US Oil Rises to 10-Month High as Stockpiles Seen Dropping
Oil rose to the highest level since early January in New York on expectations that government data will confirm another drop in U.S. crude inventories as the global surplus recedes.
November 1, 2017California Truckers to Pay 20¢ More a Gallon for Diesel Starting Nov. 1
Beginning Nov. 1, drivers across California can expect to pay an extra 12 cents per gallon for gasoline at the pump, and an extra 20 cents per gallon for diesel.
October 31, 2017Diesel Climbs to Highest Price in More Than Two Years
The U.S. average retail price of diesel increased 2.2 cents to $2.819 a gallon — the highest price in more than two years — as oil prices rallied on speculation production cuts will continue into 2018 following a meeting of the Organization of Petroleum Exporting Countries in November.
October 30, 2017Daimler Steps Up Electric Truck Rollout as Tesla Rivalry Looms
Daimler AG is stepping up plans to roll out electric-powered trucks as the world’s largest maker of commercial vehicles seeks to fend off newcomers like Tesla Inc. and Deutsche Post AG.
October 30, 2017GHG Phase 2 Rule for Trailers Put on Hold
A federal appeals court has temporarily halted implementation of a provision in Phase 2 of the heavy trucks greenhouse gas rule of 2016, which would have regulated trailer manufacturers for the first time beginning Jan. 1.
October 30, 2017Daimler Steals Tesla’s Thunder With Heavy-Duty Electric Truck
Daimler AG is jumping the gun on Tesla Inc. by showing off a battery-powered heavy-duty truck weeks before the California electric-car maker’s own planned unveiling, in a sign of the growing rivalry between the companies.
October 26, 2017Trump’s Economic Adviser Floats Idea of Gas Tax Hike for Infrastructure
President Donald Trump’s chief economic adviser raised the possibility of increasing the federal gasoline tax next year to help pay for the administration’s $1 trillion infrastructure plan, U.S. Representative Tom Reed said.
October 25, 2017Diesel Rises 1 Cent to $2.797 Per Gallon
The U.S. average retail price of diesel fuel increased 1 cent to $2.797 a gallon, the Department of Energy reported Oct. 23.
October 23, 2017Gasoline Demand Slips, Leaving Other Fuels to Pick Up Slack
America’s most popular fuel hasn’t been feeling the love. U.S. gasoline consumption dropped even as overall fuel demand posted an increase this year.
October 23, 2017California GOP Rallies Around Measure to Repeal New State Gas Tax
Organizers of a campaign to qualify a ballot measure that would repeal the state’s gas tax and new vehicle fees unveiled their growing coalition Oct. 18 at the state Republican Party headquarters, where GOP gubernatorial candidate John Cox said he will make a “substantial” donation to the effort.
October 19, 2017