fuel News Updates

BusinessEquipmentFuelLogistics

Growing Economy Boosts Fuel Demand to Decade High

A growing U.S. economy sparked a jump in fuel demand from companies and travelers in June, which may help to ease a persistent supply glut.

July 31, 2017
GovernmentFuel

Record Number of Motorists Expected on Roads on July 4 Holiday

The number of Americans traveling by car for the Fourth of July holiday will hit a record high this year, fueled by a growing economy and relatively low gasoline prices, the nation’s largest motorists’ advocacy group said June 29.

June 29, 2017
BusinessFuelLogistics

Gas Prices See Record Lows Just in Time for Holiday Weekend

National gasoline prices are hovering at an all-time low for the year at $2.26 per gallon — the lowest they’ve been since February, according to auto club AAA.

June 27, 2017
BusinessFuel

Diesel Drops 3.5¢ to $2.489 for Year’s Low

The U.S. average retail price of diesel dropped 3.5 cents to $2.489 a gallon, while the stubborn glut of crude caused oil prices to tumble to about $43 a barrel — a range last seen in early August — and into a bear market, experts said.

June 23, 2017
Fuel

Diesel Drops 3.5¢ to $2.489; Oil Tumbles to $43 a Barrel

The U.S. average retail price of diesel dropped 3.5 cents to $2.489 a gallon, while the stubborn glut of crude caused oil prices to tumble to about $43 a barrel — a range last seen in early August — and into a bear market, experts said.

June 21, 2017
BusinessFuel

Oil Prices Slide, Diesel Falls 3.5¢ to $2.489 a Gallon

The U.S. average retail price of diesel dropped 3.5 cents to $2.489 a gallon, while the stubborn glut of crude caused oil prices to tumble to about $43 a barrel — a range last seen in early August — and into a bear market, experts said.

June 19, 2017

Diesel Falls 4¢ to $2.524 a Gallon; Oil Still Below $47 a Barrel

The U.S. average retail price of diesel dropped 4 cents to $2.524 a gallon, while crude oil prices remained below $47 a barrel.

June 12, 2017
Fuel

Diesel Slips 0.7¢ to $2.564, Gas Rises to $2.414

U.S. diesel and gasoline prices each made modest moves during the week ended June 5 but in different directions. Diesel slipped 0.7 cent a gallon and gas rose 0.8 cent, while crude oil dropped toward this year’s low point below $46 a barrel.

June 12, 2017
BusinessFuelGovernment

Indiana Approves 10¢ Motor Carrier Surcharge Increase

Along with increasing its diesel tax by 10 cents, Indiana recently approved a 10-cent increase to a surcharge tax for trucks.

May 14, 2017