Oil fell below $50 a barrel for the first time in almost two years, as recession in the United States, Europe and Japan cut global energy demand, Bloomberg reported Thursday.
November 20, 2008Government, Business, Fuel
Oil Drops Below $50 a Barrel
Fuel, Business, Logistics, Government
Diesel Continues to Slide, Dropping 13.5瞽 to $2.809
Diesel fuels national average price continued to slide, falling another 13.5 cents to $2.809 a gallon, the Department of Energy said Monday.
November 18, 2008Business, Government, Safety, Fuel
Obama May Reverse Bush Policy on Denial of Emissions Waiver
Reversing Bush administration policies, including its denial of Californias request for a waiver allowing the state to regulate automobile greenhouse-gas emissions, could be high on President-elect Barack Obamas agenda in January, some observers said.
November 17, 2008Government, Business, Safety, Fuel, Logistics
Canadian Report Highlights Biodiesel Concerns
Adding biodiesel to Canadas existing fuel storage, blending and distribution infrastructure could spur a host of problems for the country's distillate market, the Canadian Trucking Association said.
November 17, 2008Business, Fuel, Logistics
TT Logistics 50: Shippers, Carriers Seek Solutions to Logistics Challenges
Logistics companies face significant new challenges as both shippers and carriers look for ways to cope with financial turmoil, volatile fuel costs and slumping demand for goods and services.
November 17, 2008Government, Business, Safety, Fuel
Diesel Hits 14-Month Low
The U.S. average retail diesel price dropped 14.4 cents to $2.944 a gallon last week, falling below $3 for the first time in 14 months, and is expected to drop even further next year, the U.S. Department of Energy said.
November 17, 2008Government, Business, Fuel
SoCal Ports Delaying Clean-Trucks Fee
The ports of Los Angeles and Long Beach, Calif., which were to have begun collecting a clean trucks fee Monday, said they will delay the fee collection pending resolution of outstanding regulatory issues.
November 14, 2008Fuel, Business, Government
DOE Slashes Fuel-Price Outlook for 2009
The Energy Department sharply cut its price forecasts for crude oil, diesel and gasoline for next year, citing lower world demand in a sluggish global economy.
November 12, 2008Fuel, Business
FedEx Targets Boosting Fleet Fuel Efficiency 20% by 2020
FedEx Corp. said Wednesday it plans to improve the fuel efficiency of its FedEx Express vehicle fleet by 20% and reduce carbon dioxide emissions from its aircraft fleet by 20% by 2020.
November 12, 2008Fuel, Business, Logistics, Government
Diesel Falls Below $3 a Gallon
Diesel fuels national average price fell below $3 for the first time since September 2007, dropping 14.4 cents to $2.944 a gallon, the Department of Energy reported.
November 12, 2008