The U.S. average retail price of diesel fell 0.6 cent to $2.310, according to the Department of Energy, while oil prices rallied.
August 15, 2016BusinessFuel
Diesel Falls 3.2¢ to $2.316; Gasoline Dips 0.9¢ to $2.15
The U.S. average retail price of diesel fell 3.2 cents to $2.316, according to the Department of Energy, while oil prices continued to hover below $50 a barrel.
August 15, 2016GovernmentBusinessFuel
GAO: Airports, FAA Missing Out on Billions in Taxes Collected From Truckers
The Federal Aviation Administration — and airports by extension — have missed out on as much as $2 billion in funding over the past decade because of a 2005 provision designed to prevent fraudulent use of noncommercial jet fuel by truckers.
August 12, 2016EquipmentBusinessGovernmentFuelAutonomous
No Gender Gap in Today’s Class 8 Trucks, Tractors
When it comes to differences in average height, weight and strength of male and female Class 8 truck drivers, those differences challenge truck designers to build a vehicle that can be easily used by both genders. Those physical differences can make it difficult for drivers — male or female — to reach the pedals while seeing over the hood, or to open a hood and be able to add engine oil or clean a windshield without having to climb atop a tire.
August 11, 2016BusinessFuel
Diesel Drops 3.2¢ to $2.316
The U.S. average retail price of diesel fell 3.2 cents to $2.316, according to the Department of Energy, while oil prices climbed out of last week’s bear market.
August 8, 2016BusinessFuel
OPEC Plans Informal in September, Sees Oil Dip as Temporary
The Organization of Petroleum Exporting Countries will hold informal talks at a conference in Algiers, Algeria, next month and considers the recent decline in oil prices temporary, the group’s president said Aug. 8.
August 8, 2016BusinessFuel
Diesel Drops 3.1¢ to $2.348; Oil in Sharp Decline
The U.S. average retail price of diesel fell 3.1 cents to $2.348, the Department of Energy said, amid high fuel inventories plus falling crude oil prices that are approaching a bear market.
August 1, 2016BusinessFuel
Daimler Challenges Tesla With Its Own Electric-Truck Pledge
Daimler subsidiary Mercedes-Benz outlined plans to start selling an electric heavy-duty truck in about five years, a week after Tesla Motors Inc.’s initial sketch on battery-powered commercial vehicles failed to impress investors.
July 27, 2016BusinessFuel
Diesel Drops 2.3¢ to $2.379 a Gallon
The U.S. average diesel retail price declined 2.3 cents to $2.379, the Department of Energy reported.
July 25, 2016BusinessFuel
Global Oil Market 'Severely Oversupplied' With Gasoline, Analysts Say
The global oil market is "severely oversupplied" with gasoline — with stocks at a five-year high — serving as a blow to crude prices from next month, reckon Morgan Stanley analysts led by Adam Longson.
July 25, 2016