Fuel

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Business, Fuel, Government

Trade Gap Shrinks More Than Forecast as US Oil Imports Dry Up

The trade deficit narrowed in November as U.S. petroleum imports sank to the lowest level in more than five years.

Michelle Jamrisko | Bloomberg News
January 7, 2015

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Business, Fuel

Diesel Tumbles 7.6¢ to $3.137 as Oil Hits $50 a Barrel

Diesel prices started the new year the way they ended 2014, falling 7.6 cents to $3.137 a gallon as oil prices fell below $50 a barrel for the first time in almost six years.

Michael G. Malloy | Web Editor
January 5, 2015
Business, Fuel

Oil Extends Decline From 5 1/2-Year Low as Glut Persists

Oil fell for a third day, extending its drop from the lowest close since 2009, as record supplies from Iraq and Russia bolstered speculation that a global glut that drove crude into a bear market will persist.

January 5, 2015
Business, Fuel, Safety, Government, Autonomous

Fate of Cross-Border Trucking Still Unclear After Report Calls Mexican Pilot Too Small

The possibility of more Mexican trucks running in the United States is still up in the air after a recent report by the Department of Transportation’s Inspector General concluded participation in a three-year pilot program was too small to yield sufficient safety data.

January 5, 2015
Fuel

Diesel Falls Again to Close Year at $3.213

The average price of U.S. retail diesel fell 6.8 cents a gallon for the final week of the year to $3.213, the U.S. Department of Energy said Dec. 29.

Jonathan S. Reiskin | Associate News Editor
December 29, 2014
Business, Fuel

Diesel Plunges 13.8¢ to Four-Year Low $3.281

The price of diesel plunged 13.8 cents to $3.281 a gallon, the lowest level in four years, the Department of Energy reported Dec. 22.

Michael G. Malloy | Web Editor
December 22, 2014
Fuel

Diesel Average Drops 11.6¢ To Lowest Since Jan. 2011

The U.S. retail diesel average continued its downward push last week, plummeting 11.6 cents a gallon to $3.419, the lowest since January 2011, the Department of Energy reported.

December 22, 2014
Business, Fuel

Oil Drops to 5-Year Low on Concern Supply Glut to Worsen

Crude oil dropped to the lowest level in more than five years Dec. 18 on concern a supply glut will worsen.

Moming Zhou | Bloomberg News
December 18, 2014
Business, Fuel

Diesel Declines 11.6¢ to $3.419 a Gallon

The average retail price of diesel plummeted another 11.6 cents this week, sending trucking’s main fuel down to $3.419 a gallon, a low not seen in almost four years, the Department of Energy said.

Michele Fuetsch | Staff Reporter
December 15, 2014
Business, Fuel

Diesel Dives 7¢ to $3.535

The U.S. diesel average price dropped 7 cents last week, to $3.535 a gallon, and the Department of Energy said prices should fall below $3 next spring for the first time since 2010.

December 15, 2014