Biodiesel Board Says Production Is Halted as Industry Waits for Restoration of Tax Credit
The biodiesel industry was at a virtual standstill last week, despite an assurance by two Senate leaders they will introduce legislation “as soon as possible” to reinstate the tax credit that expired on Dec. 31.
January 11, 2010Diesel Jumps 6.5¢ to $2.797
The average price of U.S. retail diesel rose 6.5 cents a gallon last week to $2.797, the Department of Energy reported, and additional increases may be on the way as crude oil remained above $80 a barrel.
January 11, 2010Diesel Jumps 6.5¢ to $2.797
Diesel fuel rose by the most in more than two months, jumping 6.5 cents to $2.797 a gallon, the Department of Energy said.
January 5, 2010Federal Biodiesel Tax Credit Ends
A federal tax credit that provided makers of biodiesel $1 for every gallon expired Friday, and as a result some U.S. producers say they will shut down without the government subsidy, the Associated Press reported.
January 4, 2010Arrow Trucking Suddenly Shuts Down
Flatbed carrier Arrow Trucking Co. closed suddenly Dec. 22, shutting off its fuel cards and leaving an unknown number of drivers for its 1,400 trucks stranded around the country, industry and federal officials have said.
January 4, 2010ATA Says It Will Seek a Summary Judgment in Dispute With L.A. Port at Jan. 11 Hearing
Lawyers for American Trucking Associations said they will ask a federal judge on Jan. 11 to forgo a trial in ATA’s clean trucks lawsuit against the Port of Los Angeles and instead to issue a summary judgment in their favor.
January 4, 2010Diesel Rises 0.6¢ to $2.732
The average cost of a gallon of diesel in the United States rose for the first time in eight weeks, inching up 0.6 cent to $2.732 a gallon, the Department of Energy reported.
January 4, 2010Diesel Gains 0.6¢ to $2.732 for First Increase in Eight Weeks
Diesel rose for the first time in eight weeks, gaining 0.6 cent to $2.732 a gallon, the Department of Energy reported.
December 29, 2009Diesel Falls 2.2¢ to $2.726
Diesel fuel fell 2.2 cents to $2.726 a gallon, the Department of Energy said Tuesday.
December 22, 2009ATA to Seek Summary Judgment in Clean Trucks Lawsuit
Attorneys for American Trucking Associations said that on Jan. 11 they will ask a federal judge to forego a trial in their clean trucks lawsuit against the Port of Los Angeles and instead issue a summary judgment in the trade association’s favor.
December 22, 2009