Oil prices rose almost $2 to a six-month high of more than $62 a barrel Wednesday after a Department of Energy report showed that inventories fell last week, Bloomberg reported.
May 20, 2009Search
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Diesel Inches Up to $2.231
The national diesel fuel average rose 1.5 cents a gallon last week, while gasoline posted a much larger 6.9-cent jump, widening the gap between the two fuels as gas stockpiles declined ahead of the traditional Memorial Day start of summer driving season.
May 25, 2009
TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Â
Obama Unveils New Emissions Standards
President Obama Tuesday outlined his administration’s comprehensive plan to curb emissions from cars and light trucks, saying the rules would cut dependence on imported oil and move the United States toward a “clean energy†economy, the Associated Press reported.
May 19, 2009Diesel Rises 1.5¢ to $2.231; Gas Gains 6.9¢
The national average price of diesel fuel rose for a second straight week, gaining 1.5 cents to $2.231 a gallon, the Department of Energy said.
May 19, 2009April Consumer Price Index Unchanged
The consumer price index was unchanged in April, though prices excluding food and fuel rose, the Labor Department said Friday.
May 15, 2009Trucking Hit by ‘Perfect Storm,’ Hebe Says
SAN DIEGO — A “perfect storm†of a nose-diving economy, high fuel prices and governmental missteps have all combined to ravage the trucking industry and the companies that supply its equipment, according to Jim Hebe, senior vice president of North American sales for Navistar Inc.
May 18, 2009Volvo Backs Use of Longer, Heavier Trucks
BOSTON — Volvo Trucks joined the argument over allowing longer, heavier trucks on U.S. highways, saying Congress should allow them on the interstate system to relieve congestion, increase productivity, conserve fuel and cut greenhouse gas emissions.
May 18, 2009EPA’s Record Budget Plan Spurs Debate in Congress Over Carbon Emissions
Details of the Environmental Protection Agency’s record $10.5 billion fiscal 2010 budget proposal — a 37% increase — quickly set off a partisan debate in Congress last week over the agency’s plans to regulate greenhouse gas emissions.
May 18, 2009Executive Cites Factors Affecting Trucking, Class 8 Sales
SAN DIEGO — A “perfect storm†of a weak economy, high fuel prices and governmental missteps have led to a 70% drop in new-truck sales in North America, according to Jim Hebe, senior vice president of North American sales for Navistar.
May 12, 2009Diesel to Average $2.26 This Year, DOE Says
The Energy Department said diesel fuel will average $2.26 a gallon this year, down 4 cents from a previous forecast and well below the $3.80 average of last year.
May 13, 2009