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 Holds Under $95 a Barrel

Oil traded near the lowest in two days as China signaled it may step up efforts to cool its economy, tempering fuel demand in that country, Bloomberg reported Tuesday.

July 5, 2011
Business, Fuel

Diesel Fuel Price Falls 6.2¢ to $3.888 a Gallon

The average price of a gallon of retail diesel in the United States declined 6.2 cents to $3.888 last week, the Department of Energy reported.

July 4, 2011
Business, Fuel

Oil Rises to Top $95 a Barrel

Oil rose 65 cents Thursday, rebounding from earlier declines to finish the trading day at $95.42 a barrel on the New York Mercantile Exchange, Bloomberg reported.

June 30, 2011
Business, Fuel

Ryder Signs Agreements for Heavy-Duty Natural Gas Trucks

Ryder System said Tuesday it sees more demand for heavy-duty natural gas vehicles and that it has secured lease agreements for 87 heavy-duty natural gas trucks.

June 28, 2011
Business, Fuel

Diesel Falls 6.2¢ to $3.888 for Eighth Drop in 10 Weeks; Gas Declines 7.8¢ to $3.574

Diesel fell for the eighth week in the past ten, declining 6.2 cents to $3.888 a gallon, the Department of Energy said.

June 28, 2011
Business, Fuel

Gasoline Continues to Decline, Falling 11¢ to $3.63, Lundberg Survey Says

Gasoline’s national average price continued its downward trend, falling 11 cents in the past two weeks to an average $3.628 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

June 27, 2011
Business, Fuel, Government

Diesel Dips 0.4¢ to $3.95 a Gallon; DOE to Open Strategic Petroleum Reserve

The average price of a gallon of retail diesel dipped for the sixth time in the past seven weeks, even before 28 nations agreed June 23 to release 60 million barrels of crude oil from their strategic reserves in a bid to drive fuel prices lower around the world.

June 27, 2011
Business, Fuel

Oil Falls to 4-Month Low Near $91 a Barrel; U.S. To Tap Strategic Petroleum Reserve

Oil fell more than $4 to a four-month low near $91 a barrel Thursday after the U.S. government said it would tap the Strategic Petroleum Reserve as part of an international effort to boost supplies, Bloomberg reported.

June 23, 2011
Business, Fuel

Diesel Dips 0.4¢ to $3.95 a Gallon; Gasoline Falls for Sixth Week

Diesel’s national average pump price dipped 0.4 cent to $3.95 a gallon, while gasoline took its sixth straight decline, dropping 6.1 cents to $3.652, the Department of Energy said.

June 21, 2011
Business, Fuel

Oil Falls to Near $91 a Barrel

Oil fell to near $91 a barrel in early trading Monday, the lowest intraday price since February and below the closing price at the end of last year, Bloomberg reported.

June 20, 2011