Drilling Deep: What 2020 meant for more efficient fuel and freight trends

· Friday, January 22, 2021

Photo: Jim Allen/FreightWaves

On this week’s Drilling Deep podcast, Mike Roeth of the North American Council for Freight Efficiency looks over the tumultuous year of 2020 and what it meant for the efficiency of trucks heading down the highway.

There were some favorable trends: wide-open highways at the start of the pandemic and lower fuel prices in the first half of the year, followed by a more return to normal traffic patterns by the end of the year and rising diesel prices.

Also on this week’s podcast, host John Kingston discusses whether the seeds for a price surge in oil are being put in the ground now because of a lack of investment in new supply.

More articles by John Kingston

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John Kingston

John has an almost 50-year career as a journalist, most of them covering commodities and markets. The largest part of his career was spent at Platts, now part of S&P Global Energy. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment. He was awarded the 2020 Abdullah Bin Hamad Al-Attiyah International Energy Award for Lifetime Achievement for the Advancement of International Energy Journalism.