Opinion: Don’t Waste Your Precious Profits
Staggeringly high prices for fuel are with us again. The last time fuel prices were hovering in the neighborhood of $3.80 to $4.40 per gallon, many trucking companies fought back aggressively, using fuel conservation techniques and making sure drivers used the cheapest options available.
March 18, 2011Oil Rises Following Inventory Report
Oil rose modestly from a two-week low but remained under $100 a barrel Wednesday following a report that showed crude inventories rose last week.
March 16, 2011Oil Drops $4 to Near $97 a Barrel
Oil prices dropped sharply Tuesday, declining $4 to near $97 a barrel on lower demand in Japan due to the big earthquake and subsequent nuclear crisis in that country, Bloomberg reported.
March 15, 2011Diesel Rises for 15th Straight Week, Gaining 3.7¢ to $3.908 a Gallon
Diesel rose for the 15th straight week, increasing 3.7 cents to a national average of $3.908 a gallon, while gasoline gained almost a nickel, the Department of Energy said Monday.
March 15, 2011inthinc Launches Web-Based Driver Scorecard
Telematics provider inthinc Technology Solutions Inc. said it launched a Web-based portal for its driver performance-rating product.
March 14, 2011Oil Falls to Two-Week Low Under $100
Oil fell to a two-week low Monday to less than $100 a barrel in part due to concerns that Japan’s big earthquake Friday will hurt growth and reduce fuel demand in that country’s economy, the world’s third-largest, Bloomberg reported.
March 14, 2011Out-of-Control Fuel Prices
Fuel prices have now jumped so high that we all need to pay close attention. Not that we can do much about these skyrocketing prices, except pay and grumble.
March 14, 2011Fuel Prices Take Another Leap
U.S. retail diesel prices shot up another 15.5 cents last week in the largest one-week increase in nearly three years, as the national average price reached $3.871 a gallon, the highest since October 2008, the Department of Energy said.
March 14, 2011Obama Says U.S. May Tap Oil Reserve
President Obama said Friday he is prepared to tap the Strategic Petroleum Reserve if needed to prevent any oil supply disruptions, even as oil prices slipped, news services reported.
March 11, 2011DOE Boosts Diesel, Gas Price Projections
The Department of Energy boosted its projected diesel average this year by 38 cents, to $3.81 a gallon, though the most recent weekly price already tops that level.
March 8, 2011