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Diesel Dips 0.4¢ to $3.879 a Gallon; Gasoline Also Declines

Diesel dipped 0.4 cent to $3.879 a gallon, stemming two weeks of increases that were the only upturns in the past three months, the Department of Energy reported Dec. 9.

December 10, 2013

Soaring U.S. Crude Output Could Buoy Trucking Industry

The significant growth in U.S. crude oil production, which recently overtook imports for the first time in 18 years, should help trucking by increasing freight volumes and possibly keeping a lid on prices, industry experts said.

December 9, 2013

Lawmaker Proposes 15¢ Increase in Fuel Tax

WASHINGTON — An Oregon congressman has introduced legislation that would boost federal taxes on diesel and gasoline to fill a widening shortfall in the federal government’s main source of transportation funding.

December 9, 2013

Diesel Price Rises 3.9¢

U.S. retail diesel prices rose for a second straight week, with the national average gaining 3.9 cents to $3.883 a gallon, while gasoline declined, the Department of Energy reported Dec. 2.

December 9, 2013

CNG Prices Decline, DOE Says

U.S. retail compressed natural gas prices dropped to their lowest level since July 2012, the Department of Energy reported Dec. 5.

December 5, 2013

FleetCor Announces Two Acquisitions

FleetCor Technologies Inc., a Norcross, Ga.-based provider of fuel cards and workforce payment systems, said it acquired NexTraq, a provider of fleet telematics services, from private equity firm Francisco Partners.

December 5, 2013

DEF Prices Stable in November

North American prices for diesel exhaust fluid changed little in November, with the U.S. price increasing and the Canadian price dipping, said the Dec. 5 issue of DEF Tracker.

December 5, 2013

Trade Deficit Declines for First Time in Four Months

The U.S. trade deficit declined in October for the first time in four months, the Commerce Department reported Dec. 4.

December 4, 2013

OPEC Maintains Oil Output Level

The Organization of Petroleum Exporting Countries decided Dec. 4 to maintain the current crude oil production level until June in an effort to keep prices stable.

December 4, 2013

Blumenauer Seeks 15-Cent Diesel Tax Increase

WASHINGTON — An Oregon congressman has introduced legislation that would nearly double federal taxes on diesel and gasoline to fill a widening shortfall in the federal government’s main source of transportation funding.

December 5, 2013