WASHINGTON — Rep. Earl Blumenauer (D-Ore.) called on colleagues to back legislation he introduced this year that would increase fuel taxes to pay for infrastructure projects during a House Ways and Means Committee hearing on June 17.
June 17, 2015Search
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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.
ATA's Graves: Fuel Tax ‘Viable Revenue Source’ for Trust Fund
WASHINGTON — American Trucking Associations President Bill Graves told House lawmakers June 17 increasing fuel taxes would ensure investments for highway programs are met for the next several years.
June 17, 2015US Drivers Take Equivalent of 3,900 Trips to the Sun as Refiners Churn Out Gasoline
Oil supplies are abundant. America’s refiners are running the hardest in 10 years. So why isn’t the country awash in gasoline?
June 17, 2015World Facing Longest Oil Glut in at Least Three Decades
Oil supply has exceeded demand globally for the past five quarters, already the most enduring glut since the 1997 Asian economic crisis, International Energy Agency data show.
June 16, 2015Diesel Average Price Slips 1.4¢ to $2.87 in Third Drop
The average price of diesel dropped for a third week, falling 1.4 cents to $2.87 a gallon, the Department of Energy reported June 15.
June 15, 2015Agility, Freightliner Trucks Set Seven-Year Agreement
Agility Fuel Systems has reached a seven-year agreement under which it will be the sole provider of natural-gas fuel systems for Freightliner Trucks.
June 15, 2015EPA Plan to Cut Airplane Emissions Won’t Take Effect Until 2018
The U.S. Environmental Protection Agency on June 10 declared airplanes as a significant contributor to global climate change, but said a final rule requiring cuts in emissions is still years away.
June 11, 2015US Oil Production to Peak at 43-Year High Before Trailing Off
U.S. oil output will peak at a 43-year high in 2015 as producers work through a backlog of uncompleted wells before trailing off in the second half of the year.
June 10, 2015DOE Holds 2015 Diesel-Price Forecast at $2.88
The Department of Energy held its 2015 forecast for U.S. diesel prices at $2.88 a gallon but lowered its 2016 projection by 9 cents to $3.03.
June 9, 2015Despite Diesel’s Decline, Nat Gas Seen as Challenger to Oil’s Monopoly as Transportation Fuel
Despite the recent downturn in the price of oil, the use of natural gas as a transportation fuel could displace more than 1.5 million barrels a day of oil demand by 2030, according to a new report.
June 8, 2015