fuel News Updates

GovernmentBusinessFuel

Details of Plan to Raise Truck Fuel Economy Remain to Be Spelled Out, Observers Say

WASHINGTON — A week after President Obama announced that the federal government would be crafting the first-ever fuel economy standards for large trucks, observers said it was still unclear exactly what those standards would entail.

May 31, 2010
FuelBusiness

Groups Urge Senators to Reconsider Plan to Use Fuel Fees for Nontransport Needs

More than two dozen transportation advocacy groups have asked the drafters of a Senate energy and climate bill to reconsider their legislation to allocate new revenue from transportation-based motor fuel fees to “activities entirely unrelated to improving the nation’s transportation infrastructure.â€

May 24, 2010
Fuel

Fuel Standard Should Weigh Freight Efficiency, NAS Says

A federal fuel standard for heavy trucks should take into account freight efficiency rather than simply setting a miles-per-gallon standard, as the government does for passenger cars and light trucks, the National Academy of Sciences said last week.

April 5, 2010
Fuel

Import Prices Rise in January

The price of goods imported to the United States increased in January on fuel, food and metal costs, the Labor Department said Friday.

February 17, 2010
GovernmentBusinessTechnologyFuel

Crude Oil Closes Higher but Falls Almost $5 for Week

Crude oil prices tracked upward 76 cents Friday to close at $56.35 a barrel, Bloomberg reported, and the price tumbled almost $5 for the week and hit a one-year low closing price on Thursday.

January 5, 2007
GovernmentBusinessFuelLogistics

Diesel Price Declines 1.6¢ to $2.58 a Gallon

The national average retail price of diesel fuel fell 1.6 cents to $2.58 a gallon, the Department of Energy said Tuesday.

January 3, 2007