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Speaker Ryan Urges Obama Administration to Stop Rulemaking

Before leaving town for Thanksgiving, House Speaker Paul Ryan reaffirmed his stance that federal regulators relax their rulemaking until the start of President-elect Donald Trump’s administration.

November 17, 2016

N.J. Bond Rating Downgraded After Fuel Tax Hike

New Jersey’s bond rating was downgraded from “A” to “A-“ on Nov. 14 by S&P Global Ratings in the wake of the state’s massive fuel tax hike that became law last month.

November 16, 2016

Awash in Gasoline, US Refiners Export Fuel at Record Pace

Gasoline exports have risen above imports for three consecutive weeks as recurring pipeline outages and higher production levels by refiners caused Gulf Coast inventories to grow.

November 15, 2016

Diesel Average Falls 2.7¢ to $2.443

The U.S. average retail price of diesel fell 2.7 cents to $2.443 a gallon, according to the Department of Energy, as crude oil prices continued their slide since the presidential election.

November 15, 2016

Voters in Illinois, New Jersey OK Transportation Lockboxes

Voters in Illinois and New Jersey approved lockboxes for transportation funding while those in Washington State rejected what would have been the nation’s first statewide carbon emissions tax.

November 14, 2016

Oil Falls as Focus Returns to OPEC After Trump Election Surprise

Oil fell as the market’s focus shifted from the shock of Donald Trump’s U.S. presidential election victory to questions about OPEC’s ability to rebalance crude supply and demand.

November 10, 2016

Oil Losses Ease as Market Turmoil Abates After Trump Victory

Oil losses eased as global markets weighed the implications of Republican Donald Trump’s election as the 45th U.S. president.

November 9, 2016

TravelCenters Reports Third-Quarter Income Rose, Launch of Commercial Tire Network

TravelCenters of America reported third-quarter income rose as revenue dipped amid gains in fuel volume, fuel gross margin, nonfuel gross margin and continued improvements in site level operating expense controls, it said. 

November 8, 2016

Diesel Dips 0.9¢ to $2.470 a Gallon

The U.S. average retail price of diesel dipped 0.9 cent to $2.470 a gallon, according to the Department of Energy.

November 7, 2016

What Happens When the Most Important Pipeline in the US Explodes?

On Oct. 31, a construction crew in Alabama triggered a massive explosion when a track-hoe struck the biggest fuel pipeline in the United States.

November 3, 2016