Fuel

Republican and Democratic senators have reintroduced their bill to create tax equity for carriers that use liquefied natural gas.

Diesel’s national average price fell 3.5 cents to $2.831 a gallon, a new five-year low, while gasoline rose for the first time since September, the Department of Energy reported Feb. 2.

Oil climbed to over $50 a barrel Monday as workers at some of the nation’s refineries began strike action.

Alternative fuels and ways to measure fuel economy are prime subjects at the Technology & Maintenance Council’s upcoming annual meeting.

Cabotage rules, hours-of-service regulations and emissions standards are among the barriers likely to discourage Mexican carriers from applying in large numbers to run longhaul in the United States, trade experts said.

Reminding lawmakers about the urgent need to rebuild the country's aging transportation network, former Pennsylvania Gov. Ed Rendell (D) told a key Senate panel on Jan. 29 that they need to raise fuel taxes.

A federal court has scheduled a June 9 hearing to give potential final approval for a series of lawsuits in a long-running “hot fuel” case, after giving preliminary approval to settlements with 28 oil and fuel retailers.

Kentucky Gov. Steve Beshear (D) and Ohio Gov. John Kasich (R) have directed their transportation departments to devise what they call “a cost-saving plan that limits tolls” but moves forward with rebuilding the Brent Spence Bridge linking the states.

Sales of commercial trucks and buses that use electric drive technology are expected to grow to 160,000 annually by 2023, according to a new report by Navigant Research.