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

Oil Train Crash Adds Pressure for New Safety Standards

Video images of a fireball billowing from the wreckage of a derailed train hauling Bakken crude are adding to pressure on federal regulators to act on new safety standards for oil shipments.

Thomas Black | Bloomberg News
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Jim Snyder | Bloomberg News
February 18, 2015
Business, Fuel

Diesel Average Climbs 3¢ to $2.865 a Gallon

U.S. retail fuel prices rose last week, with diesel gaining 3 cents a gallon, on average, while gasoline added 8.3 cents, the Department of Energy reported.

Jonathan S. Reiskin | Associate News Editor
February 17, 2015
Business, Fuel, Government, Safety

Forward Air to Buy Towne for $125 Million, Combining Largest Air-Ground Carriers

Forward Air Corp. has agreed to acquire Towne Air Freight for $125 million in a move that combines two of the largest companies specializing in transporting cargo to and from airports in the United States.

February 16, 2015
Business, Fuel

Diesel Price Rises 0.4¢ in First Uptick of 2015

Diesel’s national retail average price rose 0.4 cent to $2.835 a gallon, the first increase since November, while the gasoline price jumped 12.3 cents to $2.191, the Department of Energy reported.

February 16, 2015
Business, Fuel

DOE Lowers Diesel-Price Forecast for 2015

The Department of Energy lowered its 2015 forecast for U.S. retail diesel prices by 2 cents to $2.83 a gallon but boosted its crude-oil price forecast slightly.

Michael G. Malloy | Web Editor
February 11, 2015
Business, Fuel

Diesel Price Edges Up in First Gain Since November; Gasoline Jumps 12.3¢

Diesel’s national average retail price rose 0.4 cent to $2.835 a gallon, the first increase since November, while gasoline jumped 12.3 cents to $2.191, the Department of Energy reported.

Michael G. Malloy | Web Editor
February 10, 2015
Government, Business, Fuel

Senators Pressing EPA to Set Renewable Fuel Standard for Biodiesel

Thirty-two senators have written a letter to Environmental Protection Agency Administrator Gina McCarthy asking for quick approval of strong biodiesel volumes under the Renewable Fuel Standard for 2014, 2015 and 2016.

Michele Fuetsch | Staff Reporter
February 9, 2015
Government, Business, Safety, Fuel, Technology, Equipment

Blumenauer Bill Would Raise Fuel Taxes; ATA’s Graves Touts Approach

Rep. Earl Blumenauer, a member of the tax-writing House Ways and Means Committee, held a press conference Feb. 4 to announce he has reintroduced the bill he put forth last year that would increase fuel taxes to pay for upgrading the nation’s aging transportation system.

February 4, 2015
Government, Business, Fuel

Senate Bill Would Provide Tax Equity For LNG

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

Michele Fuetsch | Staff Reporter
February 4, 2015
Business, Fuel

Diesel Drops 3.5¢ to $2.831; Gas Gains for First Time Since September

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.

Michael G. Malloy | Web Editor
February 3, 2015