The almost relentless thrust that has doubled crude output from the Permian Basin in three years is showing some signs of waning.
July 16, 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.
Diesel Drops 0.4¢ to $3.051 a Gallon as Barry Dissipates
The U.S. average retail price of diesel dropped by 0.4 cent to $3.051 a gallon, the Department of Energy reported July 15. Meanwhile, crude oil slid to less than $59 a barrel during trading of West Texas Intermediate.
July 15, 2019Trump Defends Refinery Waivers by Noting Expanded Ethanol Sales
President Donald Trump has cited his move to allow year-round sales of high-ethanol gasoline as farmers pressure him to dial back decisions to exempt oil refineries from biofuel-blending mandates, signaling the president sees the two issues as related.
July 11, 2019Oil Trades Near Seven-Week High Amid Gulf Storm, 2020 Outlook
Oil traded near a seven-week high as supply risks from a storm in the Gulf of Mexico and falling U.S. stockpiles were countered by a weak market outlook from OPEC in 2020.
July 11, 2019EPA: Day Cabs Can Qualify for SmartWay Designation
Day cabs — especially those with a high roof and pulling a box trailer — can qualify for SmartWay designation that signifies the equipment significantly lowers fuel use and reduces air pollution, the Environmental Protection Agency said.
July 10, 2019Canadian Oil Firms Offer to Ship by Rail if Output Limits Ease
Canada’s oil-sands producers are offering to commit to shipping a certain amount of their crude by rail in return for the Alberta government raising its production limits.
July 9, 2019Diesel Rises 1.3¢ to $3.055 a Gallon
The U.S. average retail price of diesel rose 1.3 cents to $3.055 a gallon, the Department of Energy reported July 8. Crude slid to less than $58 a barrel, then rebounded later in the week to just above $60.
July 8, 2019CARB Fines Anheuser-Busch $500,000 for Pollution Violations
Wrapping up an investigation begun four years ago, the California Air Resources Board announced July 1 it fined brewing company Anheuser-Busch $500,000 for medium- and heavy-duty trucks that violated the state’s air pollution laws.
July 8, 2019Senate Panel Schedules July 10 Hearing on Highway Reauthorization Priorities
Senate surface transportation leaders will meet July 10 to examine the merits of having a long-term highway policy bill on the books.
July 8, 2019US Biofuel Quotas Would Get Modest Bump Under EPA Proposal
The Trump administration on July 5 advanced plans to modestly lift U.S. biofuel-blending targets, while dodging fights over how frequently to waive refineries from the quotas and how to offset those exemptions.
July 5, 2019