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One of the most closely watched surveys of fuel prices is back online following the end of the partial federal government shutdown and it shows fuel prices keep trending lower.
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Tuesday was the deadline for carriers to opt out of a settlement reached in July between some trucking companies and Pilot Flying J over allegations the truckstop chain cheated customers out of fuel purchase rebates. About 50 of the truckstops’s 6,000 customers said they want no part of the agreement.
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While trucking continues rolling during the partial shutdown of the federal government, an often used weekly roundup of fuel prices from the Department of Energy’s Energy Information Administration has been sidelined due to a lack of funding, but there are other reports available to give you a read as to where diesel prices stand.
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The government shutdown has forced the Energy Information Administration to cancel publication of its gas and diesel price update, a key index for trucking fuel surcharges.
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A new forecast is calling for lower fuel prices, due in large part to lower prices for crude oil.
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The umpteenth lawsuit has been filed against Pilot Flying J in the wake of a federal investigation into the company going public in mid-April following a raid on the company’s headquarters by the FBI.
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The cost of diesel in the United States has moved lower for the fourth straight week.
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Minnesota is moving toward increasing the amount of biodiesel that’s blended into diesel fuel sold in the state during the warmer months of the year.
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“Embarrassing” and “humbling” is how embattled Pilot Flying J CEO Jimmy Haslam described the past few months since federal agents served a series of search warrants against the company, as part of an investigation into allegations of cheating trucking companies out of rebates.
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The price of oil keeps edging toward going back below the $100 per barrel mark, bringing fuel prices along for the ride. Crude lost 54 cents in trading in New York on Monday, settling at $102.33 per barrel, hitting near a three-month low
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