diesel News Updates

Business

Bill Seeks to End 12% Truck Tax and Raise Diesel Fuel Levy 6.3¢

A proposal to eliminate the 12% federal excise tax on new trucks and trailers and to raise the federal diesel tax 6.3 cents to make up for the lost revenue to the Highway Trust Fund was introduced in the U.S. House of Representatives.

April 9, 2012
BusinessFuel

Diesel Average Dips 0.5¢ for First Decline in 10 Weeks

Retail diesel prices dipped 0.5 cent last week to $4.142 a gallon, interrupting a price advance that had raised the price of trucking’s main fuel nearly 30 cents over the previous nine weeks, the Department of Energy reported.

April 9, 2012
BusinessFuel

Diesel Dips a Half-Cent to $4.142; Gasoline Rises Again

Diesel fell for the first time in 10 weeks, dipping half a cent to $4.142 a gallon, while gasoline rose for the 10th straight week, the Department of Energy said Monday.

April 3, 2012
BusinessFuel

Truck, Engine Makers See Natural Gas as Practical Alternative to Diesel Fuel

LOUISVILLE, Ky.—Truck and engine manufacturers at the Mid-America Trucking Show here declared natural gas the victor in the industry’s search for a practical alternative fuel to diesel, saying they could have three different types of natural-gas engines by 2013 and a nationwide network of 100 fueling stations that offer it by 2014.

April 2, 2012
BusinessFuel

DOE Considers Opening SPR, Official Says, as Diesel Rises 0.5¢

U.S. retail diesel prices edged up a half-cent a gallon last week, continuing a nine-week string of increases and bringing the national average to $4.147 a gallon, the Department of Energy reported.

April 2, 2012
BusinessFuel

Diesel Gains a Half-Cent to $4.147; Gas Gains a Nickel to $3.918

Diesel rose 0.5 cents to $4.147 a gallon, its highest price since the record-setting summer of 2008, while gasoline rose more than a nickel, the Department of Energy reported.

March 27, 2012
BusinessFuel

U.S. Distillate Exports Rising, Even as Diesel Reaches $4.142

Even as U.S. diesel prices rose last week to the highest levels since 2008, the United States is continuing to export more of the fuel overseas, according to Department of Energy figures.

March 26, 2012
BusinessFuel

Diesel Rises 1.9¢ to $4.142; Price Is Highest Since August 2008

Diesel rose 1.9 cents to $4.142 a gallon, its highest price since the record-setting summer of 2008, while gasoline also rose, the Department of Energy reported.

March 20, 2012
BusinessAutonomous

Carrier Says Truck Fire Probably Caused by Defect in Detroit Diesel Engine

At least one major motor carrier said it had a truck fire related to a defect in Detroit Diesel engines that was the subject of a recent recall, but other fleets using the Detroit engines made by Daimler Trucks North America either didn’t comment or said they had not experienced problems.

March 19, 2012
BusinessFuel

Diesel Jumps 2.9¢ to $4.123; Gasoline Rises 3.6¢ to $3.829

Diesel prices continued to climb, as the national average price rose by 2.9 cents to $4.123 a gallon last week, according to the Department of Energy.

March 19, 2012