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Business, Freight Stakeholders Urge Trump, Congress to Advance Infrastructure Policy

Speaker of the House Nancy Pelosi recently said that she remains committed to advancing an infrastructure policy measure that would boost jobs. She explained that such a deal could be accomplished if President Donald Trump would only negotiate with her party. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

June 25, 2019

Occidental Mulls Sale of Anadarko’s Western Stake

Occidental Petroleum Corp. is seeking a buyer to take majority control of Western Midstream Partners LP, the pipeline operator that it’s poised to inherit through its takeover of Anadarko Petroleum Corp., according to people familiar with the matter.

June 25, 2019

Diesel Declines 2.7¢ to $3.043 a Gallon

The U.S. average retail price of diesel dropped 2.7 cents to $3.043 a gallon, the Department of Energy reported June 24. Crude oil prices jumped about 10% to more than $57 a barrel amid increased tensions in the Persian Gulf, then climbed higher later in the week.

June 24, 2019

Chevron, California Bioenergy to Produce Biomethane

Chevron U.S.A. Inc. and California Bioenergy announced a joint investment in a holding company with California dairy farmers to produce and market dairy biomethane as a vehicle fuel in the state.

June 24, 2019

Crane Worldwide Logistics Opens Office in Guyana

Houston-based Crane Worldwide Logistics has opened an office in Georgetown, Guyana, expecting to cash in on a boon in offshore oil and gas production by the small country situated next to Venezuela along the northern edge of South America.

June 21, 2019

Summer Driving Gets More Costly as East Coast Refinery Burns

Gasoline futures jumped the most in more than three months after an explosion and fire at the Philadelphia Energy Solutions oil refinery, the largest on the U.S. East Coast and a key supplier to the New York gasoline market.

June 21, 2019

Refiners’ Group Asks Appeals Court to Block Expansion of E15 Gasoline

A trade organization representing U.S. refiners is asking an appeals court to reject a Trump administration plan to expand nationwide the blending, distribution and year-round sale of E15 fuel.

June 19, 2019

Diesel Slides Again, Down 3.5¢ to $3.07 a Gallon

The U.S. average retail price of diesel dropped 3.5 cents to $3.07 a gallon, the Department of Energy reported June 17.

June 17, 2019

Amazon, ExxonMobil Among Corporations Called Out Over Climate Transparency

Amazon.com, Exxon Mobil Corp. and Volvo are among more than 700 companies being targeted in a campaign backed by a large group of investors advocating for greater transparency when it comes to environmental impact.

June 17, 2019