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Diesel Drops 0.7¢ to $3.044 a Gallon as Oil Prices Hold Steady

The U.S. average retail price of diesel dropped by 0.7 cent to $3.044 a gallon, the Department of Energy reported July 22. Meanwhile, crude oil rose to slightly more than $56 a barrel during trading of West Texas Intermediate.

July 22, 2019

Millions of Barrels of Iran Oil Are Sitting in China’s Ports

Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s biggest buyer.

July 22, 2019

Missing in Action on Capitol Hill: A Debate on Infrastructure Funding Policy

Infrastructure policy, which was seen as a bright legislative point at the start of the year capable of reaching President Donald Trump’s desk, is now hardly mentioned by the president and leaders on Capitol Hill.

July 18, 2019

Federal Inactivity Drives State Creativity With Infrastructure Funding

In the absence of a strong federal partner, states clamoring for infrastructure funds have taken financing measures into their own hands.

July 17, 2019

Cummins Executive to US House Panel: Investments in Low-Emissions Technologies Critical

WASHINGTON — Federal policymakers crafting comprehensive transportation legislation should consider enhancing investments in low-emissions technologies across the freight sector, an executive with Cummins Inc. told a congressional panel July 16.

July 17, 2019

Trailer Makers Face California Equipment Efficiency Deadline

Trailer makers intending to sell their products in California beginning Jan. 1 must certify beforehand that the equipment meets the state’s Phase 2 greenhouse gas rule and receive an executive order, according to the California Air Resources Board.

July 16, 2019

Permian Basin Watch: America’s Hottest Shale Play Is Slowing Down

The almost relentless thrust that has doubled crude output from the Permian Basin in three years is showing some signs of waning.

July 16, 2019

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, 2019

Trump 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, 2019

Oil 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, 2019