Oil surged above $40 a barrel in New York for the first time since December as central banks from the United States to Norway signaled they will continue to provide economic stimulus to support demand.
March 17, 2016Search
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Adoption of Trailer Aerodynamics Continues to Grow, Report Finds
Fleets have ramped up their investments in trailer aerodynamics systems in recent years to improve fuel economy, and federal regulations are expected to drive further adoption, a new report found.
March 18, 2016Missouri Highway Commissioner Says Fuel-Tax Increase Doubtful This Year
CLINTON, Mo. — Missouri Highway Commissioner Greg Smith told the Missouri Highway 13 Corridor Coalition not to expect a fuel-tax increase to pass the Legislature this year.
March 16, 2016Oil Producers Said Likely to Meet in April on Output Freeze
Major oil producers are likely to meet in April to discuss a proposal to freeze output at January levels to stabilize the market, according to four Gulf OPEC delegates.
March 14, 2016Diesel Rises 7.8¢ to $2.099
The U.S. retail diesel average rose for the fourth consecutive week as the fuel continued to climb past the $2 threshold.
March 14, 2016IEA Says Oil Price May Have Bottomed
Oil prices may have passed their lowest point as shrinking supplies outside OPEC and disruptions inside the group erode the global surplus, the International Energy Agency said.
March 11, 2016South Carolina Senate OKs Transportation Plan That Conflicts With House Version
After weeks of debate marked by extended filibusters, South Carolina’s Republican-controlled Senate approved a $400 million transportation plan that doesn’t include the fuel-tax increase in the bill passed earlier by the House.
March 10, 2016Diesel Rises 3.2¢ to $2.021 in Third Straight Increase
The U.S. diesel average rose 3.2 cents to $2.021 last week for its third increase in a row.
March 7, 2016Different Paths May Take Miss., Minn. Down Same Road to Higher Fuel Tax
Mississippi hasn’t raised its fuel taxes since 1987. Minnesota did it just eight years ago. However, both might be on the verge of doing so as lawmakers look to fix transportation funding shortfalls at a time of record low fuel prices.
March 7, 2016New Oils for Engines Set to Arrive in December
NASHVILLE, Tenn. — Work on improving engine oils to assist in fuel efficiency is complete, and the two new oils, CK-4 and FA-4, will be available in December, said Dan Arcy, global OEM technical manager of Shell Global Solutions.
March 1, 2016