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.
Swedish technology startup partners with oat drink company on a truck electrification project
The numbers are in – earnings for the quarter have been reported by all the trucking and other freight-related companies for the three months that ended March 31. And what a quarter it was, finishing up in the middle of a radically changed scenario that nobody could have ever modeled for. On this week’s Drilling […]
Advocates hope the pandemic accelerates adoption of natural gas vehicles; electric truck advocates double down on battery power
The timing of the law is perfect for an industry that needs help.
Action is five years after a refining unit exploded, sending gasoline prices higher.
The same health crisis that made TravelCenters of America an essential business during the coronavirus pandemic burned into non-fuel revenue in late March, leading to a first-quarter loss.
Plummeting prices make ExxonMobil’s fuel system-friendly diesel formulation that eliminates additives and reduces NOx emissions a better deal.
Refiners made lots of it and now U.S. inventories are historically high
Airlines have suffered mightily from the loss of passenger traffic as a result of the pandemic. But there also has been a demand for their services to move freight, including an area that has always been taken to the skies to move from point A to point B: medical supplies. On this week’s Drilling Deep […]
Comparisons to other recent declines show a much slower slide at the pump.
After enormous drops, the data is pointing green.
Our host John Kingston also discusses the diesel market.
For ULSD, it’s the biggest “peacetime” decline ever.
By the end, owners of crude had to pay buyers to take it off their hands.
On this week’s Drilling Deep, host John Kingston heard from Jack Rybicki, a managing principal at the accounting and consulting firm CLA. Jack has been steering many clients through the process of trying to get money from the federal government under the CARES Act — in particular, the Payroll Protection Program that will allow employees […]
Although the space is needed, the economics don’t appear to work.
ACT Expo producer talks tailwinds and headwinds facing alternative fuel vehicle programs in the wake of coronavirus pandemic
The deal runs through 2022 so plenty of time to judge its impact.
Reduction would be record-breaking but isn’t likely to be adequate to stabilize markets.
Host John Kingston also looks at the signs of a big drop in diesel demand.
