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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10% Cut in Truck Traffic Called Almost Ludicrous
The idea of removing 10% of truck traffic from the nations highways by 2020 to reduce carbon emissions is almost ludicrous, Ray Kuntz, former chairman of American Trucking Associations, told a Senate committee last week.
July 20, 2009Letters: Early Safety Adopted; Reregulation
Any trucking company that takes the leadership position in safety and in clean air is to be commended. But doing so through high-tech safety and Environmental Protection Agency ventures makes the outcome risky.
July 20, 2009Producer 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, 2009Retail 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.
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.
July 13, 2009Fuels Dip but Dont 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, 2009