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.

Government, Business, Technology, Fuel, Logistics

Diesel Continues to Slide, Drops 1.7 Cents to $3.338 a Gallon

fuel pump Daniel Acker — Bloomberg

The U.S. average retail price of diesel dropped 1.7 cents to $3.338 a gallon as prices for West Texas Intermediate crude oil continued to sink despite concerns that global supplies could fall amid U.S.-imposed sanctions on Iran. It was the third consecutive weekly decline in the price of diesel.

Roger Gilroy | Staff Reporter
November 5, 2018
Business, Fuel

Pilot Flying J in Expansion, Charitable Modes as It Turns 60

Pilot Flying J sign John Sommers II for Transport Topics

Executives with Pilot Flying J, the largest operator of travel centers in North America, said the company is expanding related services such as urgent care centers and oil field trucking as it celebrates its 60th anniversary this year. At the same time, the company is donating a total of $2 million to more than 20 organizations supporting military families and other community groups.

Roger Gilroy | Staff Reporter
November 5, 2018
Business, Technology, Fuel, Autonomous

Nikola to Expand Into Europe With Hydrogen-Electric Tre

Nikola's Tre Nikola's Tre is designed to be fully autonomous. (Nikola Motor Co.)

Nikola Motor Co. announced it would begin production within five years in Europe of a heavy-duty, hydrogen-electric truck designed to be compatible with full autonomy as it expands its business beyond North America.

Roger Gilroy | Staff Reporter
November 5, 2018
Government, Business, Fuel

Oil Trades Near Six-Month Low as Fears of a Shortage Subside

Oil drilling Ali Mohammadi/Bloomberg News

Oil traded near a six-month low as the prospects of a tight global market at the end of the year further receded after the U.S. softened the restart of sanctions against Iran.

Grant Smith | Bloomberg News
November 5, 2018
Business, Fuel

Exxon 3Q Profit Surges on Higher Energy Prices

Exxon Sign Mark Humphrey/Associated Press

DALLAS — Higher oil prices propelled Exxon’s third-quarter profit up 57% to $6.24 billion despite another drop in production. It was Exxon’s best third quarter since 2014, when the effects of a collapse in oil prices had not yet been felt, and a sign that Big Oil is coming back.

David Koenig | Associated Press
November 2, 2018
Government, Business, Fuel

FTC Requires Marathon to Sell Stores to Avoid Antitrust

Marathon John Raoux/Associated Press

The Federal Trade Commission is requiring Marathon to sell five New York convenience stores to settle charges that its proposed acquisition of Express Mart would violate federal antitrust laws.

Matt Sanctis | Dayton (Ohio) Daily News
October 31, 2018
Government, Business, Fuel

Canadian Producers Turn to Oil Trucks as Supply Glut Grows

Tanker Truck Randy L. Rasmussen/Associated Press

Tanker trucks laden with oil are journeying almost 500 miles to pipeline and rail terminals. It’s a phenomenon that Ken Boettcher, president of Three Star Trucking Ltd. in Alida, Saskatchewan, started to see three or four months ago when oil shippers around Kindersley, near the Alberta border, began requesting trucks to move their crude, in some cases, as far south as North Dakota.

Robert Tuttle | Bloomberg News
October 31, 2018
Business, Technology, Fuel

Shell Lubricants Launches ProAcademy Web-Based Training

John Walters John Walters makes the announcement at MCE. (John Sommers II for Transport Topics)

AUSTIN, Texas — Shell Lubricants announced the launch for fleet customers and noncustomers alike of Shell ProAcademy, an online modular learning tool intended to educate and retain technicians.

Roger Gilroy | Staff Reporter
October 30, 2018
Business, Fuel

BP Breaks From Peers to Unleash Cash Bet on Oil Staying High

BP Matthew Lloyd/Bloomberg News

BP is gearing up to leave European competitors in the dust, at least when it comes to spending the oil industry’s enormous cash pile. While Total SA and Equinor ASA signaled last week they still are keeping a tight rein on spending, BP showed Oct, 30 it is prepared to take some risks.

Kelly Gilblom | Bloomberg News
October 30, 2018
Business, Fuel

Volvo Announces New Fuel-Efficiency Program for VNL 760, 860 Models

VTNA President Peter Voorhoeve VTNA President Peter Voorhoeve by John Sommers II for Transport Topics

AUSTIN, Texas — With the price of diesel steadily rising, Volvo Trucks is promoting the improved fuel efficiency of its new Xceed package that will be available in January on its 2020 model-year VNL 760 and VNL 860 trucks.

Dan Ronan | Associate News Editor
October 29, 2018

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