News
May Diesel Trends Update
The national average price of a gallon of diesel increased by nearly 29 cents this week, every region reported increases, and one region’s average even increased by more than 60 cents.
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SEARCHMENUSEARCHThe national average price of a gallon of diesel increased by nearly 29 cents this week, every region reported increases, and one region’s average even increased by more than 60 cents.
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To aid in the effort to bring supplies and fuel to areas affected by Hurricane Harvey, the Federal Motor Carrier Safety Administration and the State of Texas have lifted several trucking regulations to cut down on red tape and smooth the flow of goods.
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Between May 1 and July 31, 2017, truck drivers worldwide competed to record the most economical driving style in the 13th Fleetboard Drivers' League. This year, a total of 25 724 drivers and 759 fleets from 20 countries took part.
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Lubrication Specialties Inc., manufacturer of Hot Shot’s Secret fuel and oil additives, announced a new two-step fuel additive treatment plan developed to work with all diesel engines, light-, medium-, and heavy-duty, for both import and domestic vehicles.
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At a ceremony in Oklahoma City, Okla., industry representatives, local and state officials joined the company to dedicate the fueling station. The company also celebrated a significant milestone of operating 6,000 natural gas trucks, which is the largest heavy-duty fleet of its kind in North America.
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JohnDow Industries recently introduced its new line of Diesel Carrytanks. The tanks are available in 58- and 106-gallon capacities and are designed to transport and transfer diesel fuel wherever it is needed.
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California's Legislature has voted to extend the state's cap-and-trade program through 2030, which could result in an increase to the gasoline tax and would codify the Low Carbon Fuel Standard (LCFS) into law.
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Lower than earlier forecast crude oil prices are expected to translate into continued low prices at the pumps for both diesel and gasoline, according to a new U.S. Energy Department report.
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With one dose, Hot Shot's Diesel Extreme cleans out fuel tanks, lines, and injectors, removes moisture, boosts cetane, lubricates the fuel pump and injectors, neutralizes acid, and restores fuel economy and power back to the vehicle’s original performance.
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The May value is up 5.2 mpg since October 2007, the first month of monitoring by UMTRI. This value is 0.2 mpg below the peak of 25.5 mpg from August 2014.
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In the past year, average diesel fuel prices per gallon have increased 42 cents, from $2.13 in 2016 to $2.55 in 2017, with forecasts looking and contiued increases.
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