U.S. and European regulators are considering stricter rules on speculation in oil markets due to concerns that sharp rises in fuel prices could worsen the global recession, the Wall Street Journal reported Wednesday.
July 8, 2009Search
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Producer Price Index Rises 1.8%
Prices paid to U.S. producers jumped 1.8% in June, led by higher fuel costs, the Labor Department said Tuesday.
July 14, 2009Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Retail Sales Rise 0.6% in June
Retail sales rose 0.6% in June, led by gains in automobile and fuel purchases, the Commerce Department said Tuesday.
July 14, 2009Gasoline Average Drops a Dime, Lundberg Reports
Gasoline prices fell 10 cents in the past two weeks to $2.56 per gallon, according to latest Lundberg Survey of fuel prices released Sunday.
July 13, 2009Navistar: EPA Conspired With SCR Engine Makers
Truck and engine manufacturer Navistar Inc. has accused the Environmental Protection Agency of attempting to remove documents from official records and allowing the Engine Manufacturers Association to write the draft of its selective catalytic reduction guidance document for 2010 “in secret collaboration with certain engine makers.â€
July 13, 2009Obama Cabinet Members Go to Senate
The Senate last week kicked off debate on an energy bill that includes a controversial cap-and-trade provision to limit carbon emissions, summoning four top Obama administration officials to testify before the committee that will craft the Senate version of climate change and energy policy legislation.
July 13, 2009EU Imposes Tariffs on U.S. Biodiesel Fuel
The European Union last week imposed tariffs on biodiesel imported from the United States to counter low prices it said were caused by subsidies, but a spokesman for the U.S. Trade Representative denied subsidies were the main reason for the growth of U.S. sales in Europe and that the United States would review the tariffs “closely.â€
July 13, 2009Fuels Dip but Don’t Match Drop in Crude, Industry Experts Say
Diesel prices dipped slightly for the second week in a row but, according to truckers and analysts, have yet to reflect the full effect of falling crude oil prices, record diesel surpluses and one of the worst freight recessions in trucking history.
July 13, 2009DOE Boosts ’09-’10 Fuel Price Outlook
The Energy Department Tuesday boosted its price forecasts for diesel, gasoline and crude oil for this year and 2010.
July 7, 2009Safeway Fleet Set to Fill Tires With Nitrogen
Grocery retailer Safeway Inc. said it will begin inflating its truck and trailer fleet tires with nitrogen instead of compressed air.
July 6, 2009