OPEC’s first production cuts in eight years are intended to shrink the world’s bloated oil stockpiles back to a normal level, paving the way for prices to rise to more than $60 a barrel.
December 1, 2016Fuel 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.
OPEC Agrees on Oil Output Cuts to Curb Global Glut
OPEC clinched a deal to curtail oil supply, confounding skeptics as the need to clear a record global crude glut — and prove the group’s credibility — brought its first cuts in eight years.
, November 30, 2016Toyota Offers Hints of Its Heavy-Duty Hydrogen Fuel Cell Truck
Toyota is exploring a “semi-trailer truck application” of hydrogen fuel cell technology.
November 29, 2016Diesel Average Dips 0.1¢ to $2.420
The U.S. average retail price of diesel slid 0.1 cent to $2.420 a gallon, according to the Department of Energy, as crude prices reflected the uncertainty global production would be slowed.
November 28, 2016Big Drop in Class 8 Registrations Signals End of Truck-Buying Spree
A sharp decline in registrations of new trucks is taking the air out of what has been a remarkably robust period of growth in the size of the nation’s Class 8 fleet.
November 28, 2016Diesel Falls 2.2¢ to $2.421 as Crude Rises
The U.S. average retail price of diesel fell 2.2 cents a gallon to $2.421, the Department of Energy said Nov. 21, as crude oil prices crept higher.
November 28, 2016Diesel Falls 2.2¢ to $2.421
The U.S. average retail price of diesel fell 2.2 cents to $2.421 a gallon, according to the Department of Energy, as crude oil prices crept higher.
November 21, 2016Oil-Field Transportation Sector Requires Specialized Trucks, Versatile Drivers
Trucks used in oil and gas fields are a breed apart from highway trucks, and the drivers who operate them need additional skills beyond those required of over-the-road truckers, executives in this sector said.
November 21, 2016Diesel Drops 2.7¢ to $2.443; Gasoline Falls 4.9¢ to $2.184
The U.S. average retail price of diesel fell 2.7 cents a gallon to $2.443, according to the Nov. 14 survey by the Department of Energy, while crude oil prices continued their slide since the presidential election.
November 21, 2016Speaker Ryan Urges Obama Administration to Stop Rulemaking
Before leaving town for Thanksgiving, House Speaker Paul Ryan reaffirmed his stance that federal regulators relax their rulemaking until the start of President-elect Donald Trump’s administration.
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