Diesel’s national average pump price resumed its downward trend Nov. 17 after last week’s increase, slipping 1.6 cents to $3.661 a gallon, the Department of Energy reported.
November 18, 2014Business, Fuel
Diesel Resumes Decline After One-Week Increase
Business, Fuel
Halliburton, Baker Hughes Combine Operations
Two of the nation’s largest oil field service companies, Halliburton Co. and Baker Hughes Inc., agreed to combine operations, a move that company officials said will save an estimated $2 billion a year in expenses.
November 18, 2014Business, Fuel
Two Trucking Firms Allege Haslam at Center of Rebate Conspiracy
Two trucking companies alleged in a legal filing last week that Pilot Flying J CEO Jimmy Haslam was at the center of a conspiracy to shortchange them of diesel fuel rebates.
November 17, 2014Business, Fuel, Technology, Equipment, Safety
IFTA Might Replace Decals With an Electronic System
The International Fuel Tax Association said it is considering changing the organization’s credentials for commercial vehicles to a digital form and possibly eliminating its longstanding decals.
November 17, 2014Business, Fuel
Diesel Gains 5.4¢ to $3.677
The national average diesel price rose last week for the first time since June, jumping 5.4 cents a gallon to $3.677, led by a hefty leap in the Midwest, the Department of Energy said.
November 17, 2014Business, Logistics, Fuel, Government
Diesel Rises 5.4¢ in First Gain Since June
Diesel’s national average price rose for the first time since June, gaining 5.4 cents to $3.677 a gallon, the Department of Energy reported Nov. 10. Meanwhile, the national average price of gasoline fell again, by 5.2 cents to $2.941 a gallon.
November 10, 2014Fuel, Business, Logistics, Government
Fuel Prices Continue to Decline as Oil Drops Below $80 a Barrel
Diesel’s national average pump price continued to drop last week, falling 1.2 cents to $3.623 a gallon, while retail gasoline slid below the $3 mark for the first time in almost four years, the Department of Energy reported.
November 10, 2014Government, Business, Fuel
Rep. DeFazio to Pursue Top Democrat Spot on House Transportation Panel
Oregon Democrat Peter DeFazio will look to take over as the ranking member on the House Transportation and Infrastructure Committee in the next Congress, a senior House aide told Transport Topics.
November 5, 2014Business, Fuel
Diesel Drops 1.2¢ to $3.623, Gas Falls Below $3
The average price of U.S. diesel dropped 1.2 cents to $3.623 and gasoline fell below $3 a gallon, the Department of Energy reported Nov. 3, as oil slid below $80 a barrel for the first time in more than two years.
November 4, 2014Business, Fuel, Government
Trade Deficit Widens to Four-Month High as Exports Decline
The trade deficit in the U.S. widened in September as exports cooled from a record, highlighting how weakening global growth will affect the world’s largest economy.
November 4, 2014