The stubborn, sharp rise in Canadian heavy crude prices finally may falter later this year, when swelling output overwhelms a pipeline system that will be lacking a key project producers had counted on, according to Deloitte.
April 3, 2019Search
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Diesel Dips 0.2¢ to $3.078 a Gallon as Oil Surges
The U.S. retail diesel average price dipped 0.2 cent to $3.078 a gallon, the Department of Energy reported, as the price of crude oil surged past $61 a barrel amid tighter supplies.
April 1, 2019Gov. Ralph Northam’s I-81 Funding Fixes Eye Trucking Industry
Virginia Gov. Ralph Northam’s proposed fundraising tools for Interstate 81 improvements include the trucking industry shouldering a significant portion of the financial burden.
March 29, 2019Raising Fuel Taxes No Longer a Laughing Matter, Stakeholders Find
Since the start of the 116th Congress in January, the gas tax has been having a moment. At congressional hearings, keynote addresses and panel discussions inside the Beltway and around the country, a significant number of infrastructure proponents have called on transportation policymakers to raise the federal fuel tax.
March 29, 2019Senate Confirms Nason to Lead FHWA
President Donald Trump’s nominee to lead the Federal Highway Administration was easily confirmed March 28.
March 29, 2019EPA Rushed Ethanol Plan so Trump Could Keep Pledge, Documents Show
After President Donald Trump promised Iowa voters he would unleash high-ethanol gasoline, his administration fast-tracked a plan to lift summertime restrictions on the fuel, forgoing studies of its potential price tag and hastily ending a review of the measure.
March 28, 2019Trump Asks OPEC to Increase Oil Output to Keep Prices in Check
President Donald Trump renewed his criticism of OPEC, saying the cartel should increase production because prices are getting “too high.â€
March 28, 2019Global Emissions Hit Record as Energy Demand Boosts Fuel Use
Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and India.
March 26, 2019Average Price of Diesel Rises 1¢ to $3.08 a Gallon
The U.S. retail diesel average rose 1 cent to $3.08 a gallon, the Department of Energy reported, as the price of crude oil slipped just below $59 per barrel amid concern over a possible slowdown in the U.S. economy.
March 25, 2019Fuel-Tax Hike to Assist Mobile Port Widening, Alabama Lawmakers Say
Republican lawmakers who backed the 10-cents-per-gallon gas tax increase know that various irate constituents might be waiting at home to give them an earful on their spring break next week. But the coastal Alabama contingent will be able to point to a very tangible benefit from their supportive votes: a deepening and widening of the Mobile ship channel.
March 25, 2019