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, Fuel

Diesel Slides 1.4¢ in First Decline Since Aug. 20

Diesel Daniel Acker/Bloomberg News

The U.S. average retail price of diesel inched down 1.4 cents to $3.380 a gallon as crude oil prices slipped amid growing U.S. inventories of crude.

Roger Gilroy | Staff Reporter
October 22, 2018
Government, Business, Fuel

North Dakota Pipeline Company Gauges Interest in Expanding Oil Volume

Dakota Pipeline Work being done one the Dakota Access Pipeline in S.D. (Tom Stromme/Associated Press)

BISMARCK, N.D. — The developer of the Dakota Access pipeline is gauging shippers’ interest in a possible expansion of the volume of crude oil moved through the pipeline from 500,000 barrels to 570,000 barrels per day, despite ongoing tribal efforts to shut the pipeline down.

Associated Press
October 22, 2018
Business, Fuel

Sunoco Finalizes Deal for Brenco Marketing

Sunoco Russ MacNeil

Sunoco has completed its $24 million acquisition of Brenco Marketing Corp.’s fuel-distribution business.

Transport Topics
October 22, 2018
Business, Technology, Equipment, Fuel

AxleTech, Thor Trucks Partner to Build Heavy-Duty E-Powertrain

Heavy-Duty E-Powertrain Thor intends to market in 2019 the ET-1, a battery-electric Class 8 day cab that will have a 100-mile range and cost $150,000. (Thor Trucks Inc.)

AxleTech and Thor Trucks have partnered to create a fully electric commercial vehicle powertrain, according to an Oct. 16 press release. The two will integrate AxleTech’s e-axle technology with Thor’s proprietary battery technology.

Transport Topics
October 22, 2018
Business, Fuel

Marathon Considers Selling High-Ethanol Gas in Minnesota

Marathon gas pump Michael Conroy/Associated Press

Marathon Petroleum Corp., the largest U.S. oil refiner after its $23.3 billion acquisition of rival Andeavor this month, is weighing a plan to start sales of high-ethanol gasoline at its stations in Minnesota, according to people familiar with the matter.

Mario Parker and Jennifer A. Dlouhy | Bloomberg News
October 22, 2018
Government, Business, Fuel

Refiners Slump as Trump Looks to Slow-Roll IMO Fuel Mandate

oil refinery Darryl Dyck/Bloomberg News

U.S. refiners are getting stung by President Donald Trump’s reported efforts to keep consumer prices from rising in the run-up to the 2020 election. The Trump administration is seeking to slow the implementation in 2020 of tighter fuel restrictions on the global shipping industry.

Stephen Cunningham | Bloomberg News
October 19, 2018
Government, Business, Technology, Equipment, Fuel

Trucking to Turn More to Alternative Fuels, Experts Say

Alternative Fuels A truck operated by the Cummins engineering department (foreground) stands beside a tractor-trailer combination from the Monarch Beverage Co. Both run on compressed natural gas. (Roger Gilroy/Transport Topics)

INDIANAPOLIS — Sales of Class 8 natural gas fueled trucks are rising, grants and incentives for using alternative fuels are expanding and more related regulations are coming as major shippers pursue environmental sustainability, experts said at an industry forum here.

Roger Gilroy | Staff Reporter
October 18, 2018
Government, Business, Fuel, Logistics

Congestion Creates $74.5 Billion Burden for Trucking, ATRI Analysis Shows

Truck and car congestion Virginia Department of Transportation

Traffic congestion on the nation’s highways added $74.5 billion in operational costs to the trucking industry in 2016, according to the American Transportation Research Institute’s recent analysis.

Eleanor Lamb | Staff Reporter
October 18, 2018
Government, Business, Fuel

Colorado Voters Could Play Role in Determining State’s Oil Output

Oil drilling Jamie Schwaberow/Bloomberg News

On Nov. 6, voters may spoil BP’s welcome. That’s when it will be decided whether to limit drilling in an initiative that some say could cut the state’s oil output by more than half. The vote is being closely watched, not only by companies keen to join the Colorado boom but also by outsiders who see a potential blueprint for blocking development.

Catherine Traywic | Bloomberg News
October 17, 2018
Business, Fuel

Trade War Hinders Commodities, Helps Oil

Commodities Getty Images

Commodity companies are beginning to feel the impact of President Donald Trump’s trade policies, and their earnings report cards will signal how well they’ve been able to protect shareholder value.

Marvin G Perez and Kevin Crowley | Bloomberg News
October 16, 2018

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