Trade War Hinders Commodities, Helps Oil
Commodity companies are beginning to feel the impact of President Donald Trump’s trade policies, and their earnings report cards will signal how well they’ve been able to protect shareholder value.
October 16, 2018Diesel Inches Up 0.9¢ to $3.394 in Eighth Straight Increase
Diesel prices continue to move higher, increasing 0.9 cent to $3.394 per gallon, according to the survey by the U.S. Department of Energy on Oct. 15.
October 15, 2018Gas Flow Resumes After Canada Pipe Rupture Hits Oil Refiners
Natural gas has begun flowing again on a pipeline in British Columbia after a rupture on an adjacent line forced oil refineries in Washington to cut output and sent gasoline prices soaring up and down the West Coast.
October 11, 2018Oil Falls Most in Eight Weeks as Investors Avoid Risky Assets
Crude posted the biggest decline in eight weeks as a risk-off sentiment spread through global markets. Futures tumbled 3% in New York on Oct. 11. Investors eyed a sixth day of U.S. equity losses along with heightened volatility.
October 11, 2018Four Democratic Representatives Seek IG Investigation of TTU Glider Study
Four House Democrats have asked the Environmental Protection Agency Inspector General to investigate a glider truck study by a Tennessee Tech University researcher. The study already is the subject of a research misconduct investigation by the university.
October 11, 2018Trump Lifts Sales Restrictions on Gasoline With High Ethanol Blend
WASHINGTON — The Trump administration is moving to allow year-round sales of gasoline with higher blends of ethanol, a boon for Iowa and other farm states that have pushed for greater sales of the corn-based fuel.
October 10, 2018Diesel Jumps 7.2¢ to $3.385 a Gallon
The U.S. average retail price of diesel jumped 7.2 cents to $3.385 a gallon as oil prices remained at levels not seen in four years over supply concerns. The increase was the seventh consecutive weekly rise for diesel, and the fuel has risen 17.8 cents a gallon since Aug. 20.
October 9, 2018Exxon Puts $1 Million Into Hunt for Carbon Tax and Rebate
Exxon Mobil Corp. is putting $1 million into a political campaign that, if successful, would effectively spawn a tax tied to the company’s core products.
October 9, 2018Love’s Offers Private Label DEF in Consumer Packaging
Love’s Travel Stops now offers its own private-label diesel exhaust fluid in a 2½-gallon container for auto diesel customers and professional truck drivers.
October 9, 2018Natso Launches Management Service Tied to Renewable Fuels Standard
Natso, the national association representing the travel plaza and truck stop industry, and its newly launched Alternative Fuels Council initiated a renewable identification numbers management service Oct. 1.
October 9, 2018