Sunoco Partners Marketing & Terminals said it has paid approximately $66 million to obtain the equity stake in Sandford Energy it did not already own, giving Sunoco full control of the company.
August 7, 2018fuel
Business, Fuel, Top 100
A Sandford station in Decatur, Texas. (Sandford Energy)
Sunoco Completes Equity Purchase of Sandford Energy
A Sandford station in Decatur, Texas. (Sandford Energy)
Government, Business, Safety, Fuel
Tim Rue/Bloomberg News
Oil Industry Starts Eradicating Ship Fuel Supply Ahead of IMO Mandate
Tim Rue/Bloomberg News
Shippers beware: Oil refineries are starting to eradicate stockpiles of sulfur-rich fuel that powers the merchant fleet in anticipation of a demand collapse in fewer than 18 months.
August 6, 2018
Business, Fuel, TCA
Paul Rosemeyer/Flickr
Marathon Reports $1 Billion in 2Q Earnings
Paul Rosemeyer/Flickr
Marathon executives touted earnings of more than a billion dollars in the second quarter this year and said the oil company is making progress in a proposed merger with a Texas-based refiner.
August 1, 2018
Government, Business, Fuel
The Heavy Bunker Fuel Channel via YouTube
Will Trucking Be Affected by New Pollution Rules for Ocean Shipping?
The Heavy Bunker Fuel Channel via YouTube
The U.S. Environmental Protection Agency on July 30 plans to begin reviewing the economic impact the transportation industry may face if tighter requirements remain in place that prohibit the use of high-sulfur fuel in cargo ships within 200 miles of the U.S. coastline.
July 11, 2018
Business, Fuel
Daniel Acker/Bloomberg
Diesel Inches Up 0.7¢ to $3.243
Daniel Acker/Bloomberg
The U.S. average retail price of diesel inched up 0.7¢ to $3.243 a gallon while oil prices were flat.
July 9, 2018
Business, Fuel
Matthew Staver/Bloomberg News
Diesel Slides 2.8¢ to $3.216 a Gallon
Matthew Staver/Bloomberg News
The U.S. average retail price of diesel fuel fell 2.8 cents to $3.216 a gallon, the fourth week in a row of declines, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration.
June 25, 2018
Government, Business, Fuel
Daniel Acker/Bloomberg News
10-Week Streak of Rising Diesel Prices Ends With .3¢ Drop
Daniel Acker/Bloomberg News
For the first time in 11 weeks the U.S. average retail price of diesel decreased, dropping by .3 cent to $3.285, according to the U.S. Department of Energy’s Energy Information Administration report June 4.
June 4, 2018
Government, Business, Fuel
Hampha Bouaphanh/Fort Worth Star-Telegram
Diesel Prices Gain 1.1¢ in 10th Straight Increase
Hampha Bouaphanh/Fort Worth Star-Telegram
The U.S. average retail price of diesel increased for the 10th week in a row, nudging up 1.1 cents to $3.288 a gallon, according to the U.S. Department of Energy’s Energy Information Administration report May 28.
May 29, 2018
Business, Fuel
Associated Press
Diesel Rises for 9th Straight Week, Up 3.8¢ to $3.277
Associated Press
The U.S. average retail price of diesel fuel rose 3.8 cents last week to $3.277 a gallon, making it the ninth straight week that the price of trucking’s main fuel has gone up, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration on May 21.
May 21, 2018
Government, Business, Fuel, TCA
Ty Wright/Bloomberg News
Get Ready for the Most Expensive Driving Season in Years
Ty Wright/Bloomberg News
Get ready for a little bit more pain at the pump this summer. Crude oil prices are at the highest level in more than three years and expected to climb higher, pushing up gasoline prices along the way.
April 30, 2018Pages
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