fuel
Business, Fuel, Top 100

Sunoco Completes Equity Purchase of Sandford Energy

Sandford fuel station A Sandford station in Decatur, Texas. (Sandford Energy)

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.

Transport Topics
August 7, 2018
Government, Business, Safety, Fuel

Oil Industry Starts Eradicating Ship Fuel Supply Ahead of IMO Mandate

Ship 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.

Jack Wittels and Alfred Cang | Bloomberg News
August 6, 2018
Business, Fuel, TCA

Marathon Reports $1 Billion in 2Q Earnings

Marathon station at night 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.

Matt Sanctis | Dayton (Ohio) Daily News
August 1, 2018
Government, Business, Fuel

Will Trucking Be Affected by New Pollution Rules for Ocean Shipping?

Ship 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.

Dan Ronan | Associate News Editor
July 11, 2018
Business, Fuel

Diesel Inches Up 0.7¢ to $3.243

Diesel fuel fillup 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.

Transport Topics
July 9, 2018
Business, Fuel

Diesel Slides 2.8¢ to $3.216 a Gallon

tanker truck 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.

Burney Simpson | Staff Reporter
June 25, 2018
Government, Business, Fuel

10-Week Streak of Rising Diesel Prices Ends With .3¢ Drop

Fuel 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.

Dan Ronan | Associate News Editor
June 4, 2018
Government, Business, Fuel

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.

Dan Ronan | Associate News Editor
May 29, 2018
Business, Fuel

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.

Burney Simpson | Staff Reporter
May 21, 2018
Government, Business, Fuel, TCA

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.

Alex Veiga | AP Business Writer
April 30, 2018

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