Fuels Dip but Don’t Match Drop in Crude, Industry Experts Say
Diesel prices dipped slightly for the second week in a row but, according to truckers and analysts, have yet to reflect the full effect of falling crude oil prices, record diesel surpluses and one of the worst freight recessions in trucking history.
July 13, 2009Navistar: EPA Conspired With SCR Engine Makers
Truck and engine manufacturer Navistar Inc. has accused the Environmental Protection Agency of attempting to remove documents from official records and allowing the Engine Manufacturers Association to write the draft of its selective catalytic reduction guidance document for 2010 “in secret collaboration with certain engine makers.”
July 13, 2009Obama Cabinet Members Go to Senate
The Senate last week kicked off debate on an energy bill that includes a controversial cap-and-trade provision to limit carbon emissions, summoning four top Obama administration officials to testify before the committee that will craft the Senate version of climate change and energy policy legislation.
July 13, 2009Oil Falls to Near $60 a Barrel as Inventories Rise
Oil fell almost $3 to near $60 a barrel Wednesday, following an Energy Department report that showed the highest level of distillate fuel inventories in 16 years, Bloomberg reported.
July 8, 2009UPS, FedEx Expand Reports of Carbon Emission Sources
Parcel carriers UPS Inc. and FedEx Corp. are broadening their accounting of greenhouse gas emissions, targeting sources beyond their own direct emissions.
July 8, 2009Regulators Considering Tighter Oil-Market Rules
U.S. and European regulators are considering stricter rules on speculation in oil markets due to concerns that sharp rises in fuel prices could worsen the global recession, the Wall Street Journal reported Wednesday.
July 8, 2009DOE Boosts ’09-’10 Fuel Price Outlook
The Energy Department Tuesday boosted its price forecasts for diesel, gasoline and crude oil for this year and 2010.
July 7, 2009Diesel Falls 1.4¢ to $2.594
Diesel fuel’s national average price fell 1.4 cents to $2.594 a gallon, its second straight decline following almost two months of increases, the Energy Department said.
July 7, 2009Safeway Fleet Set to Fill Tires With Nitrogen
Grocery retailer Safeway Inc. said it will begin inflating its truck and trailer fleet tires with nitrogen instead of compressed air.
July 6, 2009Oil Falls Below $64 a Barrel
Oil fell to a five-week low below $64 a barrel Monday on concerns that global economic recovery will slow, hurting fuel demand, Bloomberg reported.
July 6, 2009