Diesel prices
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Energy
FreightWaves oil report: Diesel just sits there while gasoline rockets higher
When a spread like that between gasoline and diesel come in this far and this fast, it can’t go on forever.
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Economics
The outlook of one energy economist for IMO2020: chaos in the diesel market
Stepping into the system is expected by this economist to be Donald Trump, using emergency powers to halt exports of diesel fuel
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Fuel
A trade gets done in Singapore and gives a hint what will happen to fuel prices under IMO2020
It was only one trade and the comparisons to diesel prices are less than perfect. But there now is an actual transaction that reflects a…
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Canada
FreightWaves releases retail to wholesale fuel spread and additional violation data in SONAR
FreightWaves adds violations, fuel spread, and more rail data to SONAR platform
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Driver issues
FreightWaves oil report: a U.S. government agency makes a specific estimate how IMO2020 will hit diesel prices
The EIA becomes one of the first major forecasters to put a price per gallon estimate on what is going to happen to diesel prices…
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Driver issues
OPEC ready to put more oil into a market that very much needs it
Cutbacks dating back to 2015, strong economic growth and problems in a lot of producing countries have brought the oil market to this point.
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News
Owner-operators shut down Brazil’s highways
Brazilian President Temer ended Petrobras’ practice of subsidizing diesel prices, which has sent fuel costs for independent truck drivers spiraling. The owner-ops went on strike…
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Economics
Today’s Pickup: U.S. Chamber calls for fuel tax increase
The U.S. Chamber of Commerce is asking the Trump Administration to increase the federal fuel tax 25 cents per gallon.
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News
Today’s Pickup: L.A. council to explore port ban on carriers using contractors
The never-ending story of whether port truckers should be contractors or employees is facing a new battlefront as two councilmen for the city of Los…
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Fuel
Today’s Pickup: GM ditching combustion engine in favor of electric, fuel cells
GM announced yesterday that it will stop developing new gas-powered vehicles and instead will invest in electric and fuel-cell vehicles, including a truck platform that…
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