Diesel Rises a Whisker to $2.966 a Gallon
The U.S. average retail price of diesel increased ever so slightly the week of Feb. 4, rising to $2.966 a gallon, one-tenth of a cent higher than last week.
Driver Fuel Incentive Programs: What Works, What Doesn't And Why
Successfully implementing a driver fuel incentive program is a great way to reward professional drivers and control your fuel budget. If you are looking to implement a driver fuel incentive program or have tried and are not satisfied with the results, then you should attend.
January 31, 2019Testing Fuel-Saving Technologies
As fleets know, many variables can affect test results for truck fuel-saving technologies and practices.
January 25, 2019Diesel Falls for 14th Consecutive Week
The U.S. average retail price of diesel dropped 1.1 cents to $2.965 a gallon for the week of Jan. 21, despite an increase in crude oil prices to $53 per barrel, or $3 higher than a week before.
Diesel Down 3.7¢ to $2.976 a Gallon in 13th Straight Decline
The U.S. average retail price of diesel dropped 3.7 cents to $2.976 a gallon, the U.S. Energy Information Administration reported Jan. 14, even as crude oil prices climbed above $50 per barrel.
2018 Diesel Prices Stay Consistent Around $3 a Gallon
Diesel prices started off 2018 low, but as the year comes to a close, the average price of diesel is more than 20 cents higher than in 2017.
December 24, 2018Diesel Drops 5.4¢ to $3.207
The U.S. average retail price of diesel dropped 5.4 cents to $3.207 a gallon, the U.S. Energy Information Administration reported Dec. 3, as crude oil prices fluctuated but remained below $55 per barrel.
December 3, 2018Sunoco Finalizes Deal for Brenco Marketing
Sunoco has completed its $24 million acquisition of Brenco Marketing Corp.’s fuel-distribution business.
October 22, 2018Sunoco Completes Equity Purchase of Sandford Energy
Sunoco Partners Marketing & Terminals said it has paid approximately $66 million to obtain the equity stake in Sandford Energy it did not already own, giving Sunoco full control of the company.
August 7, 2018Oil Industry Starts Eradicating Ship Fuel Supply Ahead of IMO Mandate
Shippers beware: Oil refineries are starting to eradicate stockpiles of sulfur-rich fuel that powers the merchant fleet in anticipation of a demand collapse in fewer than 18 months.