U.S. economic activity continued to expand from mid-May through June, with lower energy prices helping to boost consumer spending but remaining a drag on manufacturing, the Federal Reserve said July 15.
July 15, 2015Fuel 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.
Energy Prices Help Spending, Hinder Manufacturing, Beige Book Report Says
Diesel Average Drops 1.8¢ to $2.814 Per Gallon in Seventh Consecutive Decline
Diesel’s national average price declined for the seventh consecutive week, slipping 1.8 cents to $2.814 per gallon, the Department of Energy reported July 13. That makes diesel $1.08 cheaper than a year ago, DOE said after its weekly survey of filling stations. But gasoline climbed 4.1 cents to $2.834.
July 13, 2015Federal Regulators Formally Publish Phase 2 GHG Emissions-Reduction Proposal
Federal regulators on July 13 formally published their proposal in the Federal Register that would tighten greenhouse-gas emissions for trucks, improve their fuel economy and regulate trailer efficiency for the first time.
July 13, 2015Texas Man Bilks Oil Refiners in $78 Million Biodiesel Fraud
A Houston man who amassed a fortune selling renewable fuel credits given for producing biodiesel, although he never actually made any of the alternative fuel, has pleaded guilty to federal criminal charges.
July 13, 2015Aero Installations to Shift To Factory Under GHG Rule
Suppliers of fuel-saving technologies for trucks and trailers said they expect their products will increasingly be installed at the factory level under the federal government’s proposed Phase 2 greenhouse-gas standards.
July 13, 2015Eco Flow Votes to Join Teamsters
Port truck drivers from Eco Flow Transportation voted to join the Teamsters, which has backed efforts to convert driver status from independent contractor to employee.
July 10, 2015Oil Prices May Fall Further Before Supply Fades in 2016, IEA Says
Oil prices may fall further as the world remains “massively oversupplied,†before markets tighten in 2016 when output growth outside OPEC grinds to a halt, according to the International Energy Agency.
July 10, 2015GOP Congressman Proposes Fuel Tax Increase
Rep. Tom Rice (R-S.C.) introduced legislation that would raise federal fuel taxes by 10.1 cents per gallon, and index the new rate to inflation as a way to ensure the long-term solvency of the Highway Trust Fund.
July 9, 2015DOE Lowers 2015 Diesel-Price Forecast to $2.86
The Department of Energy lowered its 2015 forecast for U.S. diesel prices 2 cents to $2.86 a gallon but held its 2016 projection at $3.03.
July 8, 2015Administration Maintaining Focus on GHGs, EPA Chief Gina McCarthy Says
WASHINGTON — The Environmental Protection Agency and the Obama administration as a whole will continue to emphasize their campaign against climate change from carbon emissions, even if all aspects of useful technologies are not known at present.
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