Diesel markets closing out a strong November
Commodity and wholesale prices way up, but weekly DOE retail average number lagging
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.
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.
Ryder is a major seller of used trucks. So it was notable that in its quarterly earnings report, it said the amount of money it was getting from the sale of used trucks was better than its estimates and that the market had been a pleasant surprise. To talk about the market for used trucks, […]
A Canadian trucking and logistics company has put money down on 150 Tesla Electric Semis in what could be the biggest big rig order yet for the electric vehicle company.
Beset by poor margins, refiners have announced closures and are expecting a lot more in the not-too-distant future
But margins made on those diesel sales were down from 2Q and last year
California air quality chief on short list to helm Biden EPA; 125 zero-emission models in production; LA mayor seeks proposals on zero-emission drayage technology.
Zero-emissions credit sales drive Tesla profitability; heavy-duty truck manufacturers to access REC markets
The maker of fuel-efficiency technology for heavy-duty trucks bets on logistics software and the carbon markets.
Drop in stocks relative to demand was the biggest ever in the latest report; demand figures finally seem to be reflecting strong trucking market
Also on this week’s edition: diesel did something last week it hasn’t done in at least 30 years.