fuel News Updates

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
FuelBusiness

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
BusinessFuel

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
Fuel

‘Hot Fuel’ Cases Move Toward Final Settlement

A federal court has scheduled a June 9 hearing to give potential final approval for a series of lawsuits in a long-running “hot fuel†case, after giving preliminary approval to settlements with 28 oil and fuel retailers.

January 29, 2015
Fuel

Diesel Falls Again to Close Year at $3.213

The average price of U.S. retail diesel fell 6.8 cents a gallon for the final week of the year to $3.213, the U.S. Department of Energy said Dec. 29.

December 29, 2014
Fuel

Diesel Average Drops 11.6¢ To Lowest Since Jan. 2011

The U.S. retail diesel average continued its downward push last week, plummeting 11.6 cents a gallon to $3.419, the lowest since January 2011, the Department of Energy reported.

December 22, 2014
Fuel

Oil Rout Puts $24 Billion of Truck Fuel Savings in Play

As shippers of everything from toys to tools enjoy as much as $24 billion in savings from lower diesel surcharges next year, trucking companies see an opening to raise freight rates at a pace not seen in about a decade.

December 11, 2014
GovernmentFuelBusiness

Rep. Petri Supports Bill That Would Raise Fuel Taxes

Tom Petri (R-Wis.), the outgoing chairman of the subcommittee on highways, said he will become a co-sponsor of a bill that would increase federal fuel taxes to support the nation’s transportation system.

December 2, 2014
Fuel

Fleets Deploy Fuel-Saving Technologies Designed to Curb Wasted Miles, Time

Maximizing fuel economy requires a lot more than a light touch on the accelerator pedal; it demands scrutiny of every mile and every moment that a truck is on the road. And factory-installed technologies and those installed on trucks from the aftermarket can help fleets do just that, executives and managers said.

December 1, 2014
Fuel

Diesel Average Falls 3.3¢ to $3.628

The U.S. retail diesel average fell 3.3 cents to $3.628 a gallon last week as the Midwest continued to recover from a brief price spike in November, the Department of Energy reported.

December 1, 2014