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Opinion: Don’t Waste Your Precious Profits

Staggeringly high prices for fuel are with us again. The last time fuel prices were hovering in the neighborhood of $3.80 to $4.40 per gallon, many trucking companies fought back aggressively, using fuel conservation techniques and making sure drivers used the cheapest options available.

March 18, 2011

Oil Falls to Two-Week Low Under $100

Oil fell to a two-week low Monday to less than $100 a barrel in part due to concerns that Japan’s big earthquake Friday will hurt growth and reduce fuel demand in that country’s economy, the world’s third-largest, Bloomberg reported.

March 14, 2011

Out-of-Control Fuel Prices

Fuel prices have now jumped so high that we all need to pay close attention. Not that we can do much about these skyrocketing prices, except pay and grumble.

March 14, 2011

inthinc Launches Web-Based Driver Scorecard

Telematics provider inthinc Technology Solutions Inc. said it launched a Web-based portal for its driver performance-rating product.

March 14, 2011

Diesel Rises for 15th Straight Week, Gaining 3.7¢ to $3.908 a Gallon

Diesel rose for the 15th straight week, increasing 3.7 cents to a national average of $3.908 a gallon, while gasoline gained almost a nickel, the Department of Energy said Monday.

March 15, 2011

Fuel Prices Take Another Leap

U.S. retail diesel prices shot up another 15.5 cents last week in the largest one-week increase in nearly three years, as the national average price reached $3.871 a gallon, the highest since October 2008, the Department of Energy said.

March 14, 2011

Obama Says U.S. May Tap Oil Reserve

President Obama said Friday he is prepared to tap the Strategic Petroleum Reserve if needed to prevent any oil supply disruptions, even as oil prices slipped, news services reported.

March 11, 2011

DOE Boosts Diesel, Gas Price Projections

The Department of Energy boosted its projected diesel average this year by 38 cents, to $3.81 a gallon, though the most recent weekly price already tops that level.

March 8, 2011

Gasoline Jumps 33¢ in Two Weeks to $3.51 a Gallon, Lundberg Survey Says

Gasoline’s national average price jumped 33 cents in the past two weeks to an average $3.51 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

March 7, 2011

U.S. May Open SPR as Oil Nears $107 a Barrel

Oil prices continued their upward trend, nearing $107 a barrel early Monday, and President Obama’s chief advisor said the administration is considering releasing some oil from the Strategic Petroleum Reserve to staunch soaring prices.

March 7, 2011