
May Fuel Update: Prices Spike Again Across the Nation
Fuel prices have risen in all 50 states, with the average increasing by almost 39 cents.
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Fuel prices have risen in all 50 states, with the average increasing by almost 39 cents.
Read More →WASHINGTON, D.C. --- The U.S. average diesel price slipped 4.9 cents last week to $2.615 per gallon, 80.1 cents below the price a year ago and the lowest since Feb. 26, 2007, according to a Dec. 3 report from the Energy Information Administration (EIA).
Read More →NEW YORK --- Chevron Corp. said Tuesday, Dec. 2, that it might sell off some refineries, as global recession curbs demand for gasoline and diesel and squeezes fuel-production margins, Bloomberg News reported.
Read More →ATLANTA --- With wildly fluctuating gas prices and an unstable economy, the temptation for thieves to steal or take advantage of company fuel cards is at an all-time high, according to industry expert FleetCards USA.
Read More →WASHINGTON, D.C. --- For the first time since Jan. 31, 2005, the average price of regular gasoline slipped below $2 a gallon in all major regions of the country, the Energy Information Administration (EIA) reported Dec. 3.
Read More →NEW YORK --- Crude oil fell below $50 a barrel today after the Organization of Petroleum Exporting Countries postponed a decision to reduce output until its next meeting on Dec. 17, Bloomberg reported today.
Read More →PEORIA, IL --- A group of Agricultural Research Service scientists are studying whether a local winter weed -- pennycress -- can be used to produce biodiesel.
Read More →WASHINGTON, D.C. --- After bumping up automobile mileage deduction rates for the second half of the year, the Internal Revenue Service is lowering rates for 2009 to coincide with falling gasoline prices.
Read More →More than 60 energy company representatives met to discuss the latest in fuel trends and green fleet initiatives. Breakout groups provided an intimate setting for information-sharing and best practices.
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Fleet professionals who form Ford’s Fleet Advisory Board participated in Eco-Driving training and tested the new EcoBoost engine, which, the automaker says, delivers V-8 performance to V-6 engines with better mpg.
Read More →One of the top three overall concerns for most commercial fleets, reducing fuel expense is a challenging issue. How are ideas to reduce fuel expense implemented, and what challenges must be overcome?
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