Fuel News

About Fuel 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.

GovernmentBusinessFuel

Diesel Rises 1¢ to $2.491; Gasoline Drops 1.9¢ to $2.278

The U.S. average diesel price rose 1 cent to $2.491, the Department of Energy said July 17.

July 20, 2017
GovernmentFuel

Americans Say They Back Higher Gas Tax to Fix Crumbling Roads

Congress hasn’t raised the federal gas tax since 1993 when Bill Clinton was president, but a narrow majority of Americans would support an increase to help fix crumbling roads and bridges in their own states.

July 20, 2017
GovernmentFuel

EPA Proposes Lower Minimum Volume Requirement for Renewable Fuels in 2018

The EPA has proposed cutting back on the minimum required volume of renewable fuels produced in 2018 and putting the brakes on the minimum volume of biomass-based diesel produced in the United States in 2019.

July 20, 2017
BusinessFuel

Oil Steadies Amid Mixed Signals on US Crude Inventories

Oil was steady amid mixed signals on U.S. crude inventories, with industry data showing supplies increased last week while government statistics were expected to show a decline.

July 19, 2017
GovernmentFuel

Diesel Rises 1¢ to $2.491; U.S. Shale Produces 5.58 Million Barrels a Day

The U.S. average diesel price has risen a cent to $2.491, the Department of Energy said July 17. The fuel has increased 2.6 cents over three weeks.

July 17, 2017
GovernmentFuel

South Carolina Begins Six-Stage Phase-In of 12-Cent Fuel Tax Increase

South Carolina on July 1 began a six-year trek that will raise taxes on gasoline and diesel fuel by 2 cents a gallon each July into 2022.

July 13, 2017
GovernmentFuelTCA

Opponents of California’s Gas Tax Hike Will Sue Over State’s ‘Misleading’ Ballot Description

Proponents of an initiative to repeal gas tax increases in California plan to sue over the state-drafted title and summary for the ballot measure, which they say is misleading and negative.

July 12, 2017
GovernmentFuel

US Cuts 2018 Crude Production Forecast Amid Lower Prices

U.S. crude producers are still set to pump record amounts of the commodity next year, but less so than previously projected, according to the latest government estimates.

July 11, 2017
BusinessFuel

Shell Mulls LNG-Hub Network as Use by Trucks Expands

Royal Dutch Shell, the oil company that spent more than $50 billion to buy natural-gas producer BG Group, is looking to expand demand for the fuel in transport to ensure its output is consumed.

July 11, 2017
Fuel

Diesel Rises 0.9¢ for Second Consecutive Gain

The U.S. average retail price of diesel rose 0.9 cent to $2.481, while oil prices failed to reclaim ground after a sharp drop a week earlier.

July 10, 2017