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.
Amazon has enabled customers to pay digitally at gas stations via Alexa, which can confirm the station location and pump number and activate the pump for drawing fuel.
The principles of Environmental/Social/Governance are going to be a factor in the future, according to Morgan Stanley
There are plenty of individual interests likely to want enforcement of IMO 2020. But is the market incentivizing noncompliance?
The “New Year’s Eve surprise” may have been a first step toward getting the California trucking industry out from under the AB5 legislation that will have serious consequences for the independent owner operator model. Weston LaBar is the CEO of the Harbor Trucking Association, which represents the drayage industry. He spoke on the Drilling Deep […]
Diesel prices, like all commodities, are priced based in real-time based on the balance of supply and demand. Before we dive into how diesel prices are generated, we should discuss the two most important factors in what prices consumers will see at the pump: retail and wholesale.
The study looked at 85 different technologies that can help drive fuel efficiency.
Benchmark crude oil prices were up roughly 4% overnight and into Friday on international markets in reaction to the U.S. airstrike that killed Qasem Soleimani, the leader of the Iranian Kuds force. At approximately 7:45 a.m., Brent crude on the CME was up 3.88% to $68.82, a gain of $2.57/barrel. WTI, the U.S. benchmark, rose […]
Most big rigs in the U.S. have tanks that range in capacity from 120 gallons per tank up to 150 gallons and depending on the radius of operation, may have one tank for shorter hauls or two tanks for longer ones.
There were plenty of things that could have sent the market spinning higher, but the range for retail diesel prices was relatively narrow.
IMO2020 is an environmental rule effective January 1, 2020 that regulates how much sulfur a ship can give out in its exhaust.
The squeeze on capex is likely to be a determining factor on the oil patch activity levels next year.
Ben Thrower writes about recent changes in Mexico’s oil policies and how they may harm the country.
This analysis was distributed earlier this week as a Deep Dive offering to subscribers of FreightWaves’ SONAR market dashboard. The author is SONAR’s market expert on oil. If you think the price of gold says nothing about the inherent value of commodities — or the value of anything — then you can stop reading right […]
Drilling Deep podcast host John Kingston joins with his colleague FreightWaves Finance Editor Todd Maiden to discuss how the trucking industry did on Wall Street during this past year. What does its performance mean for the future? And your host will be wrapping up the “right back where we started” year in diesel pricing.
An early Christmas gift for the electric truck maker marks the company’s fourth investment announcement this year.
The price of hydrogen has a long way to fall to be competitive with diesel. Knowing where the price stands is a first step.
A recent big corporate writedown in the oil and gas sector was a big deal. But in this week’s Drilling Deep podcast, host John Kingston discusses that maybe it isn’t quite as big a deal as some people were making it out to be. And then we’ll shift gears and talk about one aspect of […]
New independent research reveals that lines are failing to adequately explain how IMO 2020 fuel bill surcharges are calculated.
The biodiesel blender credit reinstated by Congress Dec. 17 is a $3 billion a year boost to a less-polluting diesel fuel.
Sales mandates are gaining popularity in the world’s two largest electric vehicle markets.
