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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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A three-judge federal panel on Wednesday upheld California’s controversial and first-in-the-nation law requiring fuel-makers to reduce carbon, that detractors say will lead to higher prices for diesel and gasoline.
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Natural gas. Biodiesel. Algae-based diesel. Hydrogen fuel cells. Dimethyl-ether. Hybrids. There's a virtual smorgasbord of potential fuel sources or supplements for truck and engine makers to choose from. The critical question becomes which one, or which combinations of fuel sources, represent the best path forward.
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This week Pilot Flying J published an interview on its website with one of the attorneys representing the company, as the clock counts down toward key court dates in a settlement over allegations it withheld rebates and discounts on fuel.
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Just as soon at it looked like diesel was starting to trend lower it has done an about face. The average U.S. price has increased 0.4 cents per gallon over the past week, registering $3.90 per gallon.
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Despite having reached a settlement with some trucking customers, Pilot Flying J faces new litigation over claims it cheated some operations – and there is another move to depose CEO Jimmy Haslam.
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Diesel prices this year are expected to average slightly less than they were last year and continue moving lower next year, according to a new forecast.
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The price of diesel continues to seesaw, falling just slightly this week following a just over one-penny hike last week.
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While gasoline prices continued to decline this week, diesel prices continued on its journey upward.
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The truckstop chain Pilot Flying J has revised a settlement it reached last week with eight trucking companies that filed suit against it earlier this year over claims it cheated them out of fuel rebates and discounts.
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