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Engine Maker Cummins Endorses Fuel Additives Amid Tighter Emissions Regulations

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

July 24, 2017

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

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

July 21, 2017

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

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

July 20, 2017

Americans Say They Back Higher Gas Tax to Fix Crumbling Roads

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.

July 20, 2017

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.

July 20, 2017

Oil Steadies Amid Mixed Signals on US Crude Inventories

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.

July 19, 2017

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

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.

July 17, 2017

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

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.

July 13, 2017

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

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.

July 12, 2017

US Cuts 2018 Crude Production Forecast Amid Lower Prices

U.S. crude producers are still set to pump record amounts of the commodity next year, but less so than previously projected, according to the latest government estimates.

July 11, 2017