Government, Fuel

Diesel Rises 1.6¢ to $2.507, Crude Inches Up to $47

diesel truck stop driver fuel flickr Texas Fickr

The U.S. average retail price of diesel rose 1.6 cents to $2.507 as crude prices inched up toward $47 a barrel after Saudi Arabia said it would make additional cuts in its own production.

Roger W. Gilroy | Staff Reporter
July 24, 2017
Technology, Equipment, Fuel

Engine Maker Cummins Endorses Fuel Additives Amid Tighter Emissions Regulations

Steve Muth Steve Muth, Penray's chief chemist, mixes diesel fuel additive at the company's Wheeling, Ill., laboratory. (Penray)

Cummins Inc. recently endorsed two fuel additives, marking the first time the diesel engine maker has taken such a step.

Steve Brawner | Contributing Writer
July 24, 2017
Business, Fuel

Oil Declines as OPEC’s Supply Is Seen at Highest Level This Year

Oil ship Shawn Baldwin

Oil declined after tanker-tracker Petro-Logistics SA said OPEC’s supply in July will be the highest this year.

Angelina Rascouet | Bloomberg News
July 21, 2017
Government, Business, Fuel

Diesel Rises 1¢ to $2.491; Gasoline Drops 1.9¢ to $2.278

driver pumps diesel Thinkstock

The U.S. average diesel price rose 1 cent to $2.491, the Department of Energy said July 17.

Laurie Wiegler | Staff Reporter
July 20, 2017
Government, Fuel

Americans Say They Back Higher Gas Tax to Fix Crumbling Roads

Pothole in road chrisUK/Flickr

Congress hasn’t raised the federal gas tax since 1993 when Bill Clinton was president, but a narrow majority of Americans would support an increase to help fix crumbling roads and bridges in their own states.

Mark Niquette and John McCormick | Bloomberg News
July 20, 2017
Government, Fuel

EPA Proposes Lower Minimum Volume Requirement for Renewable Fuels in 2018

The EPA has proposed cutting back on the minimum required volume of renewable fuels produced in 2018 and putting the brakes on the minimum volume of biomass-based diesel produced in the United States in 2019.

Eric Miller | Staff Reporter
July 20, 2017
Business, Fuel

Oil Steadies Amid Mixed Signals on US Crude Inventories

North Dakota Bakken shale Jim Gehrz/Minneapolis Star

Oil was steady amid mixed signals on U.S. crude inventories, with industry data showing supplies increased last week while government statistics were expected to show a decline.

Bloomberg News
July 19, 2017
Government, Fuel

Diesel Rises 1¢ to $2.491; U.S. Shale Produces 5.58 Million Barrels a Day

truck stop diesel Mériol Lehmann/Flickr

The U.S. average diesel price has risen a cent to $2.491, the Department of Energy said July 17. The fuel has increased 2.6 cents over three weeks.

Laurie Wiegler | Staff Reporter
July 17, 2017
Government, Fuel

South Carolina Begins Six-Stage Phase-In of 12-Cent Fuel Tax Increase

S.C. Begins Phase-In of 12-cent fuel tax increase Luke Sharrett/Bloomberg News

South Carolina on July 1 began a six-year trek that will raise taxes on gasoline and diesel fuel by 2 cents a gallon each July into 2022.

Marissa Gamache | Special to Transport Topics
July 13, 2017
Government, Fuel, TCA

Opponents of California’s Gas Tax Hike Will Sue Over State’s ‘Misleading’ Ballot Description

California gas pump David Paul Morris/Bloomberg

Proponents of an initiative to repeal gas tax increases in California plan to sue over the state-drafted title and summary for the ballot measure, which they say is misleading and negative.

Patrick McGreevy | Los Angeles Times
July 12, 2017