Fuel and Oil

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March 26, 2008

Trucking Groups Battle Over Hot Fuel Issue

The American Trucking Associations is part of a group fighting against the use of automatic temperature compensation equipment in retail fuel sales, while the Owner Operator Independent Drivers Association is pushing for the device

March 24, 2008

International Offers Fuel Mileage Guarantee

Customers who purchase a qualifying new International DuraStar powered by a MaxxForce 7 or MaxxForce DT engine will be guaranteed fuel economy improvement of 7 percent or greate

March 24, 2008

Diesel Inches Closer to $4 Mark

The national average price of a gallon of diesel continues to hover near the $4 mark, as the American Trucking Associations asks the government to do something about it

March 24, 2008

High Fuel Prices Can Erase Reefer Refunds

The recent sharp increases in the cost of fuel are having an effect on the fuel tax refunds some carriers can get in some states for the use of motor fuel off the highway

March 17, 2008

Fuel Prices Still Rising

The average price of a gallon of diesel fuel last week was just under $4 a gallon, with the average topping the $4 mark in several regions of the country

March 17, 2008

Fuel Surpassing Labor Costs for Some

The American Trucking Associations predicts the trucking industry will spend a record $135 billion on fuel in 2008, based on current fuel price forecasts

March 13, 2008

Oil Prices Hit $111

The oil futures market could be in a price bubble - bad news for investors when it breaks, but good news for fuel users. Light sweet crude for April delivery closed at an all-time high of $110.33 per barrel Thursda

March 12, 2008

DOE Projects Lower Diesel Prices

Hold on, says the Department of Energy, that $4 diesel isn't going to last - but it's going to be higher than we originally predicted

March 10, 2008

$4 Diesel a Reality

Diesel prices hit another record last week, hitting the $4 mark in some parts of the country, while crude oil prices rose to nearly $108 a barrel

March 9, 2008

EIA Predicts Oil Prices Will Fall

Crude oil could drop to $57 a barrel by 2016 (in 2006 dollars), as expanded investment in exploration and development brings new supplies to the world market, says the U.S. Energy Information Administratio

March 6, 2008

Oil Prices Break $105 a Barrel

Crude oil future prices broke the $105 a barrel mark Thursday, while the average price of diesel hit $3.70 a gallon

March 5, 2008

ExxonMobil to Invest at Record Levels to Meet Growing Energy Demand

ExxonMobil Chairman and CEO Rex Tillerson Wednesday announced plans to invest more than $125 billion over the next five years in major projects to help meet growing world energy demand

March 3, 2008

Wright Express Completes Acquisition of Pacific Pride

Wright Express Corp. has completed its previously announced acquisition of certain assets of privately held Pacific Pride Services, Inc

March 3, 2008

Diesel Prices Set New Record

Retail diesel prices continue to soar, with the U.S. Department of Energy reporting a $3.658 average for last week, shattering the previous week's record-setting price by more than 10 cents per gallon

March 2, 2008

Oil Prices Top $103

Diesel prices may pass the $4-per-gallon mark this spring, analysts say as crude oil prices continue to set new records. Crude oil spiked to a new intraday high $103.05 before the U.S. commodities markets opened Friday morning

February 28, 2008

Oil Prices Hit New Record

Crude oil prices shot up again to a new record Thursday, closing at a record $102.59 a barrel on the New York Mercantile Exchange, after a couple of discouraging reports about the econom

February 27, 2008

Oil Prices Hit Record High

Oil prices set a new intraday trading high of over $102 a barrel Wednesday morning after the dollar sank to a record low against the euro

February 25, 2008

Diesel Prices Hit $3.55

The average price of a gallon of diesel hit a new record, with last week's U.S. on-highway retail average hitting $3.55 a gallon, according to the U.S. Energy Information Administration

February 25, 2008

Hot Fuel Lawsuit Proceeding

A lawsuit alleging that consumers are being cheated because fuel prices are not adjusted to account for temperature will proceed, a judge ruled last week

February 21, 2008

Citgo Introduces Greenway Program for Fleets

Citgo Lubricants has announced a new program to optimize fleet performance, both economically and environmentally, called the Citgo HD Greenway program. By using Greenway, fleet manager


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