Global Fuel Prices Are Surging With Supply Risks Ahead
Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices in the run-up to a U.S. presidential election.
March 12, 2024Gas Vehicles Currently Cheaper to Fuel Than EVs
With gasoline prices dropping, a new study suggests gas-powered vehicles may be more economical to fuel up versus an equivalent electric vehicle.
Using Technology to Solve Trucking’s Top Industry Issues
Program Aired: December 7, 2 p.m. ET Recently released results from an American Transportation Research Institute survey shows the economy, truck parking, fuel prices and zero-emission vehicles are some of the most critical issues in trucking, among others. Register for this webinar, presented by PrePass and Geotab, and learn new ways your fleet can use technology to better address these important concerns.
December 7, 2023Georgia Suspends Diesel, Gas Taxes
Georgia Gov. Brian Kemp suspended through Oct. 12 its excise tax on diesel and gas to help residents offset 40-year high “rampant inflation."
Eighth-Straight Weekly Drop Brings Diesel to $4.128 a Gallon
The national average price for diesel marked its eighth consecutive weekly drop, shedding another 5.7 cents to dip to $4.128 a gallon, the Energy Information Administration reported.
California Lawmakers Eye Big Oil’s High Gas Prices
SACRAMENTO, Calif. — Furious about oil companies’ supersized profits after a summer of record-high gas prices, California Gov. Gavin Newsom on Dec. 5 will formally start his campaign to punish big producers by asking the Legislature to fine them and give the money back to drivers.
Diesel Profits Near Record With Supplies Dwindling Into Winter
Diesel supplies are so tight heading into winter that profits for producing the heating and trucking fuel are nearing a record high.
October 7, 2022Diesel Sheds 5.3¢ to Reach $4.836 a Gallon
The national average price for diesel fell another 5.3 cents Oct. 3 to reach $4.836 a gallon, according to the Energy Information Administration.
Gasoline’s 98-Day Slide Ends With Modest Price Hike
Retail gasoline prices in the U.S. have posted their first increase — albeit very modestly — after a 98-day streak of declines, suggesting consumers won’t get much more relief at the pump. Prices now stand at $3.681 a gallon, according to auto club AAA.
Oil Reserves Could Be Tapped to Head Off Winter Crisis
Officials within President Joe Biden’s administration are hunting for ways to head off a feared spike in oil prices later this year, including the possibility of an additional release from the nation’s emergency crude reserves.