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, Safety, Fuel

SoCal Ports Set Plan to Ban Older Trucks

The Port of Long Beach said it is joining the Port of Los Angeles in setting a plan to bar older trucks from operating at the port, and approved a tariff structure that will gradually limit access to all but the cleanest vehicles.

November 6, 2007
Government, Business, Safety, Fuel

Diesel Soars 14.6¢ to Record $3.303; Gas Jumps Over $3

Diesel fuel jumped to a new all-time high Monday, rising 14.6 cents over last week’s record to $3.303 a gallon, the Department of Energy said.

November 6, 2007
Business, Government, Safety, Fuel, Equipment

Fleets to Face Engine Dilemma as Some Makers Avoid SCR

The decision by two major engine manufacturers, Cummins Inc. and Navistar International, to build 2010 heavy-duty diesel engines without selective catalytic reduction technology has upset truck sales forecasts for the 2009 and 2010 truck markets.

November 5, 2007
Business, Logistics, Fuel, Government

Diesel, Crude Oil Hit New Records

Retail diesel prices continued to climb last week, with the national average jumping 6.3 cents to $3.157 a gallon, matching the record set two years ago, according to the Department of Energy.

November 5, 2007
Business, Government, Fuel

Oil Closes Week at Record $95.93 a Barrel

Crude oil futures jumped more than $2 Friday to a record $95.93 per-barrel closing price on the New York Mercantile Exchange, Bloomberg reported.

November 2, 2007
Business, Fuel

Oil Continues to Soar; Tops $96 in Intraday Trading

Crude oil continued to soar, rising to more than $96 a barrel early Thursday, following Wednesday's Energy Department report that showed lower supplies, Bloomberg reported.

November 1, 2007
Fuel, Business, Logistics, Government

Diesel Rises 6.3¢ to Match Record $3.157

The national average price of diesel fuel rose 6.3 cents to $3.157 a gallon, matching the all-time record set two years ago, the Energy Department said Monday.

October 30, 2007
Business, Fuel, Government, Safety

Kitty Hawk Ceases Operations; Lays Off 500 Workers

Air cargo transporter Kitty Hawk Inc. said it and its subsidiaries will immediately cease all scheduled network air and ground operations, though will continue to operate air cargo charter operations.

October 30, 2007
Business, Government, Fuel

OPEC Says Oil Will Not Reach $100 Soon

OPEC said current record crude oil prices do not reflect the group’s objectives and that oil is not likely to reach $100 a barrel soon, Bloomberg reported Tuesday.

October 30, 2007
Business, Fuel

Oil Tops $93 a Barrel

Crude oil climbed above $93 a barrel for the first time in intraday trading Monday, after Mexico shut 20% of its production, Bloomberg reported.

October 29, 2007