diesel prices

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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LogBook

CSA rankings, a weight pilot program, use of heavier trucks and a new hours rule proposal are among the industry news items featured.

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Diesel price sets 2-year high

The current price is the highest since $3.482 in Oct. 20, 2008, and 56.2 cents above a year ago.

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Diesel price rises

The current price is the highest since $3.288 in October 2008.

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So you want a good deal on a low-mileage truck…

Sales of trucks, like everything else, slumped badly during the recession. Now there’s a shortage of used trucks in the sweet spot of four to five model years old, and it’s not going away anytime soon.

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