Speaker John Boehner (R-Ohio) told reporters Jan. 8 he does not think there is sufficient support in his chamber to approve an increase to the federal fuel tax.
January 8, 2015Search
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Senators Discuss Plausibility of Higher Fuel Taxes
Senators are talking about fuel tax increases to pay for transportation — if not actually embracing the idea.
January 8, 2015Trade Gap Shrinks More Than Forecast as US Oil Imports Dry Up
The trade deficit narrowed in November as U.S. petroleum imports sank to the lowest level in more than five years.
January 7, 2015Oil Extends Decline From 5 1/2-Year Low as Glut Persists
Oil fell for a third day, extending its drop from the lowest close since 2009, as record supplies from Iraq and Russia bolstered speculation that a global glut that drove crude into a bear market will persist.
January 5, 2015Diesel Tumbles 7.6¢ to $3.137 as Oil Hits $50 a Barrel
Diesel prices started the new year the way they ended 2014, falling 7.6 cents to $3.137 a gallon as oil prices fell below $50 a barrel for the first time in almost six years.
January 5, 2015Diesel Falls Again to Close Year at $3.213
The average price of U.S. retail diesel fell 6.8 cents a gallon for the final week of the year to $3.213, the U.S. Department of Energy said Dec. 29.
December 29, 2014Diesel Plunges 13.8¢ to Four-Year Low $3.281
The price of diesel plunged 13.8 cents to $3.281 a gallon, the lowest level in four years, the Department of Energy reported Dec. 22.
December 22, 2014Diesel Average Drops 11.6¢ To Lowest Since Jan. 2011
The U.S. retail diesel average continued its downward push last week, plummeting 11.6 cents a gallon to $3.419, the lowest since January 2011, the Department of Energy reported.
December 22, 2014Oil Drops to 5-Year Low on Concern Supply Glut to Worsen
Crude oil dropped to the lowest level in more than five years Dec. 18 on concern a supply glut will worsen.
December 18, 2014Diesel Declines 11.6¢ to $3.419 a Gallon
The average retail price of diesel plummeted another 11.6 cents this week, sending trucking’s main fuel down to $3.419 a gallon, a low not seen in almost four years, the Department of Energy said.
December 15, 2014