Fuel

TravelCenters of America reported third-quarter income rose as revenue dipped amid gains in fuel volume, fuel gross margin, nonfuel gross margin and continued improvements in site level operating expense controls, it said. 

The U.S. average retail price of diesel dipped 0.9 cent to $2.470 a gallon, according to the Department of Energy.

On Oct. 31, a construction crew in Alabama triggered a massive explosion when a track-hoe struck the biggest fuel pipeline in the United States.

Royal Dutch Shell, the world’s second-biggest oil company by market value, thinks demand for oil could peak in as little as five years.

As crude prices continue to get dragged down by a global glut that shows no signs of abating, oil traders may find some profit by going to sea.

Joining a growing list of cities in California, San Diego announced Oct. 27 that its municipal vehicle fleet will become the largest in the nation to embrace renewable diesel — from street sweepers to refuse packers to fire trucks.

The U.S. average retail price of diesel rose 0.1 cent to $2.479 a gallon, according to the Department of Energy, as crude prices continued their weeklong retreat below $50.

The U.S. Department of Transportation is seeking applicants for FASTLANE grants worth a total of $850 million for freight and highway projects, the department announced on Oct. 28.

Nationwide crude stockpiles fell 553,000 barrels in mid-October, according to the Energy Information Administration.

A rule aimed at reducing carbon dioxide and other greenhouse gas emissions from heavy- and medium-duty trucks will take effect in two months, federal regulators announced Oct. 25.