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

Diesel Average Rises 1.1¢ While Crude Exceeds $100

The average pump price for a gallon of diesel edged up last week for the first time in seven weeks, increasing 1.1 cents to $3.828, the U.S. Department of Energy reported.

July 15, 2013
Business, Fuel

Oil Finishes Week Near $106 a Barrel

Oil rose $1 Friday to finish the week near $106 a barrel on speculation that U.S. inventories will continue to fall, following the largest two-week drop in at least three decades, Bloomberg News reported.

July 12, 2013
Business, Fuel

Oil Tops $105 a Barrel as Supplies Decline

Oil continued its recent climb, rising to more than $105 a barrel Wednesday after a Department of Energy report showed that crude supplies fell last week, Bloomberg News reported.

July 10, 2013
Business, Fuel

Diesel Rises 1.1¢ to $3.828; Increase Is First Following Six Declines

Diesel rose 1.1 cents to $3.828 a gallon, its first gain following six declines, the Department of Energy reported.

July 9, 2013
Business, Fuel

Oil Slips From 14-Month High to Near $102

Oil fell from a 14-month high to near $102 a barrel Monday after finishing at more than $103 last week, Bloomberg News reported.

July 8, 2013
Perspective, Fuel

Opinion: Trucks + Shale = Energy Independence

With apologies to Charles Erwin Wilson of General Motors in 1919, “What is good for trucking is good for America.” The responsible development of North America’s shale oil and gas reserves has been very good for trucking — especially for the tank truck segment — and represents our nations’ best chance to achieve energy independence.

July 8, 2013
Letters to the Editor, Fuel

Letters: A Helpful Suggestion, Our Tax Dollars

The two highest costs for most trucking companies are fuel and driver labor (not always in that order). When it comes to fuel, most industry companies find relief through surcharges, which allow them to bill shippers for pump prices above a baseline per-gallon cost.

July 8, 2013
Business, Fuel

Diesel Continues to Slide

U.S. retail diesel prices hit their lowest level in more than 11 months last week as the national average dipped 2.1 cents to $3.817 a gallon, according to data from the Department of Energy.

July 8, 2013
Business, Fuel

Oil Rises to More Than $100 a Barrel

Oil rose more than $1 to finish the trading day Wednesday over $100 a barrel, the highest closing price in 14 months, Bloomberg News reported.

July 3, 2013
Business, Fuel

Diesel Drops Again, Declining 2.1¢ to $3.817; Gasoline Drops 8.1¢ to $3.496

Diesel continued its string of recent downturns, falling 2.1 cents to $3.817 a gallon, the biggest of its six straight declines, while gasoline plunged more than 8 cents, the Department of Energy reported.

July 2, 2013