG14 Compliant
The Environmental Protection Agency has certified Daimler Trucks North America‘s complete portfolio of model year 2013 on-highway, vocational and medium-duty vehicles as fully compliant with the new greenhouse gas 2014 regulations. …
More

2/23/2012 – Pilot Flying J To Acquire Western Petroleum
Pilot Flying J will acquire Western Petroleum, which has operations largely targeted toward the Rocky Mountain states, the southern states and the northern plains….
More

2/22/2012 – 3M, Chesapeake Energy Partner to Create CNG Tank Technology
3M and Chesapeake Energy Corp. will collaborate in designing, manufacturing and marketing a broad portfolio of compressed natural gas tanks for use in all sectors of the U.S. transportation market, starting with commercial vehicles….
More

2/22/2012 – Diesel and Gas Prices Rise, Worries About Greece and Iran Drive up Oil Prices
The average U.S. diesel price is up by 1.7 cents this week to an 11-week high of $3.96 per gallon from $3.943 last week, reports the U.S. Energy Information Administration in its weekly fuel update, and crude oil prices are the highest in in nine months….
More

2/17/2012 – Love’s Travel Stop Opens in Seguin, Texas
Love’s Travel Stops opened its first new travel stop of 2012 in Seguin, Texas, at Interstate 10, Exit 604….
More

2/17/2012 – Central Freight Lines To Test Peterbilt CNG Tractors
Central Freight Lines, a less-than-truckload for-hire common carrier, will test 15 new compressed natural gas tractors under a grant from the Houston-Galveston Area Council….
More

2/15/2012 – Comdata Installs 500th Point-Of-Sale System
Comdata Corp. installed its 500th Smart Solutions point-of-sale system at a QuikTrip location in Adairsville, Ga….
More

2/14/2012 – Diesel Prices Spike 9 Cents, Oil Prices Highest in 5 Weeks
U.S. diesel prices are up by almost 9 cents per gallon this week, to $3.943 from $3.856. This is the biggest weekly increase since mid-November, according to numbers from the Energy Information Administration’s gas and diesel fuel update….
More

2/13/2012 – Clean Energy Opens LNG Fueling Station in Seville, Ohio
A new liquefied natural gas fueling station built, owned and operated by Clean Energy Fuels Corp., has opened in Seville, Ohio. The station will support the expanding fleet of LNG trucks deployed by Dillon Transport serving Owens Corning and is also available for public access….
More

2/10/2012 – MIT Study Finds Electric Trucks Can Save Businesses Money
Using electric trucks can considerably reduce costs for fleets, say researchers at the Massachusetts Institute of Technology.

MIT News reported that the study, conducted at MIT’s Center for Transportation and Logistics, found that electric vehicles can cost 9% to 12% less to operate than diesel-powered trucks when used to make deliveries on a daily basis in large cities….
More

2/9/2012 – Florida’s Capital Begins Construction for Natural Gas Fueling Station Project
Construction kicked off in Florida’s capital city on the first of a network of natural gas fueling stations….
More

2/8/2012 – TravelCenters of America Adds DEF Dispensers at More Than 60 Locations
TravelCenters of America completed the installation of bulk diesel exhaust fluid dispensers at 62 of its TA and Petro Stopping Center locations….
More

2/8/2012 – DOE Predicts 2012 Will See Highest Oil Prices Since ’08
The U.S. Energy Information Administration expects the price of West Texas Intermediate crude oil to average about $100 per barrel in 2012, almost $6 per barrel higher than the average price last year….
More

2/8/2012 – U.S. DEF pump price drops
The average pump price for diesel exhaust fluid in the U.S. fell by a penny to $2.75 a gallon from December to January, discoverdef.com reported….
More

2/8/2012 – Clean Energy Contracts with Green Energy Oilfield Services to Build LNG Station for Texas Tanker Fleet

Clean Energy Fuels Corp. signed a 10-year agreement with Texas transport provider Green Energy Oilfield Services to build, supply and maintain a new liquefied natural gas fueling station at Green Energy headquarters in Fairfield, Texas. …
More

2/8/2012 – Hino Trucks Honored at National Biodiesel Conference
Hino Trucks was recognized by the National Biodiesel Board with the 2012 “Eye on Biodiesel Impact Award” during a ceremony at the National Biodiesel Conference in Orlando, Fla….
More

2/7/2012 – Diesel and Gas Prices Continue to Creep Up, Oil Prices fall
U.S. diesel prices are up again this week by less than a tenth of a cent to $3.856, while the nation’s gas prices are up by a little more than 4 cents to $3.482, according to the U.S. Department of Energy’s weekly report….
More

2/2/2012 – Natural Gas Gets Big Boost in Deal by Navistar, Clean Fuels and T. Boone Pickens
Natural gas will become a more popular fuel for commercial trucks if Navistar International and Clean Fuels Corp. can help it, and they intend to.

T. Boone Pickens, the oilman-turned-gas promoter whose BP Capital owns Clean Fuels, joined Navistar executives to announce a deal yesterday morning at the truck builder’s new headquarters in Lisle, Ill….
More

1/31/2012 – Odyne Systems Delivers Seven Hybrid System Work Trucks Throughout Wisconsin
Hybrid system maker Odyne Systems LLC has delivered seven trucks featuring the Odyne advanced plug-in hybrid propulsion system to utilities and municipalities in Wisconsin….
More

1/31/2012 – Diesel and Gas prices Rise, Oil Falls
This week, U.S. diesel prices increased by less than a tenth of a cent to $3.850 from $3.848. However, the Midwest, Rocky Mountain and West Coast regions all saw very slight price decreases….
More

1/30/2012 – Biodiesel Production Breaks 1 Billion Gallon Mark in 2011


The U.S. biodiesel industry produced more than 1 billion gallons of fuel in 2011, a key milestone….
More

1/27/2012 – President Obama Talks Alternative Fuel in Las Vegas
On Thursday, President Obama visited a UPS facility in Las Vegas to pitch a plan to boost the nations’ use of natural gas….
More

1/26/2012 – HyperSolar to Make Zero Carbon Renewable Hydrogen Gas
HyperSolar Inc. announced that its proprietary process can produce zero carbon, renewable hydrogen gas using the power of the sun and wastewater….
More

1/24/2012 – Diesel and Gas Prices Drop For First Time in Three Weeks
For the first time in three weeks, average U.S. diesel and gas prices dropped, but only by less than a tenth of a cent for each. The current averages for diesel and gas are $3.848 and $3.389, respectively, down from last week’s $3.854 and $3.391….
More

1/24/2012 – DOE Projects Reduced Reliance on Foreign Oil
In an annual outlook, the U.S. Department of Energy says increased oil, natural gas and renewable energy production and energy efficiency improvements will reduce U.S. reliance on imported oil and other energy sources….
More

1/23/2012 – Exporting Natural Gas Could Mean Higher Prices
There’s been a lot of interest in natural gas as an alternative fuel for some types of trucking, largely because of its attractive price compared to diesel. But a study released by the U.S. Department of Energy says if natural gas exports continue to increase, it could cause prices here in the U.S. to rise by between 36% and 54% by 2018….
More

1/18/2012 – I-5 Through California, Oregon and Washington To Become Shorepower Corridor
This year, Interstate 5 through California, Oregon and Washington, will become the first Shorepower corridor, with six additional locations offering the anti-idling technology….
More

1/18/2012 – Diesel and Gas See Slight Gains, Crude Prices Rise 2%
U.S. diesel prices are up slightly from last week at less than 3 cents more per gallon, to $3.854….
More

1/16/2012 – Clean Energy Unveils Backbone Network for Natural Gas Highway
Clean Energy Fuels Corp. unveiled the route plan for the first phase of 150 new LNG fueling stations along what it’s calling “America’s Natural Gas Highway.”…
More

1/11/2012 – Study Says Propane GAS Act Could Create 42,000 New Jobs and $29 Million in Economic Gain
Findings of an independent analysis by ICF International say that the passing of the legislation for the Propane Green Autogas Solutions (GAS) Act of 2011 (H.R. 2014 and S. 1120) would create a significant increase in jobs and a substantial economic boom for the U.S….
More

1/11/2012 – Ryder signs Source Interlink to Flex-to-Green lease agreement
Ryder System Inc. has signed its first Flex-to-Green lease agreement…
More

1/10/2012 – Diesel Up for the First Time in Seven Weeks, Oil Fades
The price of diesel fuel is up this week for the first time in nearly a month, rising 4.5 cents from last week to $3.828. New York crude continued its three-day slide, losing 25 cents a barrel on Monday….
More

1/9/2012 – Clean Energy Accelerates Fueling Station Completions in 2011
Clean Energy significantly increased its fueling station project completions during 2011 to help support the growing demand for natural gas vehicle fueling….
More

1/5/2012 – Investors Support Clean Energy Fuels With $150 Million Investment
Clean Energy Fuels Corp. has acquired $150 million from a group of investors, one of which is T. Boone Pickens, a founder of the company….
More

1/4/2012 – Gas, Oil Prices Start 2012 on an Upswing
Diesel prices are down as far as the national average, but are up in some regions of the country, and gasoline and crude oil prices both rose Tuesday….
More

1/3/2012 – Gas, Diesel, Jet Fuel are Top U.S. Exports
America is on pace this year to ship more gasoline, diesel, and jet fuel than any other single export, according to U.S. Census data going back to 1990. A decade ago, fuel wasn’t even among the top 25 exports….
More

12/28/2011 – Diesel Drops 4 Cents a Gallon, Gasoline and Crude Oil each Gain
In its fifth straight weekly decline, diesel prices dropped 3.7 cents this week in the Department of Energy’s weekly price survey….
More

12/28/2011 – Study: Refinery Closures Will Drive Fuel Prices Up
A study released on Friday by the U.S. Energy Information Administration suggests gasoline prices could spike and ultra-low sulfur diesel supplies could be compromised by the potential closure of three Delaware Valley refineries….
More

12/20/2011 – Diesel Down Nearly 7 Cents to Lowest Price in Two Months
The national average price for a gallon of diesel fuel has dropped 6.6 cents over the past week, according to the Department of Energy….
More

12/20/2011 – New Oil Category in the Works for Next Round of Engine Technology
To help meet the federal government’s new fuel economy regulations for heavy trucks, engine makers are looking to improved engine oils, including lower-viscosity oils that can perform under more demanding conditions.

Earlier this month, a team was formed by the American Petroleum Institute to develop a new API oil-service category, to replace the current CJ-4. And for the first time, there will be two subcategories to deal with the issue of backward compatibility….
More

12/13/2011 – Fuel, Oil Prices Fall Again
The national average price of a gallon of diesel dropped nearly 4 cents this week to $3.894, falling for the third week in a row, according to weekly figures from the U.S. Department of Energy….
More

12/13/2011 – NGV Global Recommends RFID Verification for CNG Refuelling
The recommendations follow more than 12 months of study on the subject and are outlined in a 66 page Position Paper released by the association last week….
More

12/9/2011 – North Dakota Refinery to Increase Diesel Production
Tesoro Corp. says it will increase diesel production at its Mandan North Dakota refinery to 22,000 barrels a day….
More

12/8/2011 – EIA’s Short-Term Energy Outlook says Diesel Steady Through 2012
Diesel fuel should hold pretty close to $3.85 per gallon for 2011 and 2012, according to the Department of Energy’s Energy Information Administration….
More

12/7/2011 – ExxonMobil CEO: World Energy Demand Growth is Cause for Economic Optimism
Future growth in world energy demand is a cause for optimism because it will signal economic recovery and progress, Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, said today….
More

12/6/2011 – Average U.S. DEF Pump Price Reaches $2.73 in November
Emissions analyst Integer Research published the national average price for DEF in the first edition of its new Diesel Exhaust Fluid pricing service, DEF Tracker….
More

12/6/2011 – Diesel Declines, Oil Stalls on SP Warning about European Credit Ratings
National average diesel prices dipped 3.3 cents over the past week, according to the Department of Energy. It’s weekly price survey for the week of Dec. 5 shows diesel sitting at $3.931 per gallon….
More

11/29/2011 – Biodiesel Industry Sets Production Record
The U.S. biodiesel industry has set a new annual production record, producing more than 802 million gallons of biodiesel in plants from Florida to Iowa to Washington state….
More

11/22/2011 – Diesel Climbs North of $4 as Oil Slips on Recurring Economic Worries
For the first time since May, the national average price of a gallon of diesel has topped the four-dollar mark….
More

Emil Estafanous, CPA, CFF, CGMA