Fuel Smarts

2876  -  2900  of  4023

May 29, 2008 - Industry News

Regulators Probing Oil Futures Trading

In response to the dramatic increases in the price of crude oil traded on the commodity market, the U.S. Commodity Futures Trading Commission Thursday announced initiatives to increase transparency of the energy futures markets

Tags: Fuel and Oil

May 27, 2008 - Industry News

Diesel Prices Jump Nearly 23 Cents; National Attention on Plight of Truckers

The average price of diesel fuel jumped 20 to 30 cents a gallon this past week, depending on what part of the country you were in, with the national average at $4.723 per gallon,

Tags: Fuel and Oil

May 21, 2008 - Industry News

Crude Oil Prices Soar to New Record

Crude oil prices shot up over $130 a barrel Wednesday, while executives from the big oil companies testified before a Senate Judiciary Committee that there was little they could do

Tags: Fuel and Oil

May 20, 2008 - Industry News

Oil Prices Hit New High, House Passes Anti-OPEC Legislation

Oil prices closed over $129 for the first time Tuesday, as the U.S. House of Representatives passed legislation that would seek to subject OPEC oil producers to U.S. antitrust laws and investigate energy market manipulation

Tags: Fuel and Oil

May 19, 2008 - Industry News

Diesel, Oil Prices Continue to Set Records

The national average price for a gallon of diesel fuel is up to $4.497, according to figures released Monday by the U.S. Energy Information Administration

Tags: Fuel and Oil

May 19, 2008 - Industry News

Lautenberg, McCaskill Introduce Bill to Limit Truck Size/Weight

U.S. Senators Frank Lautenberg (D-N.J.) and Claire McCaskill (D-Mo.) last week introduced a bill "to keep dangerously heavy and large trucks off the nation's roads.

May 18, 2008 - Industry News

Oil Prices Hit New Highs

News last week that the government would stop putting money into the Strategic Petroleum Reserve and that Saudi Arabia would boost oil output appeared to make no difference to commodities traders as crude oil hit new records Friday

Tags: Fuel and Oil

May 16, 2008 - Industry News

Government to Stop Adding to Strategic Petroleum Reserve

The Associated Press reports that the Energy Department has canceled oil shipments into the Strategic Petroleum Reserve beginning in July when the current purchase contract expires

Tags: Fuel and Oil

May 14, 2008 - Industry News

Group Lobbying For Larger Rigs

A coalition of shippers, motor carriers, manufacturers and others is hosting meetings in Washington, D.C., this week to urge Congress to adopt several demonstration pilot projects related to larger trucks in the upcoming congressional highway reauthorization bill.

May 14, 2008 - Industry News

Minnesota To Require 20 Percent Biodiesel Blend

Minnesota, which was the first state to mandate biodiesel, will increase the state's current 2 percent biodiesel mandate to 20 percent by 2015

Tags: Fuel and Oil

May 13, 2008 - Industry News

Message from Capitol Hill: Stop Adding Oil to Strategic Petroleum Reserve

As oil prices hit another new record Tuesday, both the House and Senate sent a message to the White House, saying through their votes that it's time to stop adding oil to the Strategic Petroleum Reserve

May 12, 2008 - Industry News

Diesel Prices Skyrocket

The average retail price of a gallon of diesel fuel skyrocketed to $4.331, according to the Energy Information Administration's weekly report, while crude oil briefly passed a record $126 a barrel Monday

Tags: Fuel and Oil

May 9, 2008 - Industry News

Oil Prices: How High Can They Go?

Crude oil hit a record $126 on the New York Mercantile Exchange Friday, almost double the price of a year ago, and analysts disagreed sharply last week on where oil prices are headed in the future

Tags: Fuel and Oil

May 7, 2008 - Industry News

Oil Prices Soar, DOE Ups Price Predictions, Senators Look for Relief

As crude oil prices soar to new records, the U.S. Department of Energy is predicting the price of a gallon of diesel will average close to $4 per gallon in 2008, and Democrats in the U.S. Senate are proposing measure

Tags: Fuel and Oil

May 6, 2008 - Industry News

Congress Hears Testimony on Diesel Prices and Trucking

"Rising Diesel Fuel Costs in the Trucking Industry" was the topic of a Congressional committee hearing Tuesday before the Subcommittee on Highways and Transit of the House Transportation and Infrastructure Committee

May 5, 2008 - Industry News

Oil Hits New Record, Diesel Prices Fall Slightly

Last week's average retail price for a gallon of diesel fell nearly 3 cents from the previous week but was still $1.357 more than it was a year ago, and a new record for crude oil prices could send fue

Tags: Fuel and Oil

May 1, 2008 - Industry News

Transportation Secretary Launches Blog

U.S. Transportation Secretary Mary E. Peters launched Fast Lane, the DOT's new blog.

May 1, 2008 - Industry News

Highway Trust Fund Fix Being Debated as Part of Aviation Bill

An aviation funding bill being debated in the Senate contains a measure to shore up the federal Highway Trust Fund

April 30, 2008 - Industry News

CDL Holders Must Re-Test When Moving to Illinois

Effective May 1, Illinois becomes the first state to require out-of-state CDL holders moving to Illinois to pass the written and road tests before they are issued an Illinois CDL

April 30, 2008 - Industry News

Fuel Tax Holiday Proposed in New York State

New York Assembly Republican Leader James Tedisco and the Assembly Republican Conference Wednesday called for relieving some of the pain at the pump by instituting a "summer holiday" from state fuel taxes

Tags: Fuel and Oil

April 29, 2008 - Industry News

Obama, Clinton Disagree on Fuel Tax Holiday

The issue of high fuel prices was addressed on the campaign trail Monday, as Democratic presidential hopefuls Sen. Hillary Clinton and Sen. Barack Obama disagreed on a proposal to suspend fuel taxes for the summer

Tags: Fuel and Oil

April 28, 2008 - Industry News

Diesel, Oil Again Set Record Highs

Diesel prices hit another record last week, with the average price reported by the Energy Information Administration at $4.177 nationally, up $1.366 from a year ago and up 3.4 cents from last week's record-setting price

Tags: Fuel and Oil

April 28, 2008 - Industry News

Truckers Take Fuel Protest to DC

A convoy of truckers, horns blaring, drove into Washington, D.C., Monday morning to protest high fuel prices

Tags: Fuel and Oil

April 25, 2008 - Industry News

Bill Would Mandate Fuel Surcharge Pass-Through

Two U.S. senators last week introduced a bill to stop unscrupulous brokers and other middle-men who charge shippers for fuel costs, but don't pass those costs on to the operators who actually pay for the fuel

April 23, 2008 - Industry News

Tools to Cope with the Fuel Crisis

Fuel, the price of it and conserving it, remains the most critical issue facing truckers. On April 21, the price of diesel spiked to highs, of $4.60 a gallon in some areas

Tags: Fuel and Oil


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