diesel prices

Diesel price drops half a cent

The national average retail diesel price dipped one-half cent to $4.142 per gallon.

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Diesel price is up: One operator’s response

Driving habits can do a lot for fuel efficiency, as we know, but there are other ways of dealing with the continued high cost of fuel, up another 5 cents nationally last week. Seeing the gross inflation of crude markets that has been part and parcel of the world commodities markets in the past four-five years, owner-operator Jim Schlise, leased to Usher Transport in Louisville, Ky., rather cheekily outfitted each of the two fuel tanks ...

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One dispatcher’s public salute to the American truck driver

In case you've missed news of this one, which has made the rounds of various email blasts and blogs, it's one of the best high-profile salutes to owner-operators and drivers I've come across in mainstream media of recent memory. Written by Minnesota-based fleet manager Dan Hanson and published last week in the Minneapolis Star-Tribune, it seems to stem from a heartfelt appreciation for the difficulties experienced by his drivers in today's hurry-up climate, particularly as ...

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Roadside Attractions

Robb Mariani will be one of the judges in the Custom Rigs Pride & Polish competition, make exercise your new normal, flooding creates hassles for drivers, spotting severe weather a truck gallery and other trucking news items are featured.

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New website aggregates links to free stuff

Ever wonder how you might get free coffee at McDonald's, Starbucks or Dunkin Donuts? Free Trucker Stuff, launched in May as a portal into free services useful to the American long-hauler, has the answer. Created by a truck stop manager to benefit drivers, the site aggregates various truck stop freebies, industry information, free entertainment and productivity resources such as various online route-planning options. The website also provides truck drivers with a menu of one-click lists of truckstops, ...

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Analyst: Blame Fed’s liquidity flood for high oil/diesel

The good news is that skyrocketing oil prices, like slasher movies, are truly frightening only the first time you watch one. They get less scary with repetition. But being less scary doesn't change the basic facts. Markets need both hedgers and speculators to function properly. When they lose balance, they no longer function according to true supply and demand. --journalist Ed Wallace, writing in Bloomberg Businessweek Up, up, up... Excessive speculation is taken as a given ...

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Diesel averages $4.10

The national average price is at its highest level since Sept. 1, 2008, when it was $4.121 and $1.03 a gallon higher than the same week last year.

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Back to the past: $4 diesel returns

Well it's official, folks. The Energy Information Administration's weekly diesel report this week showed the national average with 3 cents of the $4 mark, reaching the highest point yet in the now near nine-month run-up in price we've seen since last August, by now oh-so eerily reminiscent of the 2007-08 run (an Overdrive headline in April 2008 read, "No April Fool's joke: $4 diesel"). This blow-up is ever more remarkable in what it's been revealing about the glacial ...

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Speakout

Truckers weigh in on industry issues.

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Revisiting the oil bubble, as diesel continues up, up, up

In the July 2008 issue of Truckers News, I reported on huge and speculative, long-only investment positions in commodities markets then contributing to the dramatic rise in crude oil and other commodities prices. Oil topped off at an historic high of near $150 a barrel that month, and if you were around trucking then I don't need to tell you what that did to diesel prices. Well, it seems that investor speculation in commodities indices, driving ...

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