Fuel Smarts

Economy

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September 11, 2013 - Industry News

Outlook Calls for Slightly Lower Diesel Prices, Gasoline to Drop More

Credit: DOE/EIA

A new government forecast is calling for diesel prices to average just below the same level this year as it was in 2012 and ease a little further next year.

Tags: Economy, Oil Prices, Diesel Prices, Gasoline Prices

August 28, 2013 - Industry News

Economic Watch: Crude Hits Highest Price Since May 2011

Photo: By Chad Teer, Coquitlam, Canada, via Wikimedia Commons

Following indications the United States will launch a military strike against Syria, the price of oil has reached a more than two-year high.

Tags: Oil Prices, Diesel Prices, Gasoline Prices, Economy

February 6, 2013 - Industry News

Congestion Cost Trucking $27 billion in 2011

Congestion has a price, and for the trucking industry, It's billions of dollars lost. The total financial cost of congestion in 2011 was $121 billion, up one billion dollars from the year before and translating to $818 per U.S. commuter. Of that total, about $27 billion worth was wasted time and diesel fuel from trucks moving goods on the system.

Tags: Economy, Traffic Congestion, Infrastructure, Highways

February 4, 2013 - Industry News

Study shows shale boom provides boost to trucking

Shale energy exploration, the growing practice of deep horizontal drilling to harvest oil and natural gas previously beyond reach, has changed America’s energy industry and overall economy.

Tags: Fracking, OIl, Natural Gas, Ohio, Pennsylvania, Texas, Louisiana, North Dakota, Economy

January 17, 2013 - Industry News

Engineers Warn About the Economic Impact of Not Investing in Infrastructure

A lack of funding in infrastructure will mean more to the people of the United States than a few more potholes in the road. According to the American Society of Civil Engineer's Failure to Act report, "The Impact of Current Infrastructure Investment on America's Economic Future," the U.S. government and its people will be feeling the lack of infrastructure funding in their wallets

Tags: Infrastructure, Economy

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