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 Jumps to Top $112 a Barrel

Oil prices continued to spike Friday, jumping $2.49 to finish the trading week over $112 a barrel on continued concerns over Libya’s civil conflict, Bloomberg reported.

April 8, 2011
Business, Fuel

Oil Hits New 30-Month High Near $109 a Barrel

Oil rose 49 cents Wednesday to a new 30-month high, closing the trading day at $108.83 a barrel on the New York Mercantile Exchange, Bloomberg reported.

April 6, 2011
Business, Fuel

Diesel Rises Again, Gaining 4.4¢ to $3.976

Diesel rose for the 17th time 18 weeks, gaining 4.4 cents to a national average $3.976 per gallon, while gasoline jumped almost 9 cents, the Department of Energy said.

April 5, 2011
Business, Fuel

Oil Continues Gains, Tops $108 a Barrel

Oil closed at more than $108 a barrel Monday, its highest level in 30 months, as Libyan fighting centered near a key Mediterranean oil port, Bloomberg reported.

April 4, 2011
Fuel

U.S. Must Lift Oil Production to Ease Prices, Graves Says

American Trucking Associations President Bill Graves said Congress and the Obama administration must take steps to increase oil production in the Gulf of Mexico, but that domestic oil production alone would not provide a solution to high diesel fuel prices that are hurting the trucking industry.

April 4, 2011
Business, Fuel

Diesel Gains 2.5¢ to $3.932 a Gallon

U.S. retail diesel prices resumed their upward march last week, as the national average increased 2.5 cents to a 30-month high of $3.932 per gallon, leading fleets to take wide-ranging steps to address their mounting costs.

April 4, 2011
Business, Fuel

Oil Surges to Top $106 a Barrel

Oil jumped to its highest closing price in two-and-a-half years over $106 a barrel, on concern that the Libyan conflict will prolong production cuts, Bloomberg reported.

April 1, 2011
Business, Fuel

Graves Tells Congressional Panel Trucking Needs Affordable Diesel Fuel

American Trucking Associations President Bill Graves told a House of Representatives panel Thursday that policymakers need to ensure the trucking industry has access to affordable diesel.

March 31, 2011
Business, Fuel

Oil Price Falls Following Report on Higher Inventories

Oil prices fell to near $104 a barrel Wednesday following a Department of Energy report showed that crude stockpiles jumped almost 3 million barrels last week, Bloomberg reported.

March 30, 2011
Business, Fuel

Diesel Price Resumes Climb, Rising 2.5¢ to $3.932 a Gallon

A week after falling for the first time in four months, diesel resumed its climb toward $4 a gallon, rising 2.5 cents to a national average of $3.932 at the pump, the Department of Energy reported.

March 29, 2011