diesel News Updates

BusinessFuel

Diesel Climbs to Highest Price in More Than Two Years

The U.S. average retail price of diesel increased 2.2 cents to $2.819 a gallon — the highest price in more than two years — as oil prices rallied on speculation production cuts will continue into 2018 following a meeting of the Organization of Petroleum Exporting Countries in November.

October 30, 2017
BusinessFuel

Gasoline Demand Slips, Leaving Other Fuels to Pick Up Slack

America’s most popular fuel hasn’t been feeling the love. U.S. gasoline consumption dropped even as overall fuel demand posted an increase this year.

October 23, 2017
GovernmentFuelLogisticsTCA

California Republicans Spot Political Opportunity in Fight for Repeal of New Gas, Diesel Tax

Just weeks before it takes effect, California’s new gas tax increase is again under attack, with Republicans mounting a growing campaign against the higher levies.

October 9, 2017
BusinessFuel

Diesel Inches Up 0.4¢ to $2.792 a Gallon

The U.S. average retail price of diesel crept up 0.4 cent to $2.792 a gallon, and oil dropped closer to $50 a barrel.

October 2, 2017
BusinessFuel

As Harvey Rages in Texas, Diesel Starts to Climb

The U.S. average retail price of diesel rose 0.9 cent to $2.605 a gallon as Hurricane Harvey wound down to a tropical storm after it disrupted oil production platforms and fuel refineries along the Gulf Coast of Texas before inundating Houston.

August 28, 2017
BusinessEquipmentFuelLogistics

Growing Economy Boosts Fuel Demand to Decade High

A growing U.S. economy sparked a jump in fuel demand from companies and travelers in June, which may help to ease a persistent supply glut.

July 31, 2017
GovernmentBusinessTCA

‘Architect’ of Pilot Flying J Fuel Rebate Scam Strikes Deal to Plead, Cooperate

The man dubbed by the FBI as the architect of the diesel fuel rebate scam by executives of the nation’s largest truck stop chain has struck a deal to confess, court records show.

July 25, 2017
GovernmentFuel

South Carolina Begins Six-Stage Phase-In of 12-Cent Fuel Tax Increase

South Carolina on July 1 began a six-year trek that will raise taxes on gasoline and diesel fuel by 2 cents a gallon each July into 2022.

July 13, 2017
Fuel

Diesel Rises 0.9¢ for Second Consecutive Gain

The U.S. average retail price of diesel rose 0.9 cent to $2.481, while oil prices failed to reclaim ground after a sharp drop a week earlier.

July 10, 2017
BusinessFuel

Diesel Rises 0.7¢ to $2.472; Crude Prices Settle at About $45

The U.S. average retail price of diesel rose 0.7 cent to $2.472 as U.S. oil drilling declined and crude prices rebounded to clear $47 a barrel before retreating to about $45, experts said.

July 6, 2017