The U.S. average retail price of diesel continued to drop, falling 2.1 cents to $3.011 a gallon, the Department of Energy reported Aug. 12.
August 12, 2019Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Portugal May Declare Civil Order to Counter Fuel Supply Shortage
Portugal may declare a civil order to ensure that truck drivers, who began a strike Aug. 12, deliver enough fuel to stop gas stations across the country from running dry at the height of the country’s tourism season, Prime Minister Antonio Costa said.
August 12, 2019Russia, Iran, Others Debate How to Divide Caspian Oil Riches
TURKMENBASHI, Turkmenistan — Five countries bordering the energy-rich Caspian Sea met Aug. 12 at an economic forum hosted by Turkmenistan in a bid to agree on how to divide the region’s oil wealth.
August 12, 2019Oil Jumps Most in Month as Saudi Action Outweighs Demand Worries
Oil surged the most in nearly a month as investors digested Saudi Arabia’s latest plan to help stabilize prices following a large dip earlier in the week that was fueled by demand concerns.
August 9, 2019Experts to Dissect Industry Trends, Insights at ATA Economic Summit
Experts in the fields of manufacturing, logistics and the petroleum industry are scheduled to participate in American Trucking Associations’ economic summit in September.
August 9, 2019Exxon Is Discouraging Witnesses in Climate Suit, N.Y. Says
New York accused Exxon Mobil Corp. of trying to discourage potential witnesses in a state lawsuit alleging the oil and gas company misled investors about the financial impact of climate change.
August 8, 2019Trump’s Bid to Ease Auto Rules Would Hike Fuel Costs, Study Says
President Donald Trump’s plan to freeze U.S. vehicle efficiency standards would hike costs for motorists without doing anything to boost highway safety, according to an analysis by Consumer Reports that undermines the administration’s chief talking points in favor of the move.
August 7, 2019Pipelines Add Room on ‘Unrelenting’ Demand for Canada’s Oil
U.S. refiners want more Canadian oil, and pipeline companies are finding ways to get it to them. Companies are adding space to their congested oil export pipelines from Canada even as plans for bigger expansions and new lines face delays.
August 2, 2019EPA IG Finds Study Critical of Glider Emissions Was Properly Conducted
A U.S. Environmental Protection Agency’s Inspector General audit has given a 2017 agency study critical of glider truck emissions a clean bill of health.
August 1, 2019Keystone XL Pipeline Inches Forward as Order Blocking Work Is Lifted
TC Energy Corp.’s $8 billion Keystone XL crude oil pipeline is inching forward after a court injunction that stopped work on the project was been lifted.
August 1, 2019