Oil jumped $5 to more than $136 a barrel Wednesday following a Department of Energy report that showed crude inventories fell more than expected last week, Bloomberg reported.
June 11, 2008Fuel News
Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.
Diesel Holds at $4.692 a Gallon
The national average price of diesel fuel was unchanged Monday from a week ago, holding at $4.692 a gallon, the Department of Energy said.
June 16, 2008Several Class 8 Hybrids Being Developed, But Experts Say Many Obstacles Still Loom
WASHINGTON — Several prototype Class 8 hybrid trucks are currently under development, but the technical and economic obstacles in the way of placing reliable and fuel-efficient heavy hybrid over-the-road trucks in service remain daunting, experts told a House subcommittee.
June 16, 2008Diesel Slips for Second Week; Gasoline Average Tops $4 a Gallon
The U.S. diesel average inched downward for the second consecutive week, dipping 1.5 cents to $4.692 a gallon, while gasoline topped the $4 mark for the first time ever, the Department of Energy reported.
June 16, 2008Caterpillar to Exit Class 8 Engine Market After 2010
Caterpillar Inc., which said Thursday it has signed an agreement to develop a heavy-duty truck with Navistar International Corp., said it would not develop and sell engines that meet 2010 emissions standards to other truck original equipment manufacturers.
June 13, 2008Oil Jumps $5 to Top $136 a Barrel
Fed Cites Economic Weakness, Trucking’s Concerns Over Fuel Prices
U.S. economic activity remained generally weak in late April and May, and some trucking companies reported having difficulty passing on high fuel costs to their customers, the Federal Reserve said Wednesday.
June 11, 2008Letters to the Editor: Fuel-Cost Crisis, Drug & Alcohol Testing, Trucker Pride
I joined the company where I work about three months ago, and one of my top-priority jobs has been fuel usage. We had to look at our idling time because all our trucks are sleepers and the drivers run in 48 states.
June 11, 2008Two Truck Drivers Killed in European Fuel-Price Protests
Police cleared striking truckers who were protesting high fuel prices from the Spanish-French border, and two striking drivers were killed in separate incidents in Spain and Portugal, the Associated Press reported Wednesday.
June 11, 2008DOE Sees Diesel Near $4.71 for Next Few Months
Diesel fuel will average $4.32 a gallon this year and next year, but will remain near $4.71 a gallon for the next few months, the Department of Energy said.
June 10, 2008IEA Lowers Oil Demand Forecast; European Truckers Step Up Protests
The International Energy Agency lowered its forecast for global oil demand this year, while thousands of European truckers protested high fuel prices, the Associated Press reported Tuesday.
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