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Diesel Holds at $2.889; Gas Drops 9.1¢ to $2.958

Diesel fuel’s national average pump price held at last week’s level of $2.889 a gallon, while gasoline plunged 9.1 cents to $2.958, the Department of Energy said Monday.

July 24, 2007

Oil Closes Near $76 a Barrel

Crude oil briefly touched $76 a barrel for the first time in 11 months before closing just below that level on Thursday, the Associated Press reported.

July 19, 2007

Trucking Groups Back Tax Breaks for Onboard Power Units

American Trucking Associations and the Canadian Trucking Alliance Tuesday urged state and provincial governments to revise their fuel tax systems to encourage truckers to use truck idling reduction technology.

July 17, 2007

Volvo, Mack to Research Engine Efficiency

Volvo AB and Mack Trucks have agreed to develop a heavy-duty diesel engine that would use 10% less fuel and emit 10% less carbon dioxide than 2007 engines under a new agreement between the U.S. and Swedish governments.

July 16, 2007

Diesel Rises 4¢ to $2.889; Gas Jumps 6.8¢ to $3.049

Diesel fuel’s national average price jumped 4 cents in the past week to $2.889 a gallon, the highest price since September, the Department of Energy said Monday.

July 17, 2007

Import Prices Rise 1% in June

The price of goods imported to the United States rose for a fifth straight month in June, on higher fuel costs, the Labor Department reported Friday.

July 13, 2007

Crude Oil Closes Week Near $74 a Barrel

Crude oil futures spiked $1.43 to close the week at $73.93 a barrel on the New York Mercantile Exchange, the highest price in almost a year, Bloomberg reported Friday.

July 13, 2007

Some Fleets Pleased With ’07 Engines

Truckers who have purchased heavy-duty tractors with 2007 engines say the vehicles have run as well, if not better, than previous engines in terms of fuel, performance, reliability and maintenance.

July 16, 2007

Diesel Rises 2¢ to $2.849

The national average price of retail diesel and gasoline both increased last week, the Department of Energy reported, at the same time it was projecting the fuels will continue to climb for the remainder of the summer.

July 16, 2007