The U.S. average retail price of diesel rose 0.1 cent to $2.479 a gallon, according to the Department of Energy, as crude prices continued their weeklong retreat below $50.
October 31, 2016Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
US Crude Oil Stockpiles Drop Unexpectedly
Nationwide crude stockpiles fell 553,000 barrels in mid-October, according to the Energy Information Administration.
October 26, 2016Regulators Announce Date for Greenhouse Gas Phase 2 Final Rule
A rule aimed at reducing carbon dioxide and other greenhouse gas emissions from heavy- and medium-duty trucks will take effect in two months, federal regulators announced Oct. 25.
October 25, 2016Diesel Average Dips 0.3¢ to $2.478
The U.S. average retail price of diesel dipped 0.3 cent to $2.478 a gallon, according to the Department of Energy.
October 24, 2016New Jersey Senators Hope to Repeal Fuel-Tax Hikes
Just six days after New Jersey Gov. Chris Christie signed the compromise gas-tax legislation into law, two of his fellow Republicans introduced a bill on Oct. 20 to repeal it.
October 24, 2016Proposed Trucking Route Raises Traffic Concerns for Pennsylvania Town
Shell Chemicals Co. will operate a laydown yard in Aliquippa, Pennsylvania, to store materials for the construction of its ethane cracker plant, but two local officials are concerned about the route those trucks could take to get to the facility.
October 21, 2016EIV Capital Invests $20 Million in Gazelle Transportation
Houston-based investment firm EIV Capital has invested $20 million in Gazelle Transportation, a company based in Bakersfield, California, that provides crude oil transportation, water and waste hauling and portable storage tank rentals primarily within California.
October 20, 2016Omnitek to Develop Natural-Gas Engines for Use in Europe
Omnitek Engineering Corp. said it signed a contract with a European customer to develop a heavy-duty 13-liter natural-gas engine for Class 8 trucks and certify the engine to EURO 6 emissions standards, utilizing its patented technology.
October 20, 2016Oil Seen Stuck in $50 to $60 Range as Shale Blunts OPEC Action
The world should get used to oil prices between $50 and $60 a barrel as falling costs in America’s shale fields counteract OPEC’s renewed commitment to supply management.
October 18, 2016Diesel Average Jumps 3.6¢ to $2.481
The U.S. average retail price of diesel climbed again, rising 3.6 cents to $2.481 a gallon, according to the Department of Energy, amid signs crude production in some countries was on the rise.
October 17, 2016