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鈥檚 fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

BusinessFuel

National Diesel Average Falls 1.3垄 to $2.485

The average price of diesel fuel in the United States declined 1.3 cents a gallon to $2.485, the third consecutive weekly decline, the Department of Energy reported Nov. 2.

November 3, 2015
BusinessFuel

BP Says Technology Can Keep Oil and Gas Abundant, Affordable

Technology can be used to increase the world鈥檚 proven oil and gas reserves by two-thirds 鈥 almost double the amount needed to meet demand through 2050 鈥 keeping energy supplies plentiful and affordable, according to BP.

November 3, 2015
GovernmentBusinessSafetyFuel

Rep. Earl Blumenauer Aims to Raise Fuel Tax by 15 Cents

As the House of Representatives begins to consider long-term transportation legislation, Rep. Earl Blumenauer (D-Ore.) plans to offer an amendment to the $325 billion bill that would raise the federal fuel tax by 15 cents a gallon.

November 2, 2015
GovernmentBusinessSafetyFuelAutonomous

Rhode Island Trucking Association Offers Alternative to Gov. Raimondo鈥檚 Plan

When Rhode Island Gov. Gina Raimondo announced her transportation plan based on truck tolling Oct. 8, Rhode Island Trucking Association President Chris Maxwell called RhodeWorks 鈥渞idiculous.鈥

October 28, 2015
BusinessFuel

National Diesel Average Declines for Second Consecutive Week

The average price of diesel fuel in the United States declined 3.3 cents a gallon to $2.498, the second consecutive weekly decline, the Department of Energy reported Oct. 26.

October 27, 2015
BusinessFuel

US Plans to Sell Down Strategic Oil Reserve to Raise Cash

The United States plans to sell millions of barrels of crude oil from its Strategic Petroleum Reserve from 2018 until 2025 under a budget deal reached Oct. 26 by the White House and top lawmakers from both parties.

October 27, 2015
BusinessFuel

Oil at $50 Is 鈥楪ift to World鈥 Says OPEC Member

Oil at $50 a barrel is a 鈥済ift to the world鈥 as prices should be low enough to spur economic growth, according to the head of Abu Dhabi鈥檚 Department of Economic Development.

October 26, 2015
BusinessFuel

National Diesel Average Declines 2.5垄 to $2.531 a Gallon

The average price of diesel fuel in the United States declined 2.5 cents a gallon to $2.531, the Department of Energy reported Oct. 19.

October 20, 2015
BusinessGovernmentSafetyFuel

Trailer Makers Say GHG Plan Exceeds EPA鈥檚 Legal Authority

Trailer makers are troubled by the Phase 2 proposal on greenhouse-gas emissions, with some asserting the agencies involved exceeded their regulatory authority and others arguing the mandates are overly aggressive and based on faulty assumptions.

October 19, 2015
BusinessFuelSafetyGovernment

UTi Worldwide Agrees to Buyout by DSV Group for $1.35 Billion

UTi Worldwide, a U.S.-based air and ocean freight forwarder that has been struggling to reverse a downward trend in revenue and profits, has agreed to a buyout by Danish freight forwarder and transportation firm DSV Group for $1.35 billion.

October 19, 2015