Foxx Says Fuel Tax Increase Is Not Needed
WASHINGTON — Transportation Secretary Anthony Foxx said the Obama administration still believes there is a better way to raise the money needed to upgrade the nation’s highway infrastructure than to raise the federal fuel tax.
February 20, 2014Diesel Rises 1.2 Cents a Gallon to $3.989; Gasoline Up 7.1 Cents
U.S. retail diesel and gasoline prices rose for the week, the Department of Energy said Feb. 18 after its weekly surveys of fueling stations.
February 19, 2014Plaintiffs Dismiss ‘Hot Fuel’ Cases
The plaintiffs in a set of 2006 cases against fuel retailers for selling “hot fuel” have dismissed the cases, the Kansas City Business Journal reported.
February 18, 2014Diesel to Average $3.83 This Year, DOE Says
The Department of Energy raised its outlook for 2014 U.S. retail diesel prices by 2 cents to $3.83 a gallon, the second straight month in which it projected an increase.
February 11, 2014Diesel Rises Again, Climbing 2.6¢ to $3.977
Diesel’s national average retail price continued its recent ascent, gaining 2.6 cents to $3.977 a gallon as oil topped $100 a barrel for the first time this year, the Department of Energy reported Feb. 10.
February 11, 2014Gasoline Price Dips Slightly in Lundberg Survey
The average U.S. retail price of a gallon of gasoline was $3.294 on Feb. 7, a slight decrease from two weeks prior, according to Lundberg Survey Inc.
February 10, 2014Wex Increases Profit in 4Q
Fleet payment-processing company Wex Inc. said its fourth-quarter profit increased as it added customers and processed more transactions than the same quarter last year.
February 5, 2014Diesel Rises 3.1¢ to $3.904; Increase Is First in Three Weeks
Diesel rose for the first time in three weeks, gaining 3.1 cents to $3.904 a gallon, the Department of Energy reported Jan. 27.
January 28, 2014Comdata, Truck-Stop Chains Agree to Settle Antitrust Case for $130 Million
Fuel card provider Comdata Inc. and three major truck-stop chains have agreed to settle a class-action lawsuit alleging anticompetitive practices that resulted in higher processing fees for smaller truck stop businesses.
January 22, 2014DOE: Fuel Prices Won’t Spike Despite Historic Cold Snap
U.S. retail diesel and gasoline prices edged up by less than a penny per gallon last week, and analysts said strong refinery production should prevent price spikes from the massive cold front that blanketed much of the country.
January 13, 2014