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.

Business, Fuel

Diesel Bumps Up Three-Tenths a Cent to $1.983

The national average retail price of diesel fuel climbed ever so slightly, ending 14 consecutive declines, the Department of Energy reported.

February 22, 2016
Business, Fuel

Truck Sales Dip in January

U.S. retail sales of Class 8 vehicles nearly reached 16,000 in January, but analysts said the anticipated softening in demand has taken hold.

February 22, 2016
Business, Fuel

Diesel Average Tumbles Below $2 for First Time Since February 2005

The national average retail price of diesel fuel fell below $2 a gallon, passing yet another long-standing threshold after setting an 11-year low the previous week, the Department of Energy reported.

February 22, 2016
Business, Fuel

Diesel Falls to Below $2 a Gallon

The average diesel retail price fell 2.8 cents last week to $1.980 a gallon, the lowest price since Jan. 24, 2005, when it was $1.959.

February 16, 2016
Business, Fuel

Diesel Hits 11-Year Low

The average diesel retail price fell 2.3 cents last week to $2.008 a gallon, the lowest price in nearly 11 years, when it was $1.986.

February 15, 2016
Business, Fuel

Former Pilot Flying J President Charged in Fuel-Rebate Scam

Former Pilot Flying J President Mark Hazelwood and seven other former company sales executives were indicted last week on federal charges related to an illegal multimillion-dollar diesel fuel-rebate conspiracy.

February 15, 2016
Business, Fuel

Profile: Who Is Indicted Ex-Pilot Flying J President Mark Hazelwood?

Mark Hazelwood was once a fast-rising executive at the largest truck-stop chain in the United States. Now he's facing what could be the fight of his life, after federal indictment on charges of fraud and witness tampering.

February 10, 2016
Business, Fuel

Midwest Drivers May See Gasoline Below a Dollar

Drivers in Chicago and other parts of the Midwest may see gasoline prices at the pump fall to 99 cents a gallon as regional stockpiles swell.

February 10, 2016
Business, Fuel

Ex-Pilot President Mark Hazelwood, Seven Others Indicted in Diesel Fuel Rebate Fraud

KNOXVILLE, Tenn. — Former Pilot Flying J President Mark Hazelwood was arraigned Feb. 9 on charges including conspiracy to commit wire fraud and mail fraud as well as witness tampering in a nearly three-year investigation.

February 9, 2016
Government, Business, Fuel

Obama's $98.1 Billion Budget Proposes New Per-Barrel Fee on Oil

New infrastructure projects capable of withstanding severe weather events would be funded through a new tax on oil companies, according to the Obama White House’s fiscal 2017 budget request unveiled Feb. 9.

February 9, 2016