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The outlook for national average on-highway diesel prices is for them to be higher this year and in 2019 than they were last year and in 2016, but they should at least be fairly stable during this time, according to the latest Short Term Energy Outlook from the U.S. Energy Department.
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The price of diesel fuel in the U.S. increased to its highest point since June of 2015. Crude oil prices also experienced a similar spike after news broke of a corruption scandal in Saudi Arabia.
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Separate measures of truckload linehaul and intermodal rates moved higher in September, according to newly released reports, as the U.S. battered hurricanes and higher fuel prices.
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John Freeman, former sales VP of Pilot Flying J, has pleaded guilty alongside three other former Pilot employees of mail fraud and wire fraud after the FBI found that Pilot defrauded 5,500 customers of over $56 million.
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Four former Pilot Flying J executives accused in a diesel fuel rebate scandal have agreed to cooperate with federal investigators.
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A bill to raise fuel taxes that could bring in $5.2 billion a year has advanced through the California legislature and needs only to be signed by Gov. Jerry Brown before going into effect.
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The price of diesel fuel in the U.S. increased for the first time in a month, ending a streak of three straight weeks of price drops, according to the latest numbers from the Energy Department
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The price of diesel fuel in the U.S. fell again last week, bringing the price to its lowest level since Mid-December when the average price was $2.49 per gallon.
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The price of diesel fuel continued to slide last week, as the latest numbers from the Energy Department show a two-week trend of falling fuel prices.
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The price of diesel fuel in the U.S. fell last week, breaking a month-long string of increases, according to the latest numbers from the Energy Department.
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