fuel prices News Updates

Government, Business, Fuel

Trucking Sees Little Benefit to Diesel Tax Relief Plans

A move by states to soothe the sting of soaring fuel prices by temporarily suspending diesel fuel taxes has some unlikely opponents: truckers, the very people it’s supposed to help.

March 24, 2022
Business, Fuel, Logistics

Instacart Adds Fuel Surcharge to Offset High Gas Prices

Instacart Inc. is adding a fuel surcharge on grocery delivery orders, becoming the latest gig economy company to impose new fees on customers to ease drivers’ gas bills amid record-high prices.

March 18, 2022
Government, Business, Fuel

Energy Agency: 10 Steps to Save 2.7 Million Barrels of Oil a Day

BERLIN — The International Energy Agency says the world could quickly reduce global oil demand by 2.7 million barrels a day by cutting down on car and plane travel, helping easing the supply crunch caused by Russia’s invasion of Ukraine.

March 18, 2022
Government, Business, Fuel

Fuel Prices to Climb Higher as US Bans Russian Oil Imports

WASHINGTON — President Joe Biden announced March 8 the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine. But he acknowledged it will bring costs to Americans, particularly at the gas pump.

March 8, 2022
Government, Business, Fuel

California Pump Prices Hit Records

California, already paying record prices for motor fuel, is set to shell out even more with the Golden State more exposed to surging oil prices than the rest of the country in the wake of Russia’s invasion of Ukraine.

March 3, 2022
Government, Business, Fuel

Biden Team Seeks Ways to Address Rising Energy Prices

WASHINGTON — President Joe Biden’s administration is moving at home and abroad to try to address concerns about rising energy prices slowing the nation’s recovery from the pandemic-induced recession.

August 12, 2021
Government, Business, Fuel

Diesel Falls 7.4¢ to $2.659 per Gallon; Gasoline Plunges 12.8¢

The U.S. average retail price of diesel fell 7.4 cents to $2.659 per gallon, the Department of Energy reported March 23 as oil prices went lower.

March 23, 2020
Government, Business, Fuel

Diesel Declines 2¢ a Gallon to $2.89

The price of diesel fuel declined by 2 cents a gallon nationally Feb. 17, according to the U.S. Energy Information Administration.

February 18, 2020
Government, Business, Fuel

Average Diesel Price Falls 2.7¢ to $3.01 Per Gallon

The U.S. average retail price of diesel fell 2.7 cents to $3.01 a gallon, the Department of Energy reported Jan. 27.

January 27, 2020
Government, Business, Fuel

November US Consumer Prices Up 0.3% on Rising Energy Costs

WASHINGTON — Higher energy prices lifted U.S. overall consumer prices in November.

December 11, 2019