fuel News Updates

Fuel

Carbon-Based Fuels Face Growing Opposition, Lobbyist Says

WASHINGTON — The United States is enjoying a remarkable abundance of energy choices, much of it due to hydraulic fracturing, or fracking. However, there is a growing legal and regulatory challenge to reduce the production and use of fossil fuels by limiting their extraction and transport, a lobbyist said here in a briefing for an American Trucking Associations committee.

May 9, 2016
Fuel, Business

States Struggle to Pass Fuel-Tax Hikes in 2016

Eleven states considered raising fuel taxes this year, but none have yet passed legislation, unlike last year, when eight states did.

April 25, 2016
Business, Fuel

Diesel Rises 3.7¢ to $2.165

The U.S. retail diesel average jumped 3.7 cents to $2.165, the Department of Energy said April 18.

April 18, 2016
Government, Fuel, Business

Missouri Senate Gives Initial Nod to Fuel-Tax Increase

Missouri’s Senate gave preliminary approval on March 30 to a fuel-tax hike of 5.9 cents per gallon on both diesel and gasoline. The first-round voice vote still must have a final reading in the Senate before moving on to the House, where Transportation Committee Chairman Glen Kolkmeyer is its leading proponent.

March 31, 2016
Government, Fuel, Business

Montana Voters Support Raising Fuel Taxes

A majority of 800 Montana voters surveyed last month favored raising taxes on diesel and gasoline to help pay for the state’s roads and bridges. In the poll commissioned by the Montana Chamber of Commerce, 52% of the voters supported the increase with 41% opposed.

March 18, 2016
Government, Fuel, Business

Missouri Highway Commissioner Says Fuel-Tax Increase Doubtful This Year

CLINTON, Mo. — Missouri Highway Commissioner Greg Smith told the Missouri Highway 13 Corridor Coalition not to expect a fuel-tax increase to pass the Legislature this year.

March 16, 2016
Fuel, Business

Different Paths May Take Miss., Minn. Down Same Road to Higher Fuel Tax

Mississippi hasn’t raised its fuel taxes since 1987. Minnesota did it just eight years ago. However, both might be on the verge of doing so as lawmakers look to fix transportation funding shortfalls at a time of record low fuel prices.

March 7, 2016
Business, Fuel

Diesel Rises 0.3¢ to $1.983; First Increase in 14 Weeks

The U.S. diesel average rose 0.3 cent to $1.983 last week, the first increase in 14 weeks, the Department of Energy reported. Two fleet executives told Transport Topics they did not expect to see pump prices to spike but did share concerns about how regional price and tax variances can create business pressures.

February 29, 2016
Government, Fuel, Business

Alaska Fuel Tax Bill Moves With Trucking Industry Support

Gov. Bill Walker’s bill to increase state fuel taxes has support from some industry groups it would directly affect, including the Alaska Trucking Association.

February 25, 2016
Fuel, Business

Veeder-Root, ABF Freight Sign Deal to Manage Fuel Costs

Veeder-Root, a supplier of fuel management software and hardware, announced a multiyear contract with less-than-truckload carrier ABF Freight, a subsidiary of ArcBest Corp., for bulk fuel-management services.

January 14, 2016