fuel

‘Hot fuel’ cases dismissed, giving victory to fuel providers in 7-year-old lawsuits

Nearly all of the outstanding lawsuits against fuel providers in the "hot fuel" cases have been dismissed by plaintiffs, as 22 lawsuits were dropped against 15 fuel providers.

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Diesel spikes nationwide, jumps 10 cents in three weeks to highest point since September

The national average price for a gallon of on-highway diesel jumped again in the week ended Feb. 10, rising 2.6 cents to $3.977. The price of diesel has now risen 10.4 cents in the last three weeks and has hit its highest point since the week ended Sept. 9's $3.981.

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Upping fuel economy for trucks would yield savings for consumers and boost economy, report says

The average U.S. household would save about $250 a year if medium- and heavy-duty trucks in the U.S. cut their fuel consumption by 50 percent, according to a recent report.

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Diesel price spikes 4.7 cents in second largest weekly gain in a year

The national average diesel price in the week ended Feb. 3 spiked 4.7 cents to $3.951, the largest week to week increase since Sept. 2 and the second largest in nearly a year, when the price rose 5.3 cents in the week ended Feb. 18.

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Trio of House bills aimed at increasing use of natural gas in long-haul trucking

Two members of the House have introduced pieces of legislation to increase natural gas use in long-haul trucking by finding and eliminating barriers preventing the fuel from catching on and establishing corridors for nationwide truck lanes.

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Diesel price jumps, continues bouncing up and down

The national average price for a gallon of on-highway diesel rose in the week ended Jan. 27 3.1 cents to $3.904, climbing after two weeks of price drops, according to the Department of Energy's Energy Information Administration.

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Fuel card provider Comdata, truck stop chains to pay $130M in settlement with independent truck stops

Fuel card provider Comdata, along with TA, Love's, Pilot and Country Stores have agreed to pay $130 million to 4,000 independent truck stops in a class-action settlement over allegations that Comdata charged them 500 to 1,000 percent more per transaction.

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Diesel down another 1.3 cents, enters downward trend

The national average price for a gallon of on-highway diesel now has fallen nearly 4 cents in the last two weeks, falling 1.3 cents in the week ended Jan. 20 to $3.873, according to the Department of Energy's Energy Information Administration.

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Diesel price falls in one of biggest weekly price drops in nearly a year

The price of diesel in the week ended Jan. 13 fell 2.4 cents from the week prior week to a national average of $3.886. The 2.4-cent drop is the third largest since April 2013.

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Dept. of Energy still predicting diesel to fall roughly 10 cents a year in 2014, 2015

As supply growth is expected to exceed growth in demand, the Department of Energy predicts the average price of diesel in 2014 to fall 11 cents to $3.81 and to fall in 2015 another 9 cents to $3.72.

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