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Oil Market Embraces Lower-for-Longer Price View as Futures Sink

The global oil surplus increasingly looks like a problem that will take years rather than months to solve — and the market is pricing that in.

July 30, 2015

Agility CEO Engle Stepping Down for Position at General Motors

Agility Fuel Systems CEO Barry Engle will leave his post for an executive vice president position with General Motors, the natural-gas fuel systems manufacturer said July 28.

July 29, 2015

UPS Pledges to Buy 46 Million Gallons of Renewable Diesel

UPS Inc. said it will buy 46 million gallons of renewable diesel over three years, 15 times greater than prior contracts, as the company seeks to further reduce carbon emissions.

July 29, 2015

Diesel Average Sheds 5.9¢ in 9th Straight Decline; $2.723 Is Lowest Price in Six Years

Diesel’s national average price tumbled to its lowest point since 2009 this week, falling 5.9 cents to $2.723 per gallon, according to the July 27 report from the Department of Energy. Gas also fell 5.7 cents.

July 28, 2015

Hillary Clinton Declines to Say Where She Stands on Keystone XL

Hillary Clinton declined to weigh in on the Obama administration’s ongoing deliberations over the Keystone XL oil pipeline July 27, avoiding an issue that has become a litmus test for climate activists.

July 27, 2015

Navistar Challenges Competitors to Fuel-Economy Showdown

Navistar said it invited each of its Class 8 competitors to participate in a performance test comparing fuel economy of their best performing truck against its International.

July 27, 2015

Groups Say Road Funding Threatened by Proposal on Ground Ozone Limit

WASHINGTON — A small change in the limit for ground-level ozone emissions could lead to wide-scale noncompliance of environmental rules and could lead to the federal government’s yanking funding commitments for infrastructure projects, business groups said.

July 27, 2015

Oil Price Falls Into Bear Market Territory

Brent crude oil futures on July 23 settled at their lowest price since April, and U.S. crude fell into bear market territory and ended below $49 a barrel for the first time since late March as persistent concerns about ample supply and shaky demand offset support from the dollar's weakness.

July 23, 2015

Stemco Unveils DataLogger to Test Fuel Efficiency

Stemco announced that it has created a test showing fuel-efficiency gains from using its TrailerTail technology.

July 20, 2015

Michelin Offers New Single Trailer Tire

Michelin Americas Truck Tires is introducing the X One Multi Energy T wide-base single trailer tire in the 455/55R22.5 size.

July 20, 2015