The U.S. retail diesel average rose for a fifth consecutive week, but the pace slowed.
March 21, 2016Business, Fuel, Government
US to Tighten Security for Air, Rail, Port Facilities in Wake of Brussels Bombings
The U.S. government is stepping up security measures in response to the March 22 bombings in Brussels as President Barack Obama pledged to do whatever is necessary to help bring the perpetrators to justice.
March 22, 2016Business, Fuel
Diesel Climbs 2¢ a Gallon to $2.119
Business, Fuel
Diesel Average Gains 7.8¢ to $2.099; Biggest Increase Since February 2013
The U.S. average retail diesel price rose for a fourth consecutive week in the biggest climb in a single week since 2013, as it marched after higher oil prices.
March 21, 2016Business, Government, Fuel, Safety
UPS to Invest Another $100 Million to Expand Its Natural-Gas Network
UPS Inc. will invest an additional $100 million to expand its network of natural gas-powered freight transportation. The expansion will include building 12 more private fueling stations and buying 380 more heavy- duty tractors, the company said.
March 21, 2016Technology, Business, Government, Fuel, Equipment, Safety
Adoption of Trailer Aerodynamics Continues to Grow, Report Finds
Fleets have ramped up their investments in trailer aerodynamics systems in recent years to improve fuel economy, and federal regulations are expected to drive further adoption, a new report found.
March 18, 2016Government, Fuel, Business
Montana Voters Support Raising Fuel Taxes
A majority of 800 Montana voters surveyed last month favored raising taxes on diesel and gasoline to help pay for the state’s roads and bridges. In the poll commissioned by the Montana Chamber of Commerce, 52% of the voters supported the increase with 41% opposed.
March 18, 2016Business, Fuel
Crude Oil Rises Above $40 in New York for First Time in 3 Months
Oil surged above $40 a barrel in New York for the first time since December as central banks from the United States to Norway signaled they will continue to provide economic stimulus to support demand.
March 17, 2016Government, Fuel, Business
Missouri Highway Commissioner Says Fuel-Tax Increase Doubtful This Year
CLINTON, Mo. — Missouri Highway Commissioner Greg Smith told the Missouri Highway 13 Corridor Coalition not to expect a fuel-tax increase to pass the Legislature this year.
March 16, 2016Business, Fuel
Diesel Rises 7.8¢ to $2.099
The U.S. retail diesel average rose for the fourth consecutive week as the fuel continued to climb past the $2 threshold.
March 14, 2016Business, Fuel
Oil Producers Said Likely to Meet in April on Output Freeze
Major oil producers are likely to meet in April to discuss a proposal to freeze output at January levels to stabilize the market, according to four Gulf OPEC delegates.
March 14, 2016