Oil price

Weekly Update

A Record High for Diesel


Published September 11, 2026

 

While almost no one drives diesel-fueled passenger vehicles in the U.S. every person in America is impacted by the rising price of diesel fuel.  Perhaps you have seen the recent news that diesel prices have hit an all-time high, rising to $6 per gallon.  This is extraordinary given that a year ago, diesel was under $4 per gallon. (more…)

Weekly Update

An Overview of Oil


Published July 7, 2017

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Since hitting $55 per barrel at the beginning of the year oil prices have steadily declined to a price around $45 now. This tumble below $50 marks a point where some newer wells might be unprofitable. Nevertheless, U.S. supply of oil has been surging higher for years now upsetting the decades-long dominance of OPEC oil nations and remaking the global oil market. (more…)