The average U.S. price for regular gasoline fell 3.5 cents in the past two weeks to $3.69 a gallon, the first decline in three months, according to the latest Lundberg Survey of filling stations.
May 19, 2014Business, Fuel
Gasoline Prices Dip 3.5垄 to $3.69, Lundberg Reports
Fuel, Business
Senator Urges Fuel-Tax Hike to Pay for Transport Spending
WASHINGTON 鈥 Sen. Tom Carper (D-Del.) said Congress should approve modest increases to the federal fuel taxes as a way to finance the six-year transportation reauthorization bill and raise revenue for the Highway Trust Fund, which is quickly running out of money.
May 19, 2014Business, Fuel
Biodiesel Board Hits 鈥榃eak鈥 Renewable Fuel Proposal
A survey by the National Biodiesel Board found that nearly 80% of biodiesel producers have scaled back production this year, and more than half have idled production, due in part to what it called a 鈥渨eak鈥 renewable fuel standard proposal in Washington.
May 15, 2014Business, Fuel
Diesel, Gasoline Each Dip 1.6垄 in Second Straight Declines
Diesel and gasoline each slipped 1.6 cents, their second straight drops, with diesel declining to $3.948 a gallon, the Department of Energy reported May 12.
May 13, 2014Business, Fuel
Penske Offering CNG-Powered Freightliners for Rental
Penske Truck Rental said it has 85 compressed-natural gas Freightliner Cascadia semi-tractors available for commercial rental use in select markets.
May 12, 2014Business, Fuel
3M, Rush Set CNG Tank Partnership
3M and truck dealership Rush Enterprises announced an agreement to pursue the design, manufacture and installation of compressed-natural gas tanks for use in Classes 6-8 trucks in North America.
May 12, 2014Business, Fuel
Clean Energy Reports 1Q Loss; Deliveries Rise
Clean Energy Fuels Corp. reported a first-quarter loss, but its revenue and natural-gas deliveries increased.
May 9, 2014Business, Fuel
Diesel Declines 1.1垄 to $3.964
Diesel declined 1.1 cents to $3.964 a gallon, its first drop after two weeks of increases, the Department of Energy reported May 5.
May 6, 2014Business, Fuel, Government
Trade Gap Shrinks in March by 3.6% to $40.4 Billion
The trade deficit narrowed in March by 3.6% to $40.4 billion from the prior month鈥檚 $41.9 billion, the Commerce Department reported.
May 6, 2014Business, Fuel, Government
Fleets Urge Standards Over Technologies With Next Federal Greenhouse-Gas Rule
WASHINGTON 鈥 Fleet executives told a National Research Council committee of their efforts to save on fuel consumption and what they would recommend to federal agencies that are writing the next rule on greenhouse-gas emissions.
May 5, 2014