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Drivers are finally getting some relief at the pump. The national average gas price has dropped below $4 a gallon for the first time in months, with prices falling in 47 states as oil markets react to developments in U.S.-Iran negotiations.
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On Sept. 6, a federal court rejected a bid by two makers of heavy-duty truck engines to overturn a key part of the Environmental Protection Agency’s plan to require lower-emission engines in new trucks as of Oct. 1. Engine maker Caterpillar Inc. announced its first layoffs related to that issue on the same day.
Read More →Commercial Fueling Network (CFN) has announced they will deploy to their membership the 4.2 interface with Petro Vend systems that will allow the acceptance of the T-Chek card in CFN locations throughout the U.S. and Canada.
Read More →Volvo unveiled a line of heavy-duty trucks last week that company officials predicted would boost sales above their competition during the fourth quarter.
Read More →The average price of diesel fuel continued to rise, going up another 1.8 cents a gallon to $1.388, the Department of Energy said Sept. 3. In addition, gasoline fell 0.9 cent to $1.394 last week.
Read More →The Oil Price Information Service has warned that supplies of diesel fuel in the Midwest are low and price increases could follow. OPIS announced on Aug. 29 that current supplies of diesel fuel are below 3 million barrels in the Midwest, more than 20 percent behind last year's figures.
Read More →Gasoline prices in California and Texas have increased, two reports released August 30 found. The Automobile Club of Southern California said the average price of self-serve regular unleaded gasoline in the Los Angeles-Long Beach area is $1.628 per gallon, which is 2.3 cents higher than the previous week.
Read More →ATA President William J. Canary announced in an Aug. 17 interview that American Trucking Associations would keep fighting the Oct. 1 federal deadline for new trucks to use reduced-emissions diesel engines.
Read More →The Organization of Petroleum Exporting Countries is discussing a possible production increase of between 500,000 and 750,000 barrels of oil per day, Bloomberg reported Thursday.
Read More →The average price of self-serve regular unleaded gasoline is $1.476 per gallon, the same as one month ago, and 2.4 cents lower than one year ago. Gas prices are holding steady across the nation at $1.405 per gallon. Labor Day holiday travel is expected to show a modest decrease.
Read More →The national average price for a gallon of diesel fuel rose 3.7 cents last week to $1.37, a move reminiscent of last year. Seasonal factors typical of the fourth quarter will likely increase prices. Over the last two weeks, the price of trucking’s main fuel has risen 6.7 cents, the largest two-week rise since Aug. 20 - Sept. 3, 2001, when the price rose 9.4 cents.
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