Oil rose over $85 a barrel in early trading Monday, after taking its biggest drop in two weeks on Friday, Bloomberg reported.
July 9, 2012BusinessGovernmentSafetyFuelAutonomous
J.D. Power: Buyer Satisfaction Declines Under Burden of 2010 Emissions Rules
Satisfaction with model-year 2011 trucks suffered as a result of technology added to comply with 2010 federal emissions regulations, which resulted in customers’ reporting more problems with the trucks, a recent J.D. Power and Associates’ survey found.
July 9, 2012Fuel
U.S. Bank Expands to Service Classes 7-8 With Purchase of TransCard’s Fuel Card
U.S. Bank said it purchased TransCard’s Classes 7-8 fuel card product to expand its offerings to the heavy-duty truck market, with truckload firm U.S. Xpress Enterprises as its initial customer.
July 9, 2012BusinessFuel
Fuel Drops for 12th Week, Diesel Average at $3.648, but Oil Price Spikes
Retail diesel prices declined for a 12th straight week, dipping 3 cents a gallon to $3.648, the Department of Energy reported, but a spike in crude oil prices could signal an end to the downturn.
July 9, 2012BusinessFuel
Diesel Falls Another 3¢ to $3.648 a Gallon; Price Has Plunged 50¢ in Three Months
Diesel’s national average pump price fell for a 12th straight week, declining 3 cents to $3.648 a gallon, while gasoline fell for a 13th week, the Department of Energy said.
July 3, 2012BusinessFuel
Oil Falls Following Friday’s $7 Surge
Oil fell more than $1 in early trading Monday after jumping more than $7 on Friday to finish last week near $85 a barrel, Bloomberg reported.
July 2, 2012BusinessGovernmentFuelAutonomous
UPS to Add ‘Plastic’ Trucks to Existing Delivery Fleet
UPS said it has completed testing of its “plastic truck,” a composite-bodied vehicle that’s lighter and uses 40% less fuel than its current package cars, and will soon add 150 of the new vehicles to its delivery fleet.
July 2, 2012BusinessFuel
Diesel Dips Another 5.1¢ to 16-Month Low of $3.678 Per Gallon
Retail diesel prices tumbled another 5.1 cents to $3.678 last week, the lowest level in 16 months, the U.S. Department of Energy reported.
July 2, 2012BusinessFuelGovernment
Court Upholds EPA on Greenhouse Gas Emissions
A federal appeals court backed the Obama administration's campaign to limit greenhouse-gas emissions, the Wall Street Journal reported Wednesday.
June 27, 2012BusinessFuel
Oil, Gas Production Curbing U.S. Imports, Journal Reports
Expanded U.S. oil and natural gas production could cut oil imports in half by 2020 and end them by 2035, the Wall Street Journal reported Wednesday.
June 27, 2012