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The trade deficit in the U.S. shrank in August to the lowest level in seven months as exports edged up to a record.

West Texas Intermediate oil fell below $90 for the first time in 17 months amid signs that supplies from Russia, Saudi Arabia and the U.S. are outstripping demand.

Volvo Trucks said it is postponing its planned compression-ignition liquefied natural gas engine for the North American market.

Diesel dropped 2.3 cents — the same decline as last week — to $3.755 a gallon, the Department of Energy reported Sept. 29.

Proposed federal rules to make hauling crude oil by rail safer and avoid fiery wrecks would drive up costs and put the U.S. energy revival at risk, the head of an oil industry trade group said.

Pennsylvania is seeking to build 37 public compressed natural gas fueling stations through a public-private partnership.

Liquefied natural gas will gain a “significant” market share in the transport sector by 2035, led by demand from trucking, the International Center for Natural Gas Information said.

ORLANDO, Fla. — A senior compliance engineer for Daimler Trucks North America told a group of maintenance technicians and executives that the truck maker has concerns about the federal government’s possible added costs and testing plans that could be included in the Phase 2 greenhouse gas emissions and fuel efficiency proposed rule due for publication next spring.

NASHVILLE, Tenn. — Congress needs to raise fuel taxes in upcoming legislation, then deal with the longer-term problem of finding a new way to fund highway infrastructure, the president of the Transportation Intermediaries Association said Sept. 23.