Why the feared IMO 2020 spillover effect on diesel markets didn’t happen
Plenty of distillate molecules to go around plus no collapse in high sulfur reversed all conventional wisdom, Morningstar says
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.
Plenty of distillate molecules to go around plus no collapse in high sulfur reversed all conventional wisdom, Morningstar says
Comparing first month to prices out in future a solid way of figuring out whether stocks are growing or tightening
Plug Power’s hydrogen solutions are expanding into Walmart e-commerce applications after proving effective in the company’s grocery and retail networks.
Diesel market has strength not seen since April
Electric vehicle startup Xos Trucks has inked a deal with Dickinson Fleet Services involving the purchase of five medium-duty, zero-emission, fully electric service trucks. Under the order, the electric truck company will build and deliver five medium-duty vehicles that DFS, headquartered in Indianapolis, will dedicate to servicing electric vehicle fleets as well as traditional diesel […]
Renewable natural gas (RNG) is having a moment, and California, naturally, is at the epicenter. In 2020, a company that sells renewable natural gas to California medium- and heavy-duty trucking fleets can charge as much as $10-$12 per diesel gallon, according to Cliff Gladstein, president of Gladstein, Neandross & Associates (GNA), a leading clean transportation […]
Most recent gain is 2.4 cents a gallon
The EV Fleet Savings Calculator allows businesses with medium- to heavy-duty fleet vehicles to explore EV investment estimates based on fleet sizes, infrastructure, budget and other factors.
Three-week total an increase of almost 12 cents a gallon
Commodity and wholesale prices way up, but weekly DOE retail average number lagging
Rumours of diesel’s death under the incoming administration are greatly exaggerated, industry advocates say.
While each fuel-efficient conveyance may consume less fuel per mile, the cost savings may induce more miles to be driven.
The weight of an electric semi truck battery has been a longstanding conundrum for electric vehicle advocates, as conventional wisdom posits that it would need to be so dense and heavy as to displace cargo, putting the trucks at a disadvantage compared to diesel competitors. The range of an electric battery is the other big […]
Increase follows movement in commodity and wholesale markets
One of the world’s largest OEMs to back California and Biden transportation electrification goals
The weekly DOE/EIA average retail diesel price rose 5.8 cents a gallon Monday to $2.441 a gallon. That’s the highest one-week increase in prices since September of last year when Hurricane Dorian was impacting oil markets. The increase also brings the weekly price up to the highest level since Aug. 31 of this year when […]
People aren’t going out as much and that is putting a small but notable squeeze on one part of ambitious renewable fuel plans
Nine California state legislators send letter to Gov. Gavin Newsom urging him to take a technology-neutral approach to decarbonizing medium- and heavy-duty trucking.
The weekly Department of Energy/Energy Information Administration average retail diesel price released Monday, the basis for most fuel surcharges, rose 1.1 cents to $2.383 per gallon. Here’s a scorecard of some oil price moves in recent days. — The DOE/EIA price from a week earlier, $2.382 per gallon, was the lowest DOE/EIA price since August […]
The incoming Biden administration is expected to increase regulatory oversight of electric and self-driving vehicles.