Gasoline prices held steady at $2.18 as the majority of state averages saw minimal impact at the pump, maintaining overall price stabilization.
Expected prices for trucking’s primary fuel as well as for gasoline have been revised higher, due largely to anticipated higher prices for crude oil, according to a new Energy Department report.
The outlook for national average on-highway diesel prices is for them to be higher this year and in 2019 than they were last year and in 2016, but they should at least be fairly stable during this time, according to the latest Short Term Energy Outlook from the U.S. Energy Department.
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.
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.
Conventional wisdom in the fleet market is often wrong. If we roll back the calendar, the conventional wisdom about fuel prices was that there would be ebbs and flows in price per gallon rates, but the overall price trajectory would trend upward. The flaw with conventional wisdom is that it only works when no new variables are inserted into future projections. A case in point is the shale oil revolution, which now has experts predicting oil prices will remain flat for the foreseeable future.
A bill to raise fuel taxes that could bring in $5.2 billion a year has advanced through the California legislature and needs only to be signed by Gov. Jerry Brown before going into effect.
The price of diesel fuel in the U.S. increased for the first time in a month, ending a streak of three straight weeks of price drops, according to the latest numbers from the Energy Department
Diesel prices in the U.S. have continued to move upward with a minor increase last week, according to the latest numbers from the Energy Department.
Diesel prices in the U.S. crept upward last week, continuing a three-week streak of modest increases, according to the latest numbers from the Energy Department.
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