Government, Business, Fuel

Diesel Down 3.7¢ to $2.976 a Gallon in 13th Straight Decline

Kenworth trucks fuel up Daniel Acker/Bloomberg News

The U.S. average retail price of diesel dropped 3.7 cents to $2.976 a gallon, the U.S. Energy Information Administration reported Jan. 14, even as crude oil prices climbed above $50 per barrel.

January 15, 2019
Business, Fuel

2018 Diesel Prices Stay Consistent Around $3 a Gallon

Year in Review

Diesel prices started off 2018 low, but as the year comes to a close, the average price of diesel is more than 20 cents higher than in 2017.

Transport Topics
December 24, 2018
Government, Business, Fuel

Diesel Drops 5.4¢ to $3.207

A truck driver pumps diesel Getty Images

The U.S. average retail price of diesel dropped 5.4 cents to $3.207 a gallon, the U.S. Energy Information Administration reported Dec. 3, as crude oil prices fluctuated but remained below $55 per barrel.

Transport Topics
December 3, 2018
Business, Fuel

Sunoco Finalizes Deal for Brenco Marketing

Sunoco Russ MacNeil

Sunoco has completed its $24 million acquisition of Brenco Marketing Corp.’s fuel-distribution business.

Transport Topics
October 22, 2018
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