Oil declined from a one-week high in London and New York as Iraqi production advanced to a record, compounding a global supply surplus.
January 20, 2015Search
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DeFazio Names Ranking Dems For T&I Subcommittees
Rep. Peter DeFazio of Oregon, the ranking Democrat on the House Committee on Transportation and Infrastructure, has announced which T&I Democrats will be the ranking members on the subcommittees.
January 21, 2015Diesel Falls Below $3 a Gallon for First Time Since 2010
The average price of U.S. diesel fell for the 10th week in a row, with the 12-cent decline Jan. 19 taking trucking’s main fuel below the $3-per-gallon level for the first time September 2010.
January 21, 2015Transportation Leaders Haunted By Road Woes, Clean-Air Rules
WASHINGTON — While transportation professionals keep coming up with innovations in distribution, they also are squeezed by deteriorating infrastructure and demands for improved environmental quality, industry experts said.
January 19, 2015Truckers Poised to Join US Car Drivers’ Fuel Relief
Sliding farm demand after the U.S. harvest and milder weather brings diesel, nearly identical to heating oil, more in line with gasoline.
January 16, 2015Oregon 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, 2015Diesel Average Tumbles 8.4¢ to $3.053
The downward spiral of diesel’s national average pump price continued last week, falling closer to the $3 mark.
January 19, 2015Oil 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, 2015TT 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, 2015Rep. 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