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 Begins 2019 With Renewed Slide Amid Fears Over China Growth

Oil Production Daniel Acker/Bloomberg News

Oil started 2019 with another price slide as weaker Chinese manufacturing data pointed to slowing demand in the world’s second-biggest consumer of the fuel and to growing risks of a global crude surplus.

Grant Smith | Bloomberg News
January 2, 2019
Government, Business, Fuel

Amid an Export Boom, the US Is Still Importing Natural Gas

Natural Gas An electric oil pump jack is seen near a flare at night in an oil field in Texas. (Luke Sharrett/Bloomberg News)

The U.S. may be exporting natural gas at a record clip, but that hasn’t stopped it from accepting new imports. A tanker with fuel from Nigeria is sitting near the Cove Point import terminal in Maryland, while a second ship with Russian gas is idling outside Boston Harbor.

Naureen S. Malik | Bloomberg News
December 28, 2018
Business, Fuel

Texas Job Growth to Take Hit if Oil Rout Drags On, Fed Says

Texas Precision Drilling oil rig operators install a bit guide on the floor of a Royal Dutch Shell Plc oil rig near Mentone, Texas. (Matthew Busch/Bloomberg News)

Job growth in the Lone Star State will likely weaken in the first half of 2019 if oil prices remain at current levels, according to the Federal Reserve Bank of Dallas.

Rachel Adams-Heard | Bloomberg News
December 28, 2018
Government, Business, Technology, Equipment, Safety, Fuel

Report: US Miscalculated Benefit of Better Train Brakes

BNSF Railway train hauls crude oil near Wolf Point, Mont. A BNSF Railway train hauls crude oil near Wolf Point, Mont. (Matthew Brown/AP)

BILLINGS, Mont. — President Donald Trump’s administration miscalculated the potential benefits of putting better brakes on trains that haul explosive fuels when it scrapped an Obama-era rule over cost concerns, The Associated Press has found. A government analysis used to justify the cancellation omitted up to $117 million in estimated future damages from train derailments that could be avoided by using electronic brakes.

Matthew Brown | Associated Press
December 27, 2018
Government, Business, Fuel

Average Price of Diesel Drops 4.4¢ to $3.077 a Gallon

A tanker fills underground storage tanks with fuel Matthew Staver/Bloomberg News

The U.S. average retail price of diesel dropped 4.4 cents to $3.077 a gallon, the U.S. Energy Information Administration reported, as crude oil prices lingered below $50 per barrel.

Staff and Wire Reports
December 27, 2018
Government, Business, Fuel

US Shale’s Blows Leave Middle East Oil Sellers Staggering

oil drilling rig A pumpjack operates as a drill rig sits on a well pad in the Bakken Formation in Williston, N.D. (Daniel Acker/Bloomberg)

The U.S. oil industry is delivering a one-two punch to Middle East producers already reeling from a collapse in prices. A tussle is playing out in the market for so-called light oils, which have a lower sulfur content and are less dense than heavier varieties.

Serene Cheong | Bloomberg News
December 27, 2018
Business, Fuel

2018 Diesel Prices Stay Consistent Around $3 a Gallon

Year in Review

Diesel prices started off 2018 low, but as the year comes to a close, the average price of diesel is more than 20 cents higher than in 2017.

Transport Topics
December 24, 2018
Business, Technology, Equipment, Fuel

Daimler Delivers Freightliner Electric Truck to Penske

DTNA CEO Roger Nielsen delivers the first Freightliner eM2 to Penske DTNA CEO Roger Nielsen delivers the first Freightliner eM2 electric commercial vehicle to Penske Truck Leasing CEO Brian Hard on Dec. 20. (Daimler Trucks North America)

Daimler Trucks North America on Dec. 20 delivered to Penske Truck Leasing the first in a series of electric trucks Penske plans to deploy in California and the Pacific Northwest.

Transport Topics
December 20, 2018
Business, Technology, Equipment, Fuel

Plugging Into an Electric Future

On our Dec. 19 LiveOnWeb program, we were “Plugging Into an Electric Future” as we assessed the rapid escalation of development and deployment of electric vehicle technology.

Transport Topics
December 19, 2018
Business, Equipment, Fuel

Shell Rotella Unveils New Heavy-Duty Greases

Shell Rotella has introduced a new line of heavy-duty greases for trucks, tractors and construction equipment, according to a Dec. 14 press release.

Transport Topics
December 19, 2018

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