Fuel News

Fuel levies on U.S. customers to rise 100 basis points for air and ground services, source says.

Also on the podcast: The growing tie between high natural gas prices and what you’re paying for diesel.

The latest rise is the smallest of the past four weeks but still a hefty 4-plus cents per gallon.

Also on the podcast: checking on the numbers in the red-hot diesel market.

Several large retailers are pledging that in less than 20 years, they will ship goods across the ocean without emitting greenhouse gases. Some environmental groups say that’s not soon enough.

The benchmark price for setting fuel surcharges is now at its highest level since November 2008.

This episode also dives into the tight inventories facing the diesel market.

The transportation industry needs to transition to cleaner fuels to keep global temperature rise below 1.5 degrees Celsius. Green hydrogen-based fuels have potential to decarbonize shipping, aviation and long-haul trucking, according to recent reports.

Inventories are tightening, and the diesel gains are running stronger than crude.

Cost of fuel consumed by container ships, bulkers and tankers is effectively at a seven-year high.

The Sustainable Shipping Initiative’s recent report on marine fuels urges the inclusion of all aspects of sustainability, such as air quality, human rights, water, social equity, land use and of course, greenhouse gas emissions.

The increase of more than 7 cents is the highest jump since March, while the outright price is the highest since December 2014.

Also on the podcast: A roundup of recent news in the oil and diesel world.

An ATRI study shows how electric vehicles can be taxed to keep the Highway Trust Fund from going bankrupt.

Commodity diesel prices also rose on Monday, up toward October 2018 levels

Trucks release a lot of data. Two attorneys from the Benesch law firm discuss the ownership of that data on this week’s podcast.

“Currently, sustainable aviation fuel accounts for less than 0.1% of the world’s use of aviation fuel. We want to help our customers use more SAF,” said Anna Mascolo, president of aviation at Shell.

Fuel hedging expert Elaine Levin explains her bullish outlook on price hedging and how it can help carriers lock in their fuel budget.

Renewable diesel is the hot new market in the fuels business. An expert discusses why.

SkyBitz executive Ken Moore explains how remote fuel storage tank monitoring works and why it can help reduce freight costs in a fireside chat at FreightWaves’ Fuel Buyers Summit.