Diesel rose 11.5 cents to $3.965 a gallon, its sixth straight gain, while gasoline rose 7.6 cents to $3.721 the Department of Energy said.
August 14, 2012Business, Fuel
DEF Pump Prices Down Sharply as Supply Grows, Urea Drops
The price of diesel exhaust fluid at the pump at U.S. truck stops dropped significantly in July, following a similar decline for urea, the main ingredient in DEF.
August 20, 2012Business, Fuel
Diesel Fuel Jumps 11.5¢ to $3.965 a Gallon
U.S. retail diesel prices spiked 11.5 cents to $3.965 a gallon last week, the Department of Energy reported, the largest increase in 17 months. Experts attributed the gain to higher crude prices, falling inventories and a refinery fire.
August 20, 2012Government, Business, Technology, Equipment, Fuel
FMCSA Extends Comment Deadline for Oilfield Rule
The Federal Motor Carrier Safety Administration has pushed back the deadline for public comment about changes to the hours-of-service rules for oilfield haulers.
August 16, 2012Business, Fuel
Crude Oil Inventories Drop
Stockpiles of crude oil dropped 3.7 million barrels to 366.3 million, in the seven days ended Aug. 10, said the Department of Energy on Wednesday.
August 15, 2012Business, Fuel
Comdata Starts Processing Cardless Fuel Transactions
Comdata Corp. said it has started processing cardless fueling transactions using radio-frequency identification, while two major truck-stop chains work to install the wireless technology at all of their fueling locations.
August 13, 2012Business, Safety, Fuel, Government, Autonomous
Private Fleets Seek Cost Cuts With Focus on Drivers, Routing
Managers of the nation’s largest shipper-owned truck fleets are taking steps to counter the rising cost of fuel and equipment by more closely monitoring drivers and using new data collection techniques to make better routing decisions and improve compliance with safety and environmental regulations.
August 13, 2012Business, Fuel
Diesel Gains 5.4¢ to $3.85
U.S. retail diesel prices rose 5.4 cents last week to $3.85 a gallon, while gasoline soared 13.7 cents, the Department of Energy reported, after a pipeline leak in Wisconsin raised fears of a crude oil shortage.
August 13, 2012Business, Fuel, Government
U.S. Trade Deficit Shrinks in June
The U.S. trade deficit shrank 11% in June, the Commerce Department said Thursday.
August 9, 2012Business, Fuel
DOE Boosts Diesel Forecast by a Nickel
Diesel will average $3.84 this year, led by higher oil prices, the Department of Energy said, boosting its most recent forecast by a nickel.
August 8, 2012