Oil Soars Past $122; Regulators Considering More Oversight
With oil soaring to new records — crude surged past $122 a barrel on Tuesday for the first time — federal regulators are considering stricter regulation of the oil industry, the Wall Street Journal reported Tuesday.
May 6, 2008Diesel Falls 2.8¢ to $4.149; Gasoline, Oil Reach Records
The national average price of diesel fuel fell for the first time in a month, declining 2.8 cents to $4.149 a gallon, the Energy Department said Monday.
May 6, 2008Auto Industry Seeks States’ Support on Emissions Rules
The automobile industry is focusing on state lawmakers in an effort to head off any plans to regulate greenhouse-gas emissions similarly to California, the Wall Street Journal reported Monday.
May 5, 2008Fuel Cards Offer New Services as Competition Intensifies
Competition among fuel-card providers to keep major fleets is intensifying as carriers seek to mitigate the $4-a-gallon cost of fuel by paying closer attention to how it’s purchased.
May 5, 2008Diesel Rises 3.4¢ to $4.177
U.S. retail diesel prices set a record for the third consecutive week as the national average rose 3.4 cents a gallon to $4.177, according to data from the Department of Energy.
May 5, 2008Diesel Gains 3.4¢ to Record $4.177
The national average price of diesel fuel rose to a new record high, gaining 3.4 cents to $4.177 a gallon, the Department of Energy said Monday.
April 29, 2008Truckers Protest in Washington Over High Fuel Prices
Hundreds of truck drivers descended on Washington Monday to protest high diesel prices, WRC-4 television reported on its Web site.
April 28, 2008Oil Hits Record Near $120 a Barrel
Crude oil prices hit an all-time record in Monday, hitting $119.93 a barrel in pre-market electronic trading on the New York Mercantile Exchange, the Associated Press reported.
April 28, 2008ATA Officer Calls for Oil Release From SPR
WASHINGTON — The government should not only stop filling the Strategic Petroleum Reserve, but also consider releasing oil to help lower the price of diesel fuel, Dave Berry, chairman of the American Trucking Associations’ environmental and energy policy committee, told Congress last week.
April 28, 2008Truckload Carriers Trim Fleets as Freight Declines, Fuel Rises
Truckload carriers are slashing capacity at the highest rate in a decade in an effort to bring supply and demand into balance as fuel prices skyrocket and demand withers, according to industry experts.
April 28, 2008