Fuel

About Fuel News...

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.

Business, Fuel

National Diesel Average Price Rises Less Than a Cent to $1.989

The U.S. retail diesel average price rose for the second consecutive week, increasing 0.6 cent a gallon to $1.989, the Department of Energy reported Feb. 29.

February 29, 2016
Business, Fuel

Oil Prices Expected to Average $40 a Barrel in 2016

Oil prices will average just over $40 a barrel this year due to subdued demand and the likelihood a tentative agreement by leading producers to freeze output will do little to drain a supply glut, a Reuters poll showed Feb. 29.

February 29, 2016
Business, Fuel

Diesel Rises 0.3¢ to $1.983; First Increase in 14 Weeks

The U.S. diesel average rose 0.3 cent to $1.983 last week, the first increase in 14 weeks, the Department of Energy reported. Two fleet executives told Transport Topics they did not expect to see pump prices to spike but did share concerns about how regional price and tax variances can create business pressures.

Roger Gilroy | Senior Reporter
February 29, 2016
Government, Fuel, Business

Alaska Fuel Tax Bill Moves With Trucking Industry Support

Gov. Bill Walker’s bill to increase state fuel taxes has support from some industry groups it would directly affect, including the Alaska Trucking Association.

Elwood Brehmer | Alaska Journal of Commerce
February 25, 2016
Business, Fuel

Diesel Bumps Up Three-Tenths a Cent to $1.983

The national average retail price of diesel fuel climbed ever so slightly, ending 14 consecutive declines, the Department of Energy reported.

Roger Gilroy | Senior Reporter
February 22, 2016
Business, Fuel

Truck Sales Dip in January

U.S. retail sales of Class 8 vehicles nearly reached 16,000 in January, but analysts said the anticipated softening in demand has taken hold.

Roger Gilroy | Senior Reporter
February 22, 2016
Business, Fuel

Diesel Average Tumbles Below $2 for First Time Since February 2005

The national average retail price of diesel fuel fell below $2 a gallon, passing yet another long-standing threshold after setting an 11-year low the previous week, the Department of Energy reported.

Roger Gilroy | Senior Reporter
February 22, 2016
Business, Fuel

Diesel Falls to Below $2 a Gallon

The average diesel retail price fell 2.8 cents last week to $1.980 a gallon, the lowest price since Jan. 24, 2005, when it was $1.959.

February 16, 2016
Business, Fuel

Diesel Hits 11-Year Low

The average diesel retail price fell 2.3 cents last week to $2.008 a gallon, the lowest price in nearly 11 years, when it was $1.986.

Roger Gilroy | Senior Reporter
February 15, 2016
Business, Fuel

Former Pilot Flying J President Charged in Fuel-Rebate Scam

Former Pilot Flying J President Mark Hazelwood and seven other former company sales executives were indicted last week on federal charges related to an illegal multimillion-dollar diesel fuel-rebate conspiracy.

Eric Miller | Senior Reporter
February 15, 2016