Diesel’s national average price rose 3.1 cents to $2.811 a gallon, the second consecutive increase, while gasoline jumped to a five-month high, the Department of Energy reported April 27.
April 27, 2015Business, Fuel
Diesel Price Rises for Second Week, Gaining 3.1¢ to $2.811
Business, Government, Safety, Fuel, Autonomous
MTA, Four Trade Groups File Lawsuit to Stop Minnesota’s Biodiesel Mandate
The Minnesota Trucking Association and four trade groups are suing Minnesota in federal court in an attempt to topple the state’s biodiesel mandate.
April 27, 2015Business, Fuel
Diesel Rises 2.6¢ to $2.78 in First Gain in Six Weeks
Diesel’s national average price rose 2.6 cents to $2.78 a gallon, the first gain in six weeks, as oil prices held near their highest level this year, the Department of Energy reported April 20.
April 20, 2015Business, Fuel
GE to Sell Financial Units, Plans to Exit Trucking
General Electric Co. said it will sell most of its GE Capital assets in the next two years, effectively securing the company’s exit from the trucking industry.
April 20, 2015Business, Fuel
Lower Speed Limits Part of Safety Proposal for Oil Trains
Trains carrying crude oil will be restricted to a 40Â mph speed limit in populated areas such as New York under an order by the U.S. Department of Transportation in response to a series of derailments.
April 17, 2015Fuel, Business, Technology
Ford, Telogis Expanding Telematics Partnership to Europe
Ford Motor Co. and technology supplier Telogis said they have expanded their commercial-vehicle telematics partnership to the United Kingdom, with other European markets to follow this summer.
April 17, 2015Business, Fuel
Oil Production Jumps in March Even as US Drilling Collapses
The United States keeps pumping oil at a near-record pace in spite of the collapse in prices over the past year and cutbacks in drilling.
April 15, 2015Business, Fuel
Diesel Falls 3¢ to $2.754; Price Is Lowest Since 2009
Diesel’s national average price fell to the lowest level since 2009, dropping 3 cents to $2.754 a gallon, the Department of Energy reported April 13.
April 13, 2015Business, Logistics, Fuel
Shell Will Buy BG Group for $70 Billion in Cash and Shares
Royal Dutch Shell agreed to buy BG Group Plc for about $70 billion (47 billion pounds) in cash and shares, the oil and gas industry’s biggest deal in at least a decade.
April 8, 2015Business, Fuel
DOE Lowers 2015 Diesel-Price Forecast 3¢ to $2.86
The Department of Energy lowered its 2015 forecast for diesel prices by 3 cents to $2.86 a gallon and said it will average $2.77 for the six months through September.
April 7, 2015