The U.S. average retail price of diesel inched down 1.4 cents to $3.380 a gallon as crude oil prices slipped amid growing U.S. inventories of crude.
October 22, 2018Fuel News
Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.
Diesel Slides 1.4¢ in First Decline Since Aug. 20
North Dakota Pipeline Company Gauges Interest in Expanding Oil Volume
BISMARCK, N.D. — The developer of the Dakota Access pipeline is gauging shippers’ interest in a possible expansion of the volume of crude oil moved through the pipeline from 500,000 barrels to 570,000 barrels per day, despite ongoing tribal efforts to shut the pipeline down.
October 22, 2018Sunoco Finalizes Deal for Brenco Marketing
Sunoco has completed its $24 million acquisition of Brenco Marketing Corp.’s fuel-distribution business.
October 22, 2018AxleTech, Thor Trucks Partner to Build Heavy-Duty E-Powertrain
AxleTech and Thor Trucks have partnered to create a fully electric commercial vehicle powertrain, according to an Oct. 16 press release. The two will integrate AxleTech’s e-axle technology with Thor’s proprietary battery technology.
October 22, 2018Marathon Considers Selling High-Ethanol Gas in Minnesota
Marathon Petroleum Corp., the largest U.S. oil refiner after its $23.3 billion acquisition of rival Andeavor this month, is weighing a plan to start sales of high-ethanol gasoline at its stations in Minnesota, according to people familiar with the matter.
October 22, 2018Refiners Slump as Trump Looks to Slow-Roll IMO Fuel Mandate
U.S. refiners are getting stung by President Donald Trump’s reported efforts to keep consumer prices from rising in the run-up to the 2020 election. The Trump administration is seeking to slow the implementation in 2020 of tighter fuel restrictions on the global shipping industry.
October 19, 2018Trucking to Turn More to Alternative Fuels, Experts Say
INDIANAPOLIS — Sales of Class 8 natural gas fueled trucks are rising, grants and incentives for using alternative fuels are expanding and more related regulations are coming as major shippers pursue environmental sustainability, experts said at an industry forum here.
October 18, 2018Congestion Creates $74.5 Billion Burden for Trucking, ATRI Analysis Shows
Traffic congestion on the nation’s highways added $74.5 billion in operational costs to the trucking industry in 2016, according to the American Transportation Research Institute’s recent analysis.
October 18, 2018Colorado Voters Could Play Role in Determining State’s Oil Output
On Nov. 6, voters may spoil BP’s welcome. That’s when it will be decided whether to limit drilling in an initiative that some say could cut the state’s oil output by more than half. The vote is being closely watched, not only by companies keen to join the Colorado boom but also by outsiders who see a potential blueprint for blocking development.
October 17, 2018Trade War Hinders Commodities, Helps Oil
Commodity companies are beginning to feel the impact of President Donald Trump’s trade policies, and their earnings report cards will signal how well they’ve been able to protect shareholder value.
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