Oil Holds Over $96 on Isaac Concerns
Oil held over $96 a barrel in early trading Friday as forecasters kept an eye on Tropical Storm Isaac, which is likely to move into the Gulf of Mexico next week as a low-level hurricane, Bloomberg reported.
August 24, 2012Daily Briefings from Transport Topics
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Diesel Tops $4 for First Time Since May; Gasoline Rises 2.3¢ to $3.744 a Gallon
Diesel rose 6.1 cents to $4.026 a gallon, its seventh straight increase and the first time it has topped $4 in three months, the Department of Energy reported.
August 21, 2012Fleets Turn to New Technology, Natural Gas to Reduce Expenses During Slow Growth
BOCA RATON, Fla. — Executives with both for-hire and private fleets said they increasingly are turning to cost-saving technologies and natural gas to reduce expenses in a slow-growth economy.
August 21, 2012Oil Holds at Three-Month High Over $96
Oil held at a three-month high over $96 a barrel Monday, as European leaders were set to meet to discuss ways to combat their ongoing debt crisis, Bloomberg reported.
August 20, 2012DEF Pump Prices Down Sharply as Supply Grows, Urea Drops
The price of diesel exhaust fluid at the pump at U.S. truck stops dropped significantly in July, following a similar decline for urea, the main ingredient in DEF.
August 20, 2012Diesel Fuel Jumps 11.5¢ to $3.965 a Gallon
U.S. retail diesel prices spiked 11.5 cents to $3.965 a gallon last week, the Department of Energy reported, the largest increase in 17 months. Experts attributed the gain to higher crude prices, falling inventories and a refinery fire.
August 20, 2012FMCSA Extends Comment Deadline for Oilfield Rule
The Federal Motor Carrier Safety Administration has pushed back the deadline for public comment about changes to the hours-of-service rules for oilfield haulers.
August 16, 2012Crude Oil Inventories Drop
Stockpiles of crude oil dropped 3.7 million barrels to 366.3 million, in the seven days ended Aug. 10, said the Department of Energy on Wednesday.
August 15, 2012Diesel Rises for Sixth Week, Up 11.5¢ to $3.965; Gasoline Rises 7.6¢ to $3.721 a Gallon
Diesel rose 11.5 cents to $3.965 a gallon, its sixth straight gain, while gasoline rose 7.6 cents to $3.721 the Department of Energy said.
August 14, 2012Comdata Starts Processing Cardless Fuel Transactions
Comdata Corp. said it has started processing cardless fueling transactions using radio-frequency identification, while two major truck-stop chains work to install the wireless technology at all of their fueling locations.
August 13, 2012