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Oil Extends Rally as Record US Shale Drilling Boom Stutters

Oil extended the longest run of gains in six months after U.S. shale explorers paused a record drilling expansion in a sign the boom may be slowing down.

June 30, 2017

Record Number of Motorists Expected on Roads on July 4 Holiday

The number of Americans traveling by car for the Fourth of July holiday will hit a record high this year, fueled by a growing economy and relatively low gasoline prices, the nation’s largest motorists’ advocacy group said June 29.

June 29, 2017

Volvo Touts New Piston Design That Helps Enhance Fuel Efficiency

A new design in engine pistons is increasing fuel efficiency and reducing particulate matter in Volvo Trucks North America’s heavy-duty D11 and D13 engines.

June 29, 2017

Gas Prices See Record Lows Just in Time for Holiday Weekend

National gasoline prices are hovering at an all-time low for the year at $2.26 per gallon — the lowest they’ve been since February, according to auto club AAA.

June 27, 2017

Diesel Falls to New Yearly Low of $2.465 a Gallon

The U.S. average retail price of diesel set a new low for the year, falling 2.4 cents to $2.465 a gallon, the Department of Energy reported.

June 26, 2017

Diesel Drops 3.5¢ to $2.489 for Year’s Low

The U.S. average retail price of diesel dropped 3.5 cents to $2.489 a gallon, while the stubborn glut of crude caused oil prices to tumble to about $43 a barrel — a range last seen in early August — and into a bear market, experts said.

June 23, 2017

EFS Launches Its Largest Discount Fuel Network

Payment solutions provider EFS launched its largest fleet savings network to give smaller over-the-road fleets a competitive edge.

June 26, 2017

Cummins to Offer Option of Electric Engines by 2019

Cummins Inc. will have a fully electrified powertrain system available for commercial customers by 2019 and a range-extended electric truck ready in 2020, and is developing its next-generation heavy-duty diesel engine, the Columbus, Ind.-based company said.

June 26, 2017

Diesel Drops 3.5¢ to $2.489; Oil Tumbles to $43 a Barrel

The U.S. average retail price of diesel dropped 3.5 cents to $2.489 a gallon, while the stubborn glut of crude caused oil prices to tumble to about $43 a barrel — a range last seen in early August — and into a bear market, experts said.

June 21, 2017