fuel News Updates

Fuel

Diesel Rises 1.4¢ to $2.926 a Gallon as Oil Climbs

The U.S. average retail price of diesel jumped 1.4 cents to $2.926 a gallon as oil rose above $58 a barrel.

November 27, 2017
Business, Technology, Equipment

Fuel Cells Gain Momentum as Range Extenders for Electric Trucks

When Nikola Motor Co. President Trevor Milton pulled the wraps off the Nikola One prototype Class 8 truck last year and announced it would have a hydrogen fuel-cell power plant, it seemed a radical approach at the time.

November 27, 2017
Government, Business, Fuel

Diesel Dips 0.3¢ to $2.912 a Gallon as Oil Slips

The U.S. average retail price of diesel dipped 0.3 cent to $2.912 a gallon, marking its first decline in more than a month, the Department of Energy reported Nov. 20.

November 20, 2017
Business, Fuel

Diesel Climbs to Highest Price in More Than Two Years

The U.S. average retail price of diesel increased 2.2 cents to $2.819 a gallon — the highest price in more than two years — as oil prices rallied on speculation production cuts will continue into 2018 following a meeting of the Organization of Petroleum Exporting Countries in November.

October 30, 2017
Government, Business, Fuel

Trump’s Economic Adviser Floats Idea of Gas Tax Hike for Infrastructure

President Donald Trump’s chief economic adviser raised the possibility of increasing the federal gasoline tax next year to help pay for the administration’s $1 trillion infrastructure plan, U.S. Representative Tom Reed said.

October 25, 2017
Business, Fuel

Gasoline Demand Slips, Leaving Other Fuels to Pick Up Slack

America’s most popular fuel hasn’t been feeling the love. U.S. gasoline consumption dropped even as overall fuel demand posted an increase this year.

October 23, 2017
Fuel

Diesel Climbs 1.1¢ to $2.787

The U.S. average retail price of diesel rose 1.1 cents to $2.787 a gallon as oil prices increased along with Middle East tensions when opposing forces in Iraq clashed over control of the city of Kirkuk and nearby oil fields.

October 16, 2017
Business, Fuel

Diesel Inches Up 0.4¢ to $2.792 a Gallon

The U.S. average retail price of diesel crept up 0.4 cent to $2.792 a gallon, and oil dropped closer to $50 a barrel.

October 2, 2017
Business, Fuel

Diesel Dips 0.3 Cent to $2.788 a Gallon

The U.S. average retail diesel price fell 0.3 cent a gallon to $2.788, the Department of Energy reported Sept. 25.

September 25, 2017
Business, Fuel, Logistics

Empire Petroleum Extends Network

Empire Petroleum Partners purchases 70 Corner Store convenience store properties and fuel stations in six states from Circle K Stores Inc. and CST Brands Inc.

September 25, 2017