Report Finds New Oil Blends Could Improve Fuel Efficiency Up to 1.5%
Two new low-viscosity oil lubricants set to come onto the market, CK-4 and FA-4, will improve fuel efficiency in heavy-duty trucks between 0.5% and 1.5%, according to a new report from the North American Council for Freight Efficiency.
Oregon Gov. Kate Brown Renews Call For Oil Train Moratorium
Gov. Kate Brown again called for a moratorium on oil trains in Oregon, after federal regulators released findings June 23 that blamed this month's fiery derailment and spill in the Columbia River Gorge on Union Pacific's failure to maintain its tracks.
Oregon Calls for Indefinite Moratorium on Oil Trains Through the State
Oregon has asked the Federal Railroad Administration to place an open-ended moratorium on oil trains traveling through the state, because preliminary findings of an investigation into the June 3 derailment in Mosier suggest inspectors might not be able to detect the problem that likely caused the crash.
Gearing Up for New Engine Oils
The heavy-duty engine oil specification that has been used for about 10 years is set to be replaced by two new ones: CK-4 and FA-4. The pair have been enhanced to withstand the rigors of lubricating hotter-running diesel engines and boost fuel efficiency better than the current offering, known as CJ-4 and marketed under many brands.
New Engine Oils Coming in December
Two new types of engine oils are coming to market Dec. 1. The heavy-duty oil specification that has been used for nearly a decade will be replaced by CK-4 and FA-4, and this crucial development is one of the cover stories in this issue of Equipment & Maintenance Update.
Oil in Longest Losing Streak in Four Months as US Supplies Gain
Oil fell for a fifth consecutive day June 14, heading for the longest run of declines since February, as U.S. industry data showed crude stockpiles expanded, exacerbating an oversupply.
Some Hedge Funds Are Betting Oil Will Surge Above $100
Oil investors are buying contracts that will only pay out if crude rises well above $100 a barrel over the next four years — a clear sign some believe today’s bust is sowing the seeds of the next boom.
Oil Rises From 10-Month High as US Stockpiles Seen Declining
Oil advanced from the highest close in more than 10 months before U.S. government data forecast to show crude stockpiles dropped for a third week, trimming a glut.
Eyes Are on Drilling Rigs as Oil Flirts With $50 a Barrel
The oil market is turning its attention back to the United States as more of its rigs return to work after a surge to $50 a barrel, raising concern that a production rebound may stifle crude’s recovery.
Residents Return to Canadian Oil-Sands Town Devastated by Wildfires
Residents are returning home to Fort McMurray, the Alberta, Canada, oil-sands town devastated by wildfires last month. Many are counting on rebuilding efforts to give their trucking businesses a boost following a nearly two-year-long recession caused by the oil industry downturn.