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US Eagle Ford Growth Seen Stalling in 2019 on Lower Prices

Drillers in the Eagle Ford, a Texas shale oil patch, likely will scale back activity in 2019 as lower crude prices eat into cash flows, according to consulting firm Rystad Energy AS.

January 8, 2019

Diesel Average Drops 3.5¢ to $3.013 a Gallon

The U.S. average retail price of diesel dropped 3.5 cents to $3.013 a gallon, the U.S. Energy Information Administration reported Jan. 7, even as crude oil prices saw renewed vigor and broached the mark of $50 per barrel.

January 7, 2019

DTNA Pushes Ahead With Automated Driving, Other New Technology on Flagship Cascadia

LAS VEGAS — Daimler Trucks North America announced SAE Level 2 automated driving will be available beginning in July on its flagship Freightliner Cascadia model, calling it an industry first.

January 7, 2019

Oil Set for Longest Gain in 17 Months on US Economy, OPEC Cuts

Oil headed for its longest stretch of daily gains in more than 17 months as the U.S. Federal Reserve sought to ease investor concerns, China moved to stimulate its economy and OPEC production cutbacks took effect.

January 7, 2019

Infrastructure, Trade Loom Large for Trucking in the New Year

Infrastructure and trade loom large for trucking in the year ahead as freight carriers adjust to a slower, but still positive, rate of economic growth in 2019, according to industry experts interviewed by Transport Topics.

January 4, 2019

2019 Gas Prices Predicted to Be Volatile, but Lower Overall

The projected $2.70 a gallon pump price for 2019 is 3 cents lower than 2018 levels, although this year’s high could reach $3 as soon as May and top $4 in some cities, according to GasBuddy’s Price Fuel Outlook. The lower prices have not escaped Trump’s attention, who equated them to a tax cut in a tweet Jan. 1.

January 2, 2019

Average Price of Diesel Drops 2.9¢ to $3.048 a Gallon

The U.S. average retail price of diesel dropped 2.9 cents to $3.048 a gallon, the U.S. Energy Information Administration reported, as crude oil prices hovered around $45 per barrel.

January 2, 2019

Oil Begins 2019 With Renewed Slide Amid Fears Over China Growth

Oil started 2019 with another price slide as weaker Chinese manufacturing data pointed to slowing demand in the world’s second-biggest consumer of the fuel and to growing risks of a global crude surplus.

January 2, 2019

Amid an Export Boom, the US Is Still Importing Natural Gas

The U.S. may be exporting natural gas at a record clip, but that hasn’t stopped it from accepting new imports. A tanker with fuel from Nigeria is sitting near the Cove Point import terminal in Maryland, while a second ship with Russian gas is idling outside Boston Harbor.

December 28, 2018