Fuel

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Business, Fuel

TA Posts Strong Q3 Results

TravelCenters of America Inc. reported strong third-quarter earnings when the Westlake, Ohio-based company announced its financial results Nov. 5.

Dan Ronan | Senior Reporter
November 5, 2019
Government, Business, Equipment, Safety, Fuel

Operational Cost of Trucking Up 7.7%, ATRI Report Says

The costs associated with trucking have increased substantially, according to a new report from the American Transportation Research Institute.

Eleanor Lamb | Staff Reporter
November 4, 2019
Government, Business, Fuel

Diesel Dips 0.2¢ to $3.062 a Gallon

The U.S. average retail price of diesel fell 0.2 cent to $3.062 a gallon, the Department of Energy reported Nov. 4.

Roger Gilroy | Senior Reporter
November 4, 2019
Government, Business, Technology, Fuel

VMT Tax for Trucks Presents Revenue Option for Highway Account, CBO Reports

About $2.6 billion in revenue would have been generated in 2017 if commercial trucks were taxed at a rate of 1 cent per mile, and compliance reached a rate of 90%, according to a recent report by the Congressional Budget Office.

Eugene Mulero | Senior Reporter
November 4, 2019
Government, Business, Fuel

Oil Near Six-Week High as US-China Trade Deal Hopes Increase

Oil held its biggest gain in almost seven weeks after improved U.S. and Chinese economic data aided the demand outlook, while optimism increased that the U.S. and China will resolve their trade dispute.

Alex Longley | Bloomberg News
November 4, 2019
Business, Technology, Fuel

Infiniti Will Market Cars That Still Fill Up on Gas as Electric

Infiniti bills itself as being a convention challenger, but the Nissan Motor Co. luxury-car division still sees the future of electrification much like the era of internal combustion.

Craig Trudell | Bloomberg News
November 4, 2019
Business, Technology, Fuel

Old World Industries Acquires Dasco’s DEF Business

Old World Industries announced it acquired Dasco Inc.’s diesel exhaust fluid and prilled [pellet] automotive-grade urea global business and assets.

November 1, 2019
Business, Fuel

Exxon Profit Plummets With Plenty of Oil to Go Around

IRVING, Texas — Exxon Mobil’s profit tumbled with crude prices down about 15% from where they were last year, though a $300 million boost from a tax-related item helped.

November 1, 2019
Government, Business, Fuel

Keystone Pipeline Shutdown Raises Costs for US Gulf Refiners

The Keystone crude pipeline was shut Oct. 30 after leaking thousands of barrels of crude in North Dakota, the third spill along the pipeline’s route in less than three years.

October 31, 2019
Government, Business, Fuel

‘Canada’ Is Becoming a Dirty Word in the Oil Patch

Canada’s beleaguered energy sector suffered another morale blow as Encana Corp. — one of its marquee companies that was born out of the 19th-century railway boom — announced plans to move its headquarters to the U.S. and drop the link to Canada from its name.

Kevin Orland | Bloomberg News
October 31, 2019