fuel News Updates

Fuel

National Average Price of Diesel Falls for Sixth Week, Slipping 1.1瞽 to $2.832

The national average price of diesel declined 1.1 cents to $2.832 per gallon, marking its sixth consecutive weekly decrease, the Department of Energy reported July 6.

July 6, 2015
FuelBusiness

Graves Urges Fuel-Tax Hike

WASHINGTON American Trucking Associations President Bill Graves again told lawmakers that raising federal fuel taxes is the best approach for paying for infrastructure projects, a position congressional leaders charged with uncovering more funding reject.

June 22, 2015
BusinessFuel

Diesels National Average Price Rises 3.5瞽 to $2.90 a Gallon

Diesels national average retail price continued its recent string of increases, gaining 3.5 cents to $2.90 a gallon, the highest level in five weeks, the Department of Energy reported.

February 24, 2015
Fuel

Hot Fuel Cases Move Toward Final Settlement

A federal court has scheduled a June 9 hearing to give potential final approval for a series of lawsuits in a long-running hot fuel case, after giving preliminary approval to settlements with 28 oil and fuel retailers.

January 29, 2015
Fuel

Diesel Falls Again to Close Year at $3.213

The average price of U.S. retail diesel fell 6.8 cents a gallon for the final week of the year to $3.213, the U.S. Department of Energy said Dec. 29.

December 29, 2014
Fuel

Diesel Average Drops 11.6瞽 To Lowest Since Jan. 2011

The U.S. retail diesel average continued its downward push last week, plummeting 11.6 cents a gallon to $3.419, the lowest since January 2011, the Department of Energy reported.

December 22, 2014
Fuel

Oil Rout Puts $24 Billion of Truck Fuel Savings in Play

As shippers of everything from toys to tools enjoy as much as $24 billion in savings from lower diesel surcharges next year, trucking companies see an opening to raise freight rates at a pace not seen in about a decade.

December 11, 2014
GovernmentFuelBusiness

Rep. Petri Supports Bill That Would Raise Fuel Taxes

Tom Petri (R-Wis.), the outgoing chairman of the subcommittee on highways, said he will become a co-sponsor of a bill that would increase federal fuel taxes to support the nations transportation system.

December 2, 2014
Fuel

Fleets Deploy Fuel-Saving Technologies Designed to Curb Wasted Miles, Time

Maximizing fuel economy requires a lot more than a light touch on the accelerator pedal; it demands scrutiny of every mile and every moment that a truck is on the road. And factory-installed technologies and those installed on trucks from the aftermarket can help fleets do just that, executives and managers said.

December 1, 2014
Fuel

Diesel Average Falls 3.3瞽 to $3.628

The U.S. retail diesel average fell 3.3 cents to $3.628 a gallon last week as the Midwest continued to recover from a brief price spike in November, the Department of Energy reported.

December 1, 2014