Fuel

Since the start of the 116th Congress in January, the gas tax has been having a moment. At congressional hearings, keynote addresses and panel discussions inside the Beltway and around the country, a significant number of infrastructure proponents have called on transportation policymakers to raise the federal fuel tax.

President Donald Trump’s nominee to lead the Federal Highway Administration was easily confirmed March 28.

Heil Trailer International Co. has announced the availability of a 5-axle, 12,000-gallon petroleum trailer intended to enable customers in the Western United States to haul more in fewer runs.

Both BP Plc and Royal Dutch Shell Plc are claiming the top spot for investor returns within their peer group from 2016 to 2018. That’s an important metric — taking first place was a significant element in the doubling of Shell CEO Ben van Beurden’s pay last year.

After President Donald Trump promised Iowa voters he would unleash high-ethanol gasoline, his administration fast-tracked a plan to lift summertime restrictions on the fuel, forgoing studies of its potential price tag and hastily ending a review of the measure.

President Donald Trump renewed his criticism of OPEC, saying the cartel should increase production because prices are getting “too high.”

Oil prices dipped as an unexpectedly high jump in U.S. crude supplies unnerved a market already worried about weakening global demand.

Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and India.

The U.S. retail diesel average rose 1 cent to $3.08 a gallon, the Department of Energy reported, as the price of crude oil slipped just below $59 per barrel amid concern over a possible slowdown in the U.S. economy.