The U.S. average retail price of diesel dropped 1.7 cents to $3.338 a gallon as prices for West Texas Intermediate crude oil continued to sink despite concerns that global supplies could fall amid U.S.-imposed sanctions on Iran. It was the third consecutive weekly decline in the price of diesel.
November 5, 2018Search
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Oil Trades Near Six-Month Low as Fears of a Shortage Subside
Oil traded near a six-month low as the prospects of a tight global market at the end of the year further receded after the U.S. softened the restart of sanctions against Iran.
November 5, 2018FTC Requires Marathon to Sell Stores to Avoid Antitrust
The Federal Trade Commission is requiring Marathon to sell five New York convenience stores to settle charges that its proposed acquisition of Express Mart would violate federal antitrust laws.
October 31, 2018Canadian Producers Turn to Oil Trucks as Supply Glut Grows
Tanker trucks laden with oil are journeying almost 500 miles to pipeline and rail terminals. It’s a phenomenon that Ken Boettcher, president of Three Star Trucking Ltd. in Alida, Saskatchewan, started to see three or four months ago when oil shippers around Kindersley, near the Alberta border, began requesting trucks to move their crude, in some cases, as far south as North Dakota.
October 31, 2018EPA Honors 21 ATA Members With SmartWay Excellence Awards
AUSTIN, Texas — Twenty-one American Trucking Associations members received the U.S. Environmental Protection Agency’s SmartWay Excellence Award.
October 29, 2018UPS, Seattle to Launch eBike Downtown Delivery Program
UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns. Delivery drivers will use electric pedal-assist cargo bicycles with a customized modular trailer attached to the back of the bike.
October 25, 2018Chevron Agrees to $160 Million Upgrade, Fines to End Pollution Probe
SAN FRANCISCO — Federal officials said Oct. 24 that Chevron Corp. has agreed to pay a nearly $3 million fine and spend $160 million on environmental improvements and upgrading oil refineries to resolve allegations the company violated pollution laws.
October 25, 2018Glider Kit Study Drew ‘Inaccurate’ Conclusions, Tennessee Tech Finds
A misconduct investigation completed by Tennessee Technological University concluded that university researchers erred when stating in an industry-funded glider kit study that emissions from the trucks are as clean or cleaner than those from newer trucks.
October 24, 2018Arctic Offshore Wells Approved Off Alaska’s Coast
ANCHORAGE, Alaska — The first oil and gas production wells in federal Arctic waters have been approved by U.S. regulators. The Bureau of Ocean Energy Management on Oct. 24 announced it issued a conditional permit for the Liberty Project, a proposal by a subsidiary of Houston-based Hilcorp for production wells on an artificial island in the Beaufort Sea.
October 24, 2018IMO Rejects US-Backed Plan for Phased Start of Ship-Fuel Rules
The International Maritime Organization rejected a proposal — supported by both the U.S. and shipping groups — for a phased start to rules that will limit the sulfur content of ship fuels starting in 2020.
October 24, 2018