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Oregon Congressman to Again Propose Higher Fuel Taxes to Pay for Roads

Rep. Earl Blumenauer (D-Ore.), a member of the House Ways and Means Committee, said he will reintroduce the bill he put forth last year to increase fuel taxes to pay for the nation’s road needs.

January 16, 2015

Oil Resumes Decline, One Day After Surge

West Texas Intermediate oil fell for the fourth time in five days as OPEC said it expects weaker demand for its crude, and U.S. output climbed to the highest in records dating to January 1983.

January 15, 2015

TT Archives: U.S. Department of Transportation Starts

Pictured in this issue of  Transport Topics, DOT’s first secretary, Alan S. Boyd, celebrated the department's first official day of operation on April 1, 1967, by riding in the hot air balloon “Golden Bear†with balloonist Don Piccard.

January 19, 2015

Rep. Huffman Pushes Bill to Replace Gas Tax

Rep. Jared Huffman (D-Calif.) this week introduced a bill that would replace the diesel and gas tax with a carbon tax, the latest congressional proposal aimed at boosting transportation dollars ahead of the reauthorization of a major highway law this spring.

January 14, 2015

Time to Call a Bottom? Oil Futures Surge

Crude oil surged the most in more than 2 1/2 years Jan. 14 after falling to the lowest since 2009.

January 14, 2015

Oil Drops Below $45; U.S. Stockpiles May Speed Collapse

Oil extended losses to trade below $45 a barrel amid speculation that U.S. crude stockpiles will increase, exacerbating a global supply glut that’s driven prices to the lowest in more than 5½ years.

January 13, 2015

Diesel to Average Below $3 This Year, DOE Says

U.S. retail diesel will average $2.85 per gallon this year, the Department of Energy said, lowering its most recent forecast by 22 cents.

January 13, 2015

Despite Progress, Diesel Emissions Still an Issue for Environmental Regulators

WASHINGTON — Environmental officials from California and the East Coast said during a Transportation Research Board panel here that trucks still require special attention because of diesel emissions, even though such output became much cleaner from 1998 to 2010.

January 12, 2015

Diesel Declines 8.4¢ to $3.053 a Gallon

Diesel’s national average pump price declined 8.4 cents to $3.053 a gallon, a four-year low, the Department of Energy reported Jan. 12.

January 12, 2015