Government, Fuel

Key Democrats Press for Infrastructure Funding Amid Tax Reform Debate

Rep. John Delaney John K. Delaney via YouTube

Several Democrats, including Rep. John Delaney of Maryland, are critical of a tax reform package proposed by House Republicans that does not offer an approach to fund big-ticket infrastructure projects..

Eugene Mulero | Staff Reporter
November 2, 2017
Business, Fuel

Exxon Not Threatened by Electric Cars, Says Trucks Are ‘Where the Real Action Is’

Trucks sit in a parking lot outside a Mobil gas station in Morton, Ill. Daniel Acker/Bloomberg News

Exxon Mobil Corp. says the existential threat to oil producers from electric cars is overblown.

Joe Carroll | Bloomberg News
November 2, 2017
Business, Fuel

US Oil Rises to 10-Month High as Stockpiles Seen Dropping

A freight trail full of tanker cars hauling crude oil crosses the plains near Trenton, N.D. Kevin G. Hall/MCT

Oil rose to the highest level since early January in New York on expectations that government data will confirm another drop in U.S. crude inventories as the global surplus recedes.

Grant Smith | Bloomberg News
November 1, 2017
Government, Fuel, TCA

California Truckers to Pay 20¢ More a Gallon for Diesel Starting Nov. 1

Daniel Acker/Bloomberg News

Beginning Nov. 1, drivers across California can expect to pay an extra 12 cents per gallon for gasoline at the pump, and an extra 20 cents per gallon for diesel.

Erin Baldassari | East Bay Times
October 31, 2017
Business, Fuel

Diesel Climbs to Highest Price in More Than Two Years

tanker truck unloading diesel Flickr

The U.S. average retail price of diesel increased 2.2 cents to $2.819 a gallon — the highest price in more than two years — as oil prices rallied on speculation production cuts will continue into 2018 following a meeting of the Organization of Petroleum Exporting Countries in November.

Roger Gilroy | Staff Reporter
October 30, 2017
Business, Technology, Fuel

Daimler Steps Up Electric Truck Rollout as Tesla Rivalry Looms

Fuso eCanter truck Mark Kauzlarich/Bloomberg News

Daimler AG is stepping up plans to roll out electric-powered trucks as the world’s largest maker of commercial vehicles seeks to fend off newcomers like Tesla Inc. and Deutsche Post AG.

Joao Lima | Bloomberg News
October 30, 2017
Government, Business, Technology, Fuel

GHG Phase 2 Rule for Trailers Put on Hold

Utility trailer Utility Trailer Manufacturing Company

A federal appeals court has temporarily halted implementation of a provision in Phase 2 of the heavy trucks greenhouse gas rule of 2016, which would have regulated trailer manufacturers for the first time beginning Jan. 1.

Eric Miller | Staff Reporter
October 30, 2017
Business, Technology, Equipment, Fuel

Daimler Steals Tesla’s Thunder With Heavy-Duty Electric Truck

Daimler Trucks

Daimler AG is jumping the gun on Tesla Inc. by showing off a battery-powered heavy-duty truck weeks before the California electric-car maker’s own planned unveiling, in a sign of the growing rivalry between the companies.

Elisabeth Behrmann | Bloomberg News
October 26, 2017
Government, Business, Fuel

Trump’s Economic Adviser Floats Idea of Gas Tax Hike for Infrastructure

Spencer Platt/Getty Images

President Donald Trump’s chief economic adviser raised the possibility of increasing the federal gasoline tax next year to help pay for the administration’s $1 trillion infrastructure plan, U.S. Representative Tom Reed said.

Erik Wasson and Mark Niquette | Bloomberg News
October 25, 2017

Diesel Rises 1 Cent to $2.797 Per Gallon

Truck fueled with diesel Daniel Acker/Bloomberg News

The U.S. average retail price of diesel fuel increased 1 cent to $2.797 a gallon, the Department of Energy reported Oct. 23.

Transport Topics
October 23, 2017