Drilling Deep: In hiring drivers, speed is of the essence
Tenstreet’s Crawford talks about what he’s seeing in the flow of new driver applications.
Fuel prices and developments affect the entire supply chain, and can place a lot of pressure on carriers. Check back here for news and information related to fuel prices and the gas sector, plus insights and analysis on trends and issues impacting the industry.
Tenstreet’s Crawford talks about what he’s seeing in the flow of new driver applications.
y using a certain type of natural gas, and measuring its life cycle, a manufacturer of engines says its technology has a carbon impact of less than zero.
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It is difficult to measure the precise size of the impact on retail fuel prices, but there are signs it is in the double digits.
Retail prices fell even as wholesale and commodity prices increased.
One significant difference from traditional hedging: There is no chance of hedging losses, just upfront fees instead.
Also on this week’s podcast: Conflicting info about the US oil upstream that might actually be in sync.
The think tank report sees the funding coming from the service centers as a means to help rebuild interstate highways.
After the latest 1.5-cent decline, diesel is down 6.5 cents from the end of its 20-week run.
Needing to know where your freight is spawns incredibly competitive market
The earlier 20-week string of increases still has the price up about 50 cents more than when 2021 started.
After a February decision not to increase output, which was unexpected, the group does the unexpected this time again and decides to put more oil on to the market.
Also on this week’s podcast: Why return to air travel could have impact on diesel prices.
Twenty-week streak of increases is halted as retail diesel prices react to earlier declines in wholesale and commodity markets.
Also on the podcast: Why retail diesel prices don’t drop as fast as declines in wholesale.
Some data had been suggesting a decline was likely but the survey showed a small upward movement.
Also on the podcast: Did Joe Biden help boost the price of oil?
Diesel fell less than crude oil, signaling selling of crude as a financial asset more than diesel.
Since the price started its run in November, it’s up more than 81 cents per gallon.
The Great North is taking the slow road on implementation