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 today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

BusinessFuel

Oil Plunges Almost $17 for Week

Oil took its biggest weekly plunge in more than two years this week, falling almost $17 to near $97 a barrel, Bloomberg reported.

May 6, 2011
PerspectiveFuel

Opinion: Fuel’s Many Costs

Traditionally, fuel has been second only to drivers as the highest variable expense truckload companies face. Since the price of fuel probably isn’t going down anytime soon, this a good time for carriers interested in future prosperity to review the costs associated with fuel.

May 6, 2011
BusinessFuel

Oil Tumbles to Below $100 a Barrel

Crude oil tumbled almost $10 to below $100 a barrel Thursday as commodities dropped the most in two years on concern that economic growth will slow, Bloomberg reported.

May 5, 2011
BusinessFuel

Oil Falls to Two-Week Low Under $109

Oil fell more than $2 Wednesday to a two-week low under $109 a barrel following a report that showed crude supplies reached a six-month high last week, Bloomberg reported.

May 4, 2011
BusinessFuel

Diesel Resumes Rise, Gaining 2.6¢ to $4.124 a Gallon

Diesel resumed its rise after a one-week respite, gaining 2.6 cents to $4.124 a gallon, the highest price since August 2008, while gasoline jumped 8.4 cents to $3.963, the Department of Energy said.

May 3, 2011
BusinessFuel

Oil Drops After U.S. Says Bin Laden Killed

Oil prices dropped by the most in almost seven weeks on speculation that the killing of Osama bin Laden may ease the risk of Middle East supply disruptions, Bloomberg reported Monday.

May 2, 2011
EditorialFuel

The Good With the Bad

Rapidly rising fuel costs are increasing concerns among analysts that the economic recovery could be jeopardized as consumers are pinched by rising prices at the pump and for other goods.

May 2, 2011
BusinessFuel

Diesel Average Dips 0.7¢ as Crude Oil Price Stalls

The average retail price of U.S. diesel declined for only the second time in about four months last week, slipping 0.7 cent to $4.098 a gallon on the coattails of relatively stable crude oil prices, the Department of Energy said.

May 2, 2011
BusinessFuel

Exxon, Shell Post Huge 1Q Profits on High Oil Prices

The world’s two largest oil companies Thursday reported multi-billion-dollar first-quarter profits, up from a year ago, on higher crude oil prices.

April 28, 2011
BusinessFuel

Diesel Dips 0.7¢ to $4.098 a Gallon; Gasoline Gains 3.5¢ to $3.879

Diesel’s national average dipped less than a penny Monday, falling 0.7 cent to $4.098 a gallon, just the second downturn since Thanksgiving, the Department of Energy said Monday.

April 25, 2011