Diesel Average Dips 0.3¢ to $2.478
The U.S. average retail price of diesel dipped 0.3 cent to $2.478 a gallon, according to the Department of Energy.
October 24, 2016New Jersey Senators Hope to Repeal Fuel-Tax Hikes
Just six days after New Jersey Gov. Chris Christie signed the compromise gas-tax legislation into law, two of his fellow Republicans introduced a bill on Oct. 20 to repeal it.
October 24, 2016Proposed Trucking Route Raises Traffic Concerns for Pennsylvania Town
Shell Chemicals Co. will operate a laydown yard in Aliquippa, Pennsylvania, to store materials for the construction of its ethane cracker plant, but two local officials are concerned about the route those trucks could take to get to the facility.
October 21, 2016Omnitek to Develop Natural-Gas Engines for Use in Europe
Omnitek Engineering Corp. said it signed a contract with a European customer to develop a heavy-duty 13-liter natural-gas engine for Class 8 trucks and certify the engine to EURO 6 emissions standards, utilizing its patented technology.
October 20, 2016EIV Capital Invests $20 Million in Gazelle Transportation
Houston-based investment firm EIV Capital has invested $20 million in Gazelle Transportation, a company based in Bakersfield, California, that provides crude oil transportation, water and waste hauling and portable storage tank rentals primarily within California.
October 20, 2016Oil Seen Stuck in $50 to $60 Range as Shale Blunts OPEC Action
The world should get used to oil prices between $50 and $60 a barrel as falling costs in America’s shale fields counteract OPEC’s renewed commitment to supply management.
October 18, 2016Diesel Average Jumps 3.6¢ to $2.481
The U.S. average retail price of diesel climbed again, rising 3.6 cents to $2.481 a gallon, according to the Department of Energy, amid signs crude production in some countries was on the rise.
October 17, 2016Diesel Average Rises 5.6¢ to $2.445 as Crude Reaches 15-Month High
The U.S. average retail price of diesel jumped 5.6 cents to $2.445 a gallon, according to the Department of Energy, as oil hit its highest price in more than a year on expectations of reduced production.
October 17, 2016Natural Gas Remains Viable for Trucking, Advocates Say
LAS VEGAS — It’s the “second inning” of the natural gas industry’s involvement with the transportation industry, especially the heavy-duty truck sector, key advocates of the leading alternative fuel to diesel said.
October 10, 2016N.J. Legislature Votes to Raise Fuel Taxes to Replenish Transportation Trust Fund
The long-running battle over New Jersey’s Transportation Trust Fund could be on the verge of ending. New Jersey’s Senate and Assembly voted on Oct. 7 to provide $2 billion annually to the transportation fund for the next eight years, thanks to tax increases of 27 cents per gallon on diesel and 23 cents per gallon on gasoline.
October 7, 2016