fuel News Updates

BusinessFuelLogistics

Icy Rivers Slow New York Barges Trying to Deliver Heating Fuel

Shivering New Yorkers may have to pay more to get warm as ice in the Hudson River delayed fuel-barge deliveries and the U.S. government warned of a home heating-fuel shortage from the East Coast to Texas.

January 2, 2018
Fuel

Diesel Rises 1.4¢ to $2.926 a Gallon as Oil Climbs

The U.S. average retail price of diesel jumped 1.4 cents to $2.926 a gallon as oil rose above $58 a barrel.

November 27, 2017
BusinessTechnologyEquipment

Fuel Cells Gain Momentum as Range Extenders for Electric Trucks

When Nikola Motor Co. President Trevor Milton pulled the wraps off the Nikola One prototype Class 8 truck last year and announced it would have a hydrogen fuel-cell power plant, it seemed a radical approach at the time.

November 27, 2017
GovernmentBusinessFuel

Diesel Dips 0.3¢ to $2.912 a Gallon as Oil Slips

The U.S. average retail price of diesel dipped 0.3 cent to $2.912 a gallon, marking its first decline in more than a month, the Department of Energy reported Nov. 20.

November 20, 2017
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
GovernmentBusinessFuel

Trump’s Economic Adviser Floats Idea of Gas Tax Hike for Infrastructure

President Donald Trump’s chief economic adviser raised the possibility of increasing the federal gasoline tax next year to help pay for the administration’s $1 trillion infrastructure plan, U.S. Representative Tom Reed said.

October 25, 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
Fuel

Diesel Climbs 1.1¢ to $2.787

The U.S. average retail price of diesel rose 1.1 cents to $2.787 a gallon as oil prices increased along with Middle East tensions when opposing forces in Iraq clashed over control of the city of Kirkuk and nearby oil fields.

October 16, 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

Diesel Dips 0.3 Cent to $2.788 a Gallon

The U.S. average retail diesel price fell 0.3 cent a gallon to $2.788, the Department of Energy reported Sept. 25.

September 25, 2017