The national average retail price for a gallon of on-highway diesel fuel rose by nearly another nickel over the past week, with a nearly 17-cent surge in California.
Fuel is always one of the highest operating costs for motor carriers, so fleets are constantly looking for additional fuel savings. Here are five tips to help save in the fuel-purchasing process.
No, we’re not running out of diesel fuel. But – low stockpiles do mean higher prices. In this episode of HDT Talks Trucking, we break down what trucking fleets should know.
Is there a diesel fuel shortage? Low diesel stockpiles don't mean the country will run out, but they do mean higher diesel prices, especially in the Northeast where stocks are the lowest and diesel faces competition from fuel oil.
OPEC+ announced a 2-million-barrel-a-day cut in oil production during a meeting on Wednesday, which could send fuel prices back up.
“This is a bit of an interlude in what is going to be a stormy, stormy path the rest of this year and into 2023 as well,” said Tom Kloza of OPIS.
Despite diesel prices climbing new records, a temporary suspension of federal gasoline and diesel taxes is not the answer, writes HDT Editor in Chief Deborah Lockridge. Here are three reasons.
President Biden has called for a three-month federal fuel tax holiday to help alleviate the pain of record gasoline and diesel fuel prices. But it faces and uphill battle in Congress, and critics say it could even backfire.
Diesel fuel prices have dropped slightly as the White House mulls its options to address a diesel shortage in the Northeast.
The average price of a gallon of diesel fuel hit a new high this month, besting the last week’s record high by 11 cents.
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