The U.S. average retail price of diesel increased 2.2 cents to $2.819 a gallon — the highest price in more than two years — as oil prices rallied on speculation production cuts will continue into 2018 following a meeting of the Organization of Petroleum Exporting Countries in November.
October 30, 2017Business, Fuel
Diesel Climbs to Highest Price in More Than Two Years
Business, Technology, Fuel
Daimler Steps Up Electric Truck Rollout as Tesla Rivalry Looms
Daimler AG is stepping up plans to roll out electric-powered trucks as the world’s largest maker of commercial vehicles seeks to fend off newcomers like Tesla Inc. and Deutsche Post AG.
October 30, 2017Government, Business, Technology, Fuel
GHG Phase 2 Rule for Trailers Put on Hold
A federal appeals court has temporarily halted implementation of a provision in Phase 2 of the heavy trucks greenhouse gas rule of 2016, which would have regulated trailer manufacturers for the first time beginning Jan. 1.
October 30, 2017Business, Technology, Equipment, Fuel
Daimler Steals Tesla’s Thunder With Heavy-Duty Electric Truck
Daimler AG is jumping the gun on Tesla Inc. by showing off a battery-powered heavy-duty truck weeks before the California electric-car maker’s own planned unveiling, in a sign of the growing rivalry between the companies.
October 26, 2017Government, Business, Fuel
Trump’s Economic Adviser Floats Idea of Gas Tax Hike for Infrastructure
President Donald Trump’s chief economic adviser raised the possibility of increasing the federal gasoline tax next year to help pay for the administration’s $1 trillion infrastructure plan, U.S. Representative Tom Reed said.
October 25, 2017Fuel
Diesel Rises 1 Cent to $2.797 Per Gallon
The U.S. average retail price of diesel fuel increased 1 cent to $2.797 a gallon, the Department of Energy reported Oct. 23.
October 23, 2017Business, Fuel
Gasoline Demand Slips, Leaving Other Fuels to Pick Up Slack
America’s most popular fuel hasn’t been feeling the love. U.S. gasoline consumption dropped even as overall fuel demand posted an increase this year.
October 23, 2017Government, Fuel, TCA
California GOP Rallies Around Measure to Repeal New State Gas Tax
Organizers of a campaign to qualify a ballot measure that would repeal the state’s gas tax and new vehicle fees unveiled their growing coalition Oct. 18 at the state Republican Party headquarters, where GOP gubernatorial candidate John Cox said he will make a “substantial” donation to the effort.
October 19, 2017Fuel
Diesel Climbs 1.1¢ to $2.787
The U.S. average retail price of diesel rose 1.1 cents to $2.787 a gallon as oil prices increased along with Middle East tensions when opposing forces in Iraq clashed over control of the city of Kirkuk and nearby oil fields.
October 16, 2017Business, Technology, Equipment, Fuel
Toyota Class 8 With Hydrogen Fuel Cell to Run SoCal Drayage Route
Toyota Motor North America Inc. will begin using its prototype Class 8 truck powered by a hydrogen fuel cell system in drayage operations at the nation’s two largest ports starting Oct. 23.
October 16, 2017