Fuel
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.
Alaska Truckers Concerned Over State DOT Budget Cuts Due to Plunge in Oil Prices
A plunge in oil prices this year has prompted a $35 million cut to the budget for Alaska’s Department of Transportation, making the state’s truckers nervous.
OPEC Export Price Falls Below $40 for First Time Since 2009
The average price of crude sold by OPEC fell below $40 a barrel for the first time since 2009, underscoring the financial cost of the group’s strategy to defend its market share.
National Diesel Average Price Rises After Three Weeks of Declines
The average price of diesel fuel in the United States rose 1.7 cents a gallon to $2.502, the first rise after three consecutive weekly declines, the Department of Energy reported Nov. 9.
November 10, 2015Crude Oil Rises From Two-Week Low as Market Appears to Tighten
Oil climbed from a two-week low amid speculation that the buildup of U.S. crude inventories will soon end as refinery demand increases.
Alabama Governor Endorses Fuel-Tax Hike, Predicts it Will Pass in 2016
Alabama Gov. Robert Bentley said he believes that the state’s Legislature will pass a fuel-tax increase that he has endorsed to pay for infrastructure improvements.
3Q Fleet Failures Remain Low, Aided by Fuel, Rates, Capacity
Fleet failures remained at historically low levels in the third quarter as fuel, rate and capacity conditions remained favorable enough to keep marginal fleets afloat, according to a new report.
Michigan OKs Fuel Tax Increase in $1.2 Billion Infrastructure Plan
After making little progress for months in producing a bipartisan highway bill, both chambers of the Michigan Legislature passed two bills not long before midnight Nov. 3 that eventually will deliver $1.2 billion for the state’s roads.
3Q Intermodal Freight Growth Slows to 3.4%; Fuel Prices, Capacity Stunt Domestic Business
Growth in truck-rail freight slowed to 3.4% in the third quarter, the Intermodal Association of North America reported, as domestic growth was stunted by truckers taking advantage of favorable fuel prices and capacity.
US Diesel Average Declines 1.3¢ to $2.485; Price Is $1.138 a Gallon Below Year Ago
The U.S. average retail diesel price fell 1.3 cents a gallon to $2.485, the third consecutive weekly decline, the Department of Energy reported Nov. 2.
Obama Rejects Keystone Pipeline in Win for Environmentalists
President Obama rejected TransCanada Corp.’s bid to build the Keystone XL pipeline, ending seven years of debate over an infrastructure project that swelled into one of the most contentious environmental issues of his presidency.