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

Oil Closes at Record Just Short of $141 a Barrel

Oil closed at a record just short of $141 a barrel on Tuesday, following an International Energy Agency report said supplies may lag behind demand for the next five years, Bloomberg reported.

July 1, 2008

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Fuel, Business, Government

Auto Sales Plunge, Led by Decline in Pickups, SUVs

Three major automakers reported their June sales plunged as fuel prices reached record levels, Bloomberg reported Tuesday.

July 1, 2008
Fuel, Business, Logistics

Diesel Dips 0.3¢ to $4.645; Gas Hits Record $4.095

Diesel fuel’s national retail pump average declined 0.3 cent to $4.645 a gallon, the Energy Department reported.

July 1, 2008
Business, Fuel, Safety, Government

Truck Stops See Increase in Diesel Thefts as Fuel Prices Soar

An executive with Pilot Travel Centers said the number of diesel fuel thefts has soared this year.

July 1, 2008
Business, Fuel, Safety

Volvo Gains Extension on Drivetrain, Hybrid Research Grant

The U.S. Department of Energy and the government of Sweden extended a cooperative agreement with the Volvo Group on development of alternative drivelines, Volvo said Monday.

June 30, 2008
Government, Business, Safety, Fuel

Averaging Has Given Engine Makers Flexibility to Meet Emission Targets

Large-scale manufacturing of 550-horsepower, 13-liter diesel truck engines that can run for a million miles is such a complicated endeavor that, since 1990, EPA has given engine makers some short-term wiggle room on hitting emissions targets through its averaging, banking and trading program.

June 30, 2008
Business, Fuel

Oil Continues to Surge, Rising Past $143 a Barrel

Crude oil rose to a record of more than $143 a barrel Monday, on Mideast supply concerns and a shaky global economy, the Associated Press reported.

June 30, 2008
Business, Fuel, Government

Many Trucking Shares Gain During 2008 Despite Ongoing Industry Woes

Despite trucking’s struggles to overcome record fuel prices, weak demand and overcapacity, many carriers’ stocks have gained thus far in 2008.

June 30, 2008
Business, Government, Safety, Fuel

EGR Proponents to Use Credits to Meet 2010 Engine Standards

The two major engine makers that will employ exhaust gas recirculation technology to meet the tightened federal emissions rules that go into effect in 2010 will use credits they have earned from the Environmental Protection Agency to hit the new mark.

June 30, 2008
Government, Business, Safety, Fuel

Diesel Dips 4.4¢ to $4.648 a Gallon

The fuel price express took a holiday last week, as the average price of diesel dipped 4.4 cents a gallon to $4.648, and the price of gasoline declined for the first time in three months, according to the Department of Energy.

June 30, 2008