WASHINGTON Transportation Secretary Anthony Foxx said the Obama administration still believes there is a better way to raise the money needed to upgrade the nations highway infrastructure than to raise the federal fuel tax.
February 20, 2014BusinessFuel
Wal-Mart Unveils Concept Design for Rig With Hybrid Power, Lightweight Materials
Wal-Mart Stores Inc. has unveiled a concept tractor-trailer that includes a hybrid-electric powertrain and the first-ever trailer made from a solid sheet of lightweight carbon fiber.
February 24, 2014BusinessFuel
Cold Weather Lifts Diesel
Bitter winter weather in much of the United States drove up diesel, crude oil and gasoline prices again last week, with all hitting their highest levels in at least four months, analysts said.
February 24, 2014Fuel
Diesel Rises 1.2 Cents a Gallon to $3.989; Gasoline Up 7.1 Cents
U.S. retail diesel and gasoline prices rose for the week, the Department of Energy said Feb. 18 after its weekly surveys of fueling stations.
February 19, 2014BusinessGovernmentSafetyFuelAutonomous
Industry Reacts Quickly to Obamas Truck Emissions Proposal
Reaction to President Obamas call for tighter carbon dioxide emissions rules for trucks poured in quickly with the first wave of comment generally offering approval, although there were also calls for caution, including from American Trucking Associations.
February 19, 2014GovernmentBusinessFuel
Senators Sponsor Bill to Reinstate Biodiesel Tax Credit
Sens. Maria Cantwell (D-Wash.) and Chuck Grassley (R-Iowa) have introduced a bill that would reinstate the $1-per-gallon tax credit for biodiesel producers that expired last year.
February 18, 2014GovernmentFuel
Plaintiffs Dismiss Hot Fuel Cases
The plaintiffs in a set of 2006 cases against fuel retailers for selling hot fuel have dismissed the cases, the Kansas City Business Journal reported.
February 18, 2014BusinessFuel
Diesel Jumps 2.6瞽 to $3.977
The U.S. diesel average rose 2.6 cents last week to $3.977 a gallon, the third straight increase that has pushed prices up more than a dime, the Department of Energy reported.
February 17, 2014Fuel
Diesel to Average $3.83 This Year, DOE Says
The Department of Energy raised its outlook for 2014 U.S. retail diesel prices by 2 cents to $3.83 a gallon, the second straight month in which it projected an increase.
February 11, 2014Fuel
Diesel Rises Again, Climbing 2.6瞽 to $3.977
Diesels national average retail price continued its recent ascent, gaining 2.6 cents to $3.977 a gallon as oil topped $100 a barrel for the first time this year, the Department of Energy reported Feb. 10.
February 11, 2014