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 Surges 15.5¢ to $3.871; Gasoline Jumps 13.7¢ to $3.52 a Gallon

Diesel took a big jump for the second straight week, spiking 15.5 cents to $3.871 a gallon — its biggest increase and highest pump price since 2008, the Department of Energy said.

March 8, 2011
Business, Fuel

Gasoline Jumps 33¢ in Two Weeks to $3.51 a Gallon, Lundberg Survey Says

Gasoline’s national average price jumped 33 cents in the past two weeks to an average $3.51 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

March 7, 2011
Business, Fuel

U.S. May Open SPR as Oil Nears $107 a Barrel

Oil prices continued their upward trend, nearing $107 a barrel early Monday, and President Obama’s chief advisor said the administration is considering releasing some oil from the Strategic Petroleum Reserve to staunch soaring prices.

March 7, 2011
Business, Fuel

U.S. Fuel Prices Skyrocket; Retail Diesel Jumps 14.3¢ to $3.716

U.S. retail fuel prices shot up last week as petroleum closed above $100 a barrel for the first time since September 2008 and as unrest in Libya and the Middle East left people in trucking wondering how high prices might go and how long they might stay there.

March 7, 2011
Business, Fuel

ATA Backs More Domestic Oil Production

American Trucking Associations has urged the Obama administration to open up opportunities for domestic oil production as a way to lessen the impact of political tumult in the Middle East.

March 3, 2011
Business, Fuel

Oil Closes Over $100 a Barrel for First Time Since 2008

Oil closed over $100 a barrel Wednesday for the first time since September 2008, Bloomberg reported.

March 2, 2011
Business, Fuel

Oil Closes at 29-Month High

Oil closed at a 29-month high near $100 a barrel on continued concerns about Middle East political unrest, Bloomberg reported.

March 2, 2011
Business, Fuel

Diesel Leaps 14.3¢ to $3.716 a Gallon; Gasoline Spikes 19.4¢ to $3.383

Diesel jumped 14.3 cents to $3.716 a gallon, its 13th straight weekly gain, while gasoline soared 19.4 cents to $3.383, the Department of Energy said Monday.

March 1, 2011
Government, Fuel

Calif.’s Global Warming Targets May Cut Light Truck Sales

Automakers may forego as much as $4 billion a year in light truck sales to prevent states led by California from setting their own mileage standards, Bloomberg reported Tuesday.

March 1, 2011
Business, Fuel

Oil Trades Near $100 a Barrel

Oil traded near $100 a barrel early Monday, its highest level in more than two years, as ongoing Middle East political turmoil raised concerns that production may be disrupted further, Bloomberg reported.

February 28, 2011