Trucking and natural-gas industry witnesses told a Senate panel Dec. 3 that Congress could spur the use of the alternative fuel in the transportation sector by changing the tax code, subsidizing a fueling network and addressing existing weight restrictions on highways.
December 3, 2014Search
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Diesel, Gasoline Continue to Fall as Oil Plunges to Five-Year Low
A decision by the OPEC oil cartel to maintain its production levels sent crude oil prices plummeting to five-year lows, which sent U.S. retail diesel and gasoline average prices tumbling, too.
December 8, 2014
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
First US Gas Station Drops Below $2 a Gallon
$2 gasoline is back in the U.S.
December 3, 2014Rep. Petri Supports Bill That Would Raise Fuel Taxes
Tom Petri (R-Wis.), the outgoing chairman of the subcommittee on highways, said he will become a co-sponsor of a bill that would increase federal fuel taxes to support the nation’s transportation system.
December 2, 2014Diesel Falls 2.3¢ After Plunge in Crude Oil Prices
Diesel’s national average pump price declined 2.3 cents to $3.605 a gallon, the Department of Energy reported Dec. 1, after last week’s plunge in oil prices to a five-year low.
December 2, 2014Diesel Average Falls 3.3¢ to $3.628
The U.S. retail diesel average fell 3.3 cents to $3.628 a gallon last week as the Midwest continued to recover from a brief price spike in November, the Department of Energy reported.
December 1, 2014Natural-Gas Industry Lobbies Congress to End Tax Disparity Between LNG, Diesel
Advocates of natural gas are pressing Congress to pass legislation in the lame-duck session that would end the disparity between the federal fuel tax on liquefied natural gas and diesel fuel.
December 1, 2014Fleets Deploy Fuel-Saving Technologies Designed to Curb Wasted Miles, Time
Maximizing fuel economy requires a lot more than a light touch on the accelerator pedal; it demands scrutiny of every mile and every moment that a truck is on the road. And factory-installed technologies and those installed on trucks from the aftermarket can help fleets do just that, executives and managers said.
December 1, 2014Diesel Drops 3.3¢ to $3.628; Gas Plunges 7.3¢ to Four-Year Low
Diesel fell 3.3 cents to $3.628 a gallon, a half-cent above the 3½ year low level of three weeks ago, the Department of Energy reported Nov. 24.
November 24, 2014Renewable Fuels Quotas for 2014 Delayed by EPA After Fight
The U.S. Environmental Protection Agency punted on setting quotas for the use of renewable fuels in 2014 and pledged to lay out next year targets for 2014-2016.
November 21, 2014