The Environmental Protection Agency announced the final rule that sets the biomass-based diesel statutory minimum requirement at 2.43 billion gallons for 2021, the same level as the 2020 requirement.
February 5, 2020Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Coronavirus Has Oil Traders Seeking Ships to Hoard Unsold Crude
Oil traders and sellers are making more inquiries for supertankers to hoard crude at sea in the latest indication of the crushing impact the coronavirus is having on demand in the world’s biggest importer.
February 5, 2020CARB Launches Zero-Emission Freight Equipment Project
The California Air Resources Board started an initiative to promote zero-emission freight equipment at transportation hubs, such as ports, distribution centers, airports and rail yards.
February 4, 2020Diesel Falls 5.4¢ to $2.956 Per Gallon
The U.S. average retail price of diesel fell 5.4 cents to $2.956 a gallon, the Department of Energy reported Feb. 3.
February 3, 2020Oil Traders Brace for Asian Refining Cuts
Oil traders in Asia are expecting refineries to cut operating rates and extend shutdowns as the spread of coronavirus stops people from flying or traveling by road.
January 30, 2020Canadian Oil Prices Bounce Back From One-Year Low
Canadian crude rebounded from a one-year low after inventories fell and Alberta’s premier pledged to defend prices.
January 29, 2020Port of Virginia Looks to Become Wind Power Leader
Virginia Gov. Ralph Northam on Jan. 28 announced an agreement to make the Portsmouth Marine Terminal a staging area for equipment and other materials owned by Denmark-based energy company Ørsted to expand its wind energy projects throughout the United States.
January 28, 2020Diesel Fuel Market Stable as IMO Mandate Takes Hold
One month after the International Maritime Organization’s mandate prohibiting the use of heavily polluting bunker fuel in cargo and cruise ships began, oil industry analysts said the diesel fuel market is stable.
January 28, 2020Oil Holds Near Three-Month Low as Virus Threatens Chinese Demand
Oil traded near the lowest close since mid-October as the market was dominated by alarm that the deadly coronavirus will hurt economic activity in China and beyond.
January 28, 2020Average Diesel Price Falls 2.7¢ to $3.01 Per Gallon
The U.S. average retail price of diesel fell 2.7 cents to $3.01 a gallon, the Department of Energy reported Jan. 27.
January 27, 2020