Fuel News

About Fuel 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.

Fuel, Business, Logistics, Government

Diesel Jumps 4¢ to $2.964; Gas Falls 3.1¢ to $2.787

Diesel fuel’s national average price jumped 4 cents from last week to $2.964 a gallon, the Energy Department said Monday.

September 18, 2007
Business, Government, Fuel

Crude Hits Another Record; Tops $81 Overnight

Crude oil futures hit another record Monday, closing at $80.57 a barrel, and the overnight trading price into Tuesday topped $81 for the first time as prices continued to climb, Bloomberg reported.

September 18, 2007
Government, Business, Fuel, Equipment

Fleet Directors Minimize Tires’ Cost

Tire wear and tear is inevitable, but carriers can minimize its effects by choosing high-quality materials and being rigorous about maintenance and checking correct air pressures, several fleet maintenance chiefs and tire manufacturers say.

September 17, 2007
Government, Business, Safety, Fuel, Logistics

Diesel Price Gains 3.1¢ to $2.924

The national average price of diesel fuel hit its highest level in more than a year last week following a 3.1-cent increase to $2.924 a gallon, while crude oil closed at more than $80 a barrel for the first time.

September 17, 2007
Business, Fuel, Safety, Government

UPS Expands Air Service in Japan

UPS Inc. said it reached agreement with the U.S. State and Transportation Departments to expand its air operations to and from Japan.

September 14, 2007
Business, Fuel, Autonomous

Oil Closes Above $80 for First Time

Crude oil futures rose to a third record in three days Thursday, closing the trading day at more than $80 a barrel for the first time ever, Bloomberg reported.

September 13, 2007
Business, Fuel

Oil Tops $80 a Barrel for First Time

Crude oil futures topped $80 a barrel for the first time and closed at a record high for a second straight day, finishing the trading day at $79.19 on the New York Mercantile Exchange, Bloomberg reported Wednesday.

September 13, 2007
Business, Fuel, Government

Diesel Prices to Peak This Month, DOE Says

Retail diesel prices will peak this month before beginning a slow decline through the end of the year, the Energy Department said Tuesday.

September 11, 2007
Business, Government, Fuel

Oil Closes at Record $78.23 a Barrel

Crude oil rose to a record closing price of $78.23 a barrel Tuesday on speculation that OPEC’s agreement to boost production by 500,000 barrels a day will fall short of rising demand, Bloomberg reported.

September 11, 2007
Fuel, Business, Logistics, Government

Diesel Gains 3.1¢ to $2.924

The average national retail price of diesel fuel rose 3.1 cents to $2.924 a gallon, the Department of Energy said Monday.

September 11, 2007