fuel News Updates

Business, Fuel

Diesel Falls 4.9¢ to $2.235, Gas Rises Eight-Tenths to $2.034

The U.S. average retail diesel price fell for the seventh consecutive week and to the lowest point this year, down 4.9 cents a gallon to $2.235, the Department of Energy reported Dec. 28.

December 29, 2015
Business, Fuel

European Truck Fuel Efficiency Stalls as US Continues to Tighten Emissions Standards

Trucks in the European Union are no more fuel-efficient than they were more than a decade ago, according to a report released Dec. 3, as calls increase for emissions from heavy-duty vehicles to be regulated in the same way as cars.

December 4, 2015
Business, Fuel

Diesel Average Drops to Lowest Price Since June 2009

The U.S. average retail diesel price fell 3.7 cents a gallon to $2.445, its lowest point in nearly 6 1/2 years, the Department of Energy reported Nov. 23.

November 24, 2015
Government, Fuel, Business

Georgia Truck Association, Carriers Sue Over Local Fuel Sales Tax

The Georgia Motor Truck Association and three carriers have filed a class action lawsuit against the state Department of Revenue alleging that a new law allowing cities and counties to impose a 1% per-gallon fuel sales tax is unconstitutional.

September 22, 2015
Fuel

Diesel Drops 5.9¢ to $2.723; Lowest Price in Nearly Six Years

Diesel’s national average price tumbled to its lowest point in almost six years last week, falling 5.9 cents to $2.723 per gallon, according to a July 27 report from the Department of Energy. The last time diesel was lower than the current price was the week of Oct. 19, 2009, when it was $2.705.

August 3, 2015
Fuel

Diesel Average Drops 3.2¢ to $2.782 for Eighth Straight Weekly Decline

The U.S. diesel average fell for the eighth straight week, sliding 3.2 cents a gallon to $2.782, the Department of Energy reported July 20.

July 27, 2015
Government, Fuel, Business

GOP Congressman Proposes Fuel Tax Increase

Rep. Tom Rice (R-S.C.) introduced legislation that would raise federal fuel taxes by 10.1 cents per gallon, and index the new rate to inflation as a way to ensure the long-term solvency of the Highway Trust Fund.

July 9, 2015
Fuel

National Average Price of Diesel Falls for Sixth Week, Slipping 1.1¢ to $2.832

The national average price of diesel declined 1.1 cents to $2.832 per gallon, marking its sixth consecutive weekly decrease, the Department of Energy reported July 6.

July 6, 2015
Fuel, Business

Graves Urges Fuel-Tax Hike

WASHINGTON — American Trucking Associations President Bill Graves again told lawmakers that raising federal fuel taxes is the best approach for paying for infrastructure projects, a position congressional leaders charged with uncovering more funding reject.

June 22, 2015
Business, Fuel

Diesel’s National Average Price Rises 3.5¢ to $2.90 a Gallon

Diesel’s national average retail price continued its recent string of increases, gaining 3.5 cents to $2.90 a gallon, the highest level in five weeks, the Department of Energy reported.

February 24, 2015