Royal Dutch Shell agreed to buy BG Group Plc for about $70 billion (47 billion pounds) in cash and shares, the oil and gas industry’s biggest deal in at least a decade.
April 8, 2015Search
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Gas Tops Diesel for First Time Since ’09 as Calif. Refinery Outages Pinch Supply
The national average price of diesel fuel fell below gasoline for the first time in almost six years after diesel dipped and soaring gas prices in California caused the fuel’s national figure to jump.
July 20, 2015
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Marten Transport, CSX Profits Rise 5%; Lower Fuel Prices Aid Both in 2nd Qtr.
Marten Transport Ltd. and CSX Corp. last week kicked off the reporting season for second-quarter earnings with each posting 5% growth in profits.
July 20, 2015BNSF Oil-Train Derailment Sets Tank Cars on Fire in North Dakota
A BNSF Railway train carrying crude oil derailed in North Dakota, setting several tank cars on fire and prompting the evacuation of nearby residents, U.S. and local authorities said.
May 6, 2015Diesel Average Hits Five-Year Low
Diesel’s national average retail price fell to a five-year low, dropping 4 cents to $2.824 a gallon, the Department of Energy reported.
April 6, 2015Diesel Falls 5.3¢ to $2.864 in Second Weekly Price Drop
Diesel’s national average price dropped 5.3 cents to $2.864 a gallon, the second consecutive weekly decline after five straight increases, the Department of Energy reported March 23.
March 30, 2015Diesel Average Falls Below $3 for First Time Since Sept. 2010
For the first time since September 2010, the national retail average price for a gallon of diesel fuel is below $3 a gallon, which means trucking executives are both spending less money and pulling in less revenue as fuel surcharge receipts dwindle.
January 26, 2015Diesel Rises 5.4¢ in First Gain Since June
Diesel’s national average price rose for the first time since June, gaining 5.4 cents to $3.677 a gallon, the Department of Energy reported Nov. 10. Meanwhile, the national average price of gasoline fell again, by 5.2 cents to $2.941 a gallon.
November 10, 2014Fuel Prices Continue to Decline as Oil Drops Below $80 a Barrel
Diesel’s national average pump price continued to drop last week, falling 1.2 cents to $3.623 a gallon, while retail gasoline slid below the $3 mark for the first time in almost four years, the Department of Energy reported.
November 10, 2014Railroads Press Against Proposals to Slow Oil Trains
U.S. railroads are rallying customers, including lumber and steel companies, to fight a government proposal to slow trains hauling crude oil.
October 16, 2014