The U.S. average retail price of diesel dropped 3.5 cents to $2.489 a gallon, while the stubborn glut of crude caused oil prices to tumble to about $43 a barrel — a range last seen in early August — and into a bear market, experts said.
June 19, 2017Search
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US Xpress to Make SmartTruck Feature Standard on 2017 Trailer Builds
SmartTruck announced truckload carrier U.S. Xpress will include its fuel-saving TopKit Aero System on all its trailer builds in 2017.
June 20, 2017
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Oil Tumbles to Lowest Since November as Gasoline Supplies Surge
Oil slipped to the lowest since November as weaker demand at the start of the summer driving season led to another increase in gasoline stockpiles.
June 14, 2017Crude Falls for Third Week as Glut Persists After OPEC Cuts
Oil fell for a third week as rising supplies from the United States to Nigeria to Libya showed that OPEC is still struggling to clear a global glut.
June 9, 2017Diesel Slips 0.7¢ to $2.564, Gas Rises to $2.414
U.S. diesel and gasoline prices each made modest moves during the week ended June 5 but in different directions. Diesel slipped 0.7 cent a gallon and gas rose 0.8 cent, while crude oil dropped toward this year’s low point below $46 a barrel.
June 12, 2017Oil Extends Decline as US Crude, Gasoline Stockpiles Rise
Oil tumbled to the lowest intraday level in four weeks June 7, as U.S. industry data showed an unexpected increase in crude inventories. Gasoline stockpiles also rose.
June 7, 2017Diesel Price Dips 0.7¢ to $2.564 a Gallon
The U.S. average retail price of diesel dipped 0.7 cent to $2.564 a gallon, the Department of Energy reported June 5.
June 5, 2017US Diesel Climbs 3.2¢ to $2.571, Reversing Five Weeks of Declines
The U.S. diesel average reversed direction and rose 3.2 cents a gallon to $2.571 on May 29, taking back more than half of the decreases from the previous five weeks combined, the Department of Energy reported.
June 5, 2017Controversial, Long-Shot Bid to Raise Louisiana's Gasoline Tax Dies
The five-month campaign to upgrade Louisiana's jammed roads and bridges by raising the state gasoline tax died May 31 with little fanfare in the Louisiana House.
June 1, 2017Diesel Rises 3.2¢ to $2.571 a Gallon
The U.S. average retail price of diesel rose 3.2 cents to $2.571 a gallon, the first rise in six weeks, the Department of Energy said May 30.
May 31, 2017