Fuel News

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers todays fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

BusinessFuel

Trump to Shift Biofuel Blending Burden Off US Refiners: Sources

President Trump intends to revamp the national biofuels program to ease regulations on oil refiners while providing new incentives for ethanol and biodiesel production, people familiar with the plan told Reuters on Feb. 28.

February 28, 2017
BusinessFuel

Diesel Rises 0.5瞽 to $2.577

The U.S. average retail price of diesel rose 0.5 cent to $2.577 a gallon,diesels third increase after four consecutive weekly declines, the Department of Energy reported Feb. 27.

February 27, 2017
GovernmentBusinessTechnologySafetyFuelLogisticsAutonomous

ATA Voices Support for New NACV Show

American Trucking Associations will be a supporter of the new North American Commercial Vehicle Show that debuts in Atlanta on Sept. 25-29.

February 27, 2017
BusinessFuel

Diesel Inches Up 0.7瞽 to $2.572 a Gallon

The U.S. average retail price of diesel rose 0.7 cent to $2.572 a gallon as the stronger bite of OPEC production cuts lifted the price of crude to nearly $54 a barrel, analysts said.

February 21, 2017
BusinessFuel

Crude Oil Could Plunge to as Low as $30 a Barrel

Crude prices could plunge toward $30 a barrel a rout of about 40% from current levels unless OPEC extends production cuts that are propping up the market, ABN Amro Bank NV said.

February 21, 2017
BusinessGovernmentSafetyLogisticsFuel

XPOs Jacobs Sees E-Commerce as Key to Robust Growth in 2017

KEY BISCAYNE, Fla. XPO Logistics Inc. CEO Brad Jacobs wont rest on turning a profit with a company that lost money as recently as 2015, telling Transport Topics that hell double down on growing on the e-commerce wave through contract logistics, less-than-truckload and last-mile delivery services.

February 20, 2017
BusinessFuel

Shale Drilling on a Roll as OPEC Cuts Keep Oil Above $50

Shale wildcatters pushed ahead on the biggest surge in U.S. oil drilling since 2012 as explorers take advantage of prices above $50 for more than two months.

February 17, 2017
GovernmentBusinessSafetyLogisticsFuel

Underinvestment in Freight Infrastructure Will Hurt Economy, Schneider CEO Says

WASHINGTON The country's freight transportation network must be modernized and expanded to handle the projected increase in freight volume, Schneider International Inc.'s top executive told a Senate panel Feb. 15.

February 15, 2017
GovernmentFuelBusiness

Red States Alaska, Oklahoma Seriously Mulling Fuel-Tax Hikes

Oklahoma and Alaska are about as red as states can be. Oklahoma has only elected Republicans to the Senate going back to 1994. Republican Don Young has been Alaskas only congressman since 1973. However, both states are considering raising fuel-tax rates for the first time since the 1980s.

February 14, 2017
BusinessFuel

Diesel Rises 0.7瞽 to $2.565

The U.S. average retail price of diesel rose 0.7 cent to $2.565 a gallon as crude oil prices remained near $53 a barrel and OPEC made production cuts while U.S. output continued to rise, analysts said.

February 13, 2017