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Late last week a federal judge in California ruled to dismiss three cases against Chevron filed by plaintiffs who claimed the oil and fuel giant failed to disclose the effect warmer temperatures have when it comes to dispensing fuel at the pumps causing customers to overpay.
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Prices for diesel and gasoline moved higher again over the past week as the cost of oil eased back Monday following its highest closing price on Friday since March 2012.
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More signs of improvement in the U.S. economy helped drive the price of oil to above $109 a barrel on Friday, its highest price since March of 2012. Oil futures have risen more than $11 a barrel this month.
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Chevron U.S.A. Inc. has paid $422,500 in penalties for supplying gasoline and diesel fuel in violation of California regulations designed to protect air quality. Chevron agreed to pay the penalties as part of three separate settlements it reached with the California Air Resources Board.
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[UPDATED] -- Truckstop chain Pilot Flying J has reached a multi-million dollar settlement agreement with some of the trucking companies that filed suit against it alleging the company cheated them out of fuel rebates.
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Problems for truckstop operator Pilot Flying J and CEO Jimmy Haslam show no signs of letting up, as an Ohio TV station reports that a federal grand jury is looking into possible indictments.
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The prices for diesel and oil are all surging. A new report released Monday by the U.S. Energy Department shows the average cost of diesel has risen 3.9 cents over the past week to $3.867 per gallon.
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Three more lawsuits have been filed against the truckstop chain Pilot Flying J over claims it shortchanged customers out of money they were due in the form of rebates from fuel purchases.
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The national average price of diesel has posted its first increase for the first time in several weeks, following a big spike in the price of oil. This is the first increase since the week of May 20 and puts the price of diesel 14.5 cents a gallon higher than the same week a year ago.
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Prices for oil and gasoline turned lower over the past week, with diesel on its sixth week of falling prices in a row. Crude oil, however, is approaching the $100 per barrel level again.
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