Fuel

About Fuel News...
Fuel, Government, Business

Teamsters Support Bills Aimed at Curbing Fuel Speculation

The Teamsters Union said Tuesday it supports a Congressional bill to help curb fuel costs.

June 24, 2008
Fuel

UPS Lowers 2Q Earnings Forecast

UPS Inc.

UPS Inc. downgraded its second-quarter earnings forecast to 83 to 88 cents per share, from an earlier 97 cents to $1.04 forecast, citing U.S. slow economic growth and soaring fuel costs.

June 24, 2008
Business, Fuel, Government

Diesel Falls 4.4¢ to $4.648; Gas Dips 0.3¢ to $4.079

Tom Biery/Trans Pixs

The average price of diesel fell for the third time in the past four weeks, declining 4.4 cents to $4.648 a gallon, the Department of Energy said Monday.

June 24, 2008
Fuel, Business, Government

ASTM Panel Votes to Modify Biodiesel Standards

Engineering standards group ASTM International voted to tighten standards on pure and blended biodiesel fuel during meetings last week in Vancouver, British Columbia.

Jonathan S. Reiskin | Associate News Editor
June 23, 2008
Fuel, Business, Government

ASTM Panel Votes to Modify Biodiesel Standards

Engineering standards group ASTM International voted to tighten standards on pure and blended biodiesel fuel during meetings last week in Vancouver, British Columbia.

June 23, 2008
Business, Fuel

Oil Rises Above $137 Despite Saudi Pledge to Boost Output

Crude oil rose to topped $137 a barrel on Monday before falling back, despite a pledge by Saudi Arabia over the weekend to boost production by 200,000 barrels a day, Bloomberg reported.

June 23, 2008
Fuel, Business, Technology, Equipment, Safety

Ryder Offers New GPS Tool

Ryder System

Ryder System is offering its customers a new high-tech tool to help its customers save fuel, the Miami Herald reported Monday.

June 23, 2008
Business, Logistics, Fuel, Government

Diesel Average Remains Unchanged at $4.692

The national average diesel price remained unchanged at $4.692 a gallon last week, following small declines for the previous two weeks, the Department of Energy reported, matching the longest stretch without an increase so far this year.

June 23, 2008
Government, Business, Safety, Fuel

ATA Cites Concerns on Patchwork Climate Change Regs

A top trucking official urged Congress Thursday to take a cautious approach to climate change initiatives, saying the industry was concerned over the impacts of pending cap-and-trade legislation on the economy and fuel prices.

June 20, 2008
Fuel, Government, Business

Oil Rises to Close Week Over $134 a Barrel

Crude oil rose Friday, a day after sliding almost $5 on reports that China would raise fuel prices, news services reported.

June 20, 2008

Pages