Global oil markets could “drown in oversupply,” sending prices even lower as demand growth slows and Iran revives exports with the end of sanctions, according to the International Energy Agency.
January 19, 2016Search
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National Diesel Average Falls to $2.071, Down 4.1¢
The U.S. retail diesel average fell for the 11th consecutive week, dropping 4.1 cents a gallon to $2.071, while in two regions of the country average prices dropped below $2 a gallon, the Department of Energy reported Jan. 25.
January 26, 2016Lower Fuel Prices Have Broad Impact
When your trucks average 8 miles per gallon, lower gasoline prices at the pump can be a welcome addition to the bottom line.
January 25, 2016Diesel Falls 6.5¢ to $2.112 for Tenth-Straight Decline
The U.S. average retail diesel price fell for the 10th consecutive week, dropping 6.5 cents a gallon to $2.112, the Department of Energy reported.
January 25, 2016Diesel Prices Fall 6.5¢ to $2.112
The U.S. average retail diesel price fell for the 10th consecutive week, down 6.5 cents a gallon to $2.112, leaving it at the lowest price since March 23, 2009, the Department of Energy reported Jan. 19.
January 19, 2016Diesel Drops 3.4¢ to $2.177; Price Nears Seven-Year Low
A continuing slide in the U.S. retail diesel average brought the fuel to its lowest price in nearly seven years, the Department of Energy reported Jan. 11.
January 18, 2016Veeder-Root, ABF Freight Sign Deal to Manage Fuel Costs
Veeder-Root, a supplier of fuel management software and hardware, announced a multiyear contract with less-than-truckload carrier ABF Freight, a subsidiary of ArcBest Corp., for bulk fuel-management services.
January 14, 2016Brent Crude Oil Dips Below $30 a Barrel for First Time Since 2004
Brent oil dropped below $30 a barrel for the first time since April 2004 on speculation Iranian shipments will soon climb.
January 14, 2016Electric Trucks Already in Service in California, but Obstacles to Widespread Use Remain
Those who think that electric trucks are a pie in the sky idea dreamed up by an environmentalist, meet Michael Simon.
January 13, 2016Oil Trades Near 12-Year Low as US Surplus Seen Worsening
Oil rose from the lowest close in more than 12 years in New York as volatility climbed amid speculation that prices have fallen too fast.
January 12, 2016