Category: Diesel and Lumber

Diesel, Lumber, And Staffing News – November 14, 2018

        National Average Diesel Price Per Gallon: $3.32 The crude oil market has flipped. During past weeks, investors worried about high prices due to shortages of U.S. oil and the possibility of shrinking imports from Iran. But now, analysts are expecting supply to outstrip demand. The reason? Slowing consumption and expectations that …

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Diesel, Lumber, And Staffing News – November 6, 2018

        National Average Diesel Price Per Gallon: $3.34 Since October 30, BP, Chevron, and Exxon Mobil have all seen jumps in earnings as well as profits that beat quarterly expectations. “Our strong financial results reflect higher production and crude oil prices,” said Chevron Chairperson and CEO Michael Wirth. And according to Chevron …

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Diesel, Lumber, And Staffing News – October 23, 2018

        National Average Diesel Price Per Gallon: $3.38 Last week, oil market analysts expressed concerns that possible sanctions against Saudi Arabia could cause the price per barrel to skyrocket. This week, however, U.S. crude futures fell 11% to a five-week low. According to Matt Smith, director of commodity research at ClipperData, the price …

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Diesel, Lumber, And Staffing News – October 16, 2018

        National Average Diesel Price Per Gallon: $3.39 The disappearance of Saudi journalist Jamal Khashoggi has raised the possibility of sanctions against Saudi Arabia. President Trump has said that there will be “severe punishment” for Saudi Arabia if Khashoggi was killed in the kingdom’s consulate. And Saudi Arabia has already said it will …

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Diesel, Lumber, And Staffing News – September 18, 2018

        National Average Diesel Price Per Gallon: $3.27 Global oil supply hit a record high in August. Supply topped out at 100 million barrels per day despite falling production in Venezuela and Iran, two of the world’s top oil producers. Higher output from countries like Nigeria, Saudi Arabia, Libya, and Iraq made up …

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