Reaction to the Obama administration’s first-of-their-kind regulations limiting fuel consumption and carbon dioxide emissions in heavy trucks was almost unanimously positive from trucking, truck and engine manufacturers, environmental groups and others.
August 18, 2011Business, Fuel
Diesel Dips 6.2¢ to $3.835
The national average price of diesel fuel declined for a third straight week, dipping 6.2 cents to an almost six-month low of $3.835 a gallon, according to the Department of Energy.
August 22, 2011Government, Fuel
Fuel Economy Rules Praised by Most Trucking Interests
Government, Fuel
L.A., Long Beach Ports Settle Emissions Lawsuit
Seven terminal operators at the ports of Los Angeles and Long Beach have reached a settlement in a lawsuit alleging the terminals were in violation of diesel emission standards, the Los Angeles Times reported.
August 17, 2011Business, Fuel
Diesel Drops 6.2¢ to $3.835 in Third Straight Decline
Diesel’s national average pump price fell for a third straight week, declining 6.2 cents to $3.835 a gallon, while gasoline dropped 7 cents to $3.604, the Department of Energy reported.
August 16, 2011Business, Fuel
Gasoline Falls 9¢ in Three Weeks to $3.61, Lundberg Survey Says
Gasoline’s national average price fell 9 cents in the past three weeks to an average $3.61 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
August 15, 2011Business, Fuel
Oil Falls on Concerns Over Housing, Economic Data
Oil fell almost $1 early Monday in advance of this week’s economic reports on housing indicators, Bloomberg reported.
August 15, 2011Government, Fuel
Obama Sets Truck Fuel-Efficiency Standards
President Obama last week set heavy-truck fuel-economy standards for the first time, unveiling regulations that mandate a 20% cut in fuel use and address the complicated broad universe of vehicle sizes and applications in a plan that both operators and manufacturers applauded.
August 15, 2011Business, Fuel
Diesel Average Slips 4¢ to $3.897 a Gallon
The average price of a gallon of U.S. diesel slid 4 cents to $3.897 last week, the Department of Energy reported, while crude oil declined along with equity markets.
August 15, 2011Business, Fuel
Oil Finishes Week Over $85 a Barrel
Oil fell 34 cents Friday, finishing the New York Mercantile Exchange trading week at $85.38 a barrel, Bloomberg reported.
August 12, 2011Business, Fuel, Government
Trade Deficit Expands to $53.1 Billion
The U.S. trade deficit rose 4.4% in June to $53.1 billion as exports fell by the most in two-and-a-half years, the Commerce Department said Thursday.
August 11, 2011