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Rep. Petri Supports Bill That Would Raise Fuel Taxes

Tom Petri (R-Wis.), the outgoing chairman of the subcommittee on highways, said he will become a co-sponsor of a bill that would increase federal fuel taxes to support the nation’s transportation system.

December 2, 2014

Diesel Falls 2.3¢ After Plunge in Crude Oil Prices

Diesel’s national average pump price declined 2.3 cents to $3.605 a gallon, the Department of Energy reported Dec. 1, after last week’s plunge in oil prices to a five-year low.

December 2, 2014

Natural-Gas Industry Lobbies Congress to End Tax Disparity Between LNG, Diesel

Advocates of natural gas are pressing Congress to pass legislation in the lame-duck session that would end the disparity between the federal fuel tax on liquefied natural gas and diesel fuel.

December 1, 2014

Diesel Drops 3.3¢ to $3.628; Gas Plunges 7.3¢ to Four-Year Low

Diesel fell 3.3 cents to $3.628 a gallon, a half-cent above the 3½ year low level of three weeks ago, the Department of Energy reported Nov. 24.

November 24, 2014

Renewable Fuels Quotas for 2014 Delayed by EPA After Fight

The U.S. Environmental Protection Agency punted on setting quotas for the use of renewable fuels in 2014 and pledged to lay out next year targets for 2014-2016.

November 21, 2014

Diesel Drops 1.6¢ to $3.661

The U.S. retail diesel average resumed its downward trend last week, slipping 1.6 cents to $3.661 a gallon, the Department of Energy reported.

November 24, 2014

New T&I Top Democrat Optimistic on Road Bill

U.S. Rep. Peter DeFazio of Oregon, the new top transportation leader for House Democrats in the next Congress, told Transport Topics last week he is hopeful about Congress’ chances of advancing a long-term highway bill before the current law expires in May.

November 24, 2014

Key House Democrat DeFazio Sees Opportunity to Pass Long-Term Highway Bill Next Congress

Rep. Peter DeFazio of Oregon, elected Nov. 19 as the House Democrats’ top transportation leader in the next Congress, told Transport Topics this week he is hopeful about Congress’ chances of advancing a long-term highway bill before the current law expires in May.

November 19, 2014

Halliburton, Baker Hughes Combine Operations

Two of the nation’s largest oil field service companies, Halliburton Co. and Baker Hughes Inc., agreed to combine operations, a move that company officials said will save an estimated $2 billion a year in expenses.

November 18, 2014

Two Trucking Firms Allege Haslam at Center of Rebate Conspiracy

Two trucking companies alleged in a legal filing last week that Pilot Flying J CEO Jimmy Haslam was at the center of a conspiracy to shortchange them of diesel fuel rebates.

November 17, 2014