Diesel rose for the first time in three weeks, gaining 3.1 cents to $3.904 a gallon, the Department of Energy reported Jan. 27.
January 28, 2014Fuel
Comdata, Truck-Stop Chains Agree to Settle Antitrust Case for $130 Million
Fuel card provider Comdata Inc. and three major truck-stop chains have agreed to settle a class-action lawsuit alleging anticompetitive practices that resulted in higher processing fees for smaller truck stop businesses.
January 22, 2014Fuel
DOE: Fuel Prices Won’t Spike Despite Historic Cold Snap
U.S. retail diesel and gasoline prices edged up by less than a penny per gallon last week, and analysts said strong refinery production should prevent price spikes from the massive cold front that blanketed much of the country.
January 13, 2014Fuel
Comdata Acquires eFueling Technologies
Comdata Inc. said it has acquired fuel management firm eFueling Technologies. Terms were not disclosed.
January 6, 2014Fuel
Diesel Average Inches Up to $3.873
The U.S. diesel average rose 0.2 cent to $3.873 a gallon, the Department of Energy reported Dec. 23.
December 23, 2013Fuel
Gasoline Prices Trickle Down, Lundberg Reports
The average U.S. price for a gallon of regular-grade gasoline fell 1.7 cents over the past two weeks to $3.26, ending a four-week run of increases, according to a Dec. 22 Lundberg Survey Inc. report.
December 23, 2013Fuel
Diesel Dips Again, Down 0.8¢ to $3.871; Gas Drops 3¢
Diesel slid less than a penny for a second straight week, declining 0.8 cent to $3.871 a gallon, while gasoline fell 3 cents in its third straight drop, the Department of Energy reported Dec. 16.
December 17, 2013Fuel, Business
Lawmaker Proposes 15¢ Increase in Fuel Tax
WASHINGTON — An Oregon congressman has introduced legislation that would boost federal taxes on diesel and gasoline to fill a widening shortfall in the federal government’s main source of transportation funding.
December 9, 2013Fuel
FleetCor Announces Two Acquisitions
FleetCor Technologies Inc., a Norcross, Ga.-based provider of fuel cards and workforce payment systems, said it acquired NexTraq, a provider of fleet telematics services, from private equity firm Francisco Partners.
December 5, 2013Government, Fuel
Blumenauer Seeks 15-Cent Diesel Tax Increase
WASHINGTON — An Oregon congressman has introduced legislation that would nearly double federal taxes on diesel and gasoline to fill a widening shortfall in the federal government’s main source of transportation funding.
December 5, 2013