Pilot Flying J has agreed to pay a $92 million penalty to resolve the company’s criminal liability for withholding fuel rebates from customers.
July 15, 2014Business, Fuel
Pilot Flying J to Pay $92 Million Penalty for Rebate Fraud
Business, Fuel
Diesel Declines 1.9¢ to $3.894 Per Gallon
Diesel declined 1.9 cents to $3.894 a gallon, following a 0.7 cent decline last week, the Department of Energy reported July 14.
July 14, 2014Business, Fuel
Gasoline Falls to $3.669 a Gallon in Survey
The average for regular gasoline at U.S. pumps fell 3.99 cents in the three weeks ended July 11 to $3.669 a gallon, according to Lundberg Survey Inc.
July 14, 2014Business, Fuel
Diesel Dips 0.7¢ to $3.913 a Gallon; Gasoline Slides 2.6¢ to $3.678
Diesel dipped 0.7 cent to $3.913 a gallon, while gasoline slid 2.6 cents to $3.678, the first declines for both fuels in three weeks, the Department of Energy reported July 7.
July 8, 2014Fuel
Fleets Plan More Leasing, Alt-Fuel Use, Survey Shows
About a quarter of companies expect to increase the size of their fleets in the next 12 months, with leasing being the most popular choice for obtaining new vehicles, according to a recently released survey by GE Capital.
July 7, 2014Business, Fuel
Diesel Rises 0.1¢ to $3.92 a Gallon
The U.S. retail diesel average was all but flat this week, rising just 0.1 cent a gallon from the week before to $3.92, the U.S. Department of Energy said on June 30.
June 30, 2014Business, Government, Fuel, Autonomous
Scania Touts Fuel Savings of Dual Trailers
Swedish truck maker Scania AB said that by driving with two full-length trailers fuel consumption is reduced by up to 30%.
June 30, 2014Business, Fuel
Diesel Price Up 3.7¢ to $3.919, Marking First Gain in 8 Weeks
U.S. retail diesel prices reÂversed direction last week and followed increases made by crude oil, marking the first gain for trucking’s main fuel in eight weeks, the U.S. Department of Energy reported.
June 30, 2014Business, Fuel
Commerce Dept. Allows Some US Oil Exports
The Commerce Department opened the door to more U.S. oil exports as long as the crude is lightly processed, tempering the impact of a law that has banned most such shipments for the past 40 years.
June 25, 2014Business, Fuel
Diesel Rises 3.7¢ to $3.919 a Gallon
Diesel rose for the first time in eight weeks, gaining 3.7 cents to $3.919 a gallon, and gasoline rose for the fourth time in five weeks, the Department of Energy reported June 23.
June 24, 2014