Threat to End Federal Fuel Taxes Concerns Transportation Officials
Faced with the expiration in September of federal transportation taxes on gasoline and diesel fuel, highway advocates say they are increasingly worried that the anti-tax, anti-government rancor that characterized the debt ceiling battle could endanger the nation’s transportation system.
August 8, 2011Diesel Price Dips 1.2¢ to $3.937; Crude Oil Plunges Below $87 a Barrel
The national average price of retail diesel dipped 1.2 cents a gallon to $3.937 last week, the fifth time in nine weeks it has declined, the Department of Energy reported.
August 8, 2011Oil Drops to Five-Month Low Under $90 a Barrel
Oil finished the trading day Thursday at its lowest level since February, diving below $90 a barrel as equities markets plunged, Bloomberg reported.
August 4, 2011Diesel Dips 1.2¢ to $3.937 a Gallon; Gasoline Rises for Fifth Straight Week
Diesel declined for the first time in four weeks, dipping 1.2 cents to $3.937 a gallon, the Department of Energy said.
August 2, 2011TTSI to Purchase 100 Zero-Emission Class 8 Trucks
Vision Industries Corp. has announced that drayage and logistics company Total Transportation Services Inc. intends to purchase 100 of its zero-emission, hydrogen fuel cell-electric Class 8 trucks for about $27 million.
August 1, 2011Oil Rises From 2-Week Low Following Draft Debt-Ceiling Agreement
Oil rose nearly $2 from a two-week low Monday following signs that U.S. lawmakers were close to an agreement to raise America’s debt ceiling, Bloomberg reported.
August 1, 2011ATA Joins Coalition to Defend 2010 Law That Curbs Excessive Oil Speculation
A coalition of oil users that includes American Trucking Associations recently urged congressional leaders to “fully fund and defend” rules in the new financial reform law designed to curb excessive speculation in oil futures.
August 1, 2011Diesel Fuel Price Average Reaches $3.949 After Third Straight Increase
U.S. retail diesel prices rose for the third consecutive week, increasing 2.6 cents a gallon to a national average of $3.949, the Department of Energy reported.
August 1, 2011Obama Sets 54.5-mpg Fuel-Efficiency Standard for Cars, Light Trucks by 2025
President Obama announced an agreement with 12 major automakers to boost fuel-economy standard for cars and light-duty trucks to 54.5 mpg by 2025, the Department of Transportation said.
July 29, 2011Opinion: Consider Hedging On-Road Fuel Costs
Perhaps your company already has explored myriad ways to reduce the cost of on-road fuel. But have you considered hedging the cost of your on-road fuel?
July 29, 2011