Tag: Fuel

February 27, 2023

The national average price for diesel finished February with a flourish, dropping 8.2 cents a gallon to reach $4.294, according to Energy Information Administration data released Feb. 27. Highlights Diesel has shed 24.5 cents over the past three weeks and […]

February 13, 2023

The national average price for a gallon of diesel sank by 9.5 cents, reaching $4.444 a gallon, according to data for the week ending Feb. 13 provided by the Energy Information Administration. Highlights The price of diesel fell in all […]

January 9, 2023

Some Americans could end up paying more for their gasoline thanks to a plan by seven Midwestern state governors to boost the use of corn-based ethanol. Their request is under review by the federal government. If adopted, it could be […]

November 1, 2022

Chart Industries and Flowserve Corporation have entered into an agreement to support the growth of hydrogen as an alternative, cleaner fuel source. Under the agreement, Flowserve will acquire in-process R&D related to Chart’s liquid hydrogen fueling pump and will be […]

October 31, 2022

The national average price for diesel dropped 2.4 cents to $5.317 a gallon, according to Energy Information Administration data released Oct. 31. Highlights Diesel had risen 50.5 cents a gallon the previous three weeks before the current dip. A gallon […]

October 28, 2022

U.S. gasoline prices are on the rise for the first time in 16 days, potentially posing a political challenge for the Biden administration ahead of elections even as it casts a spotlight on Big Oil’s massive profits. The average national […]

October 12, 2022

The increase in the weekly average retail diesel price published by the Department of Energy’s Energy Information Service rose by the third largest amount ever this week. The benchmark used for most fuel surcharges was reported a day later than […]

June 29, 2022

Global road fuel demand will peak in five years, though it will be decades before shifts in consumption reshape transportation’s reliance on fossil fuels, according to a report from BloombergNEF. Road fuel use will rise to 45.2 million barrels a […]

June 28, 2022

Ammonia might be a frontrunner in the fuel of the future stakes, but it still has plenty of safety hurdles to overcome to gain widespread acceptance, something class experts are looking into a great deal of late. Because it burns […]

June 7, 2022

Gasoline reached $5 a gallon or more in more than a dozen states a week into the peak summer travel season, as stockpiles of the fuel remain tight. New Jersey, Maine and Massachusetts joined the $5 club overnight to bring […]

May 26, 2022

Legislation designed to enhance market transparency and direct the Federal Trade Commission to prevent fraud or manipulation linked to inflating gasoline prices was approved by a Senate panel. The Commerce Committee on May 25 voted along party lines to advance […]

April 1, 2022

The Biden administration ordered carmakers to increase their average fuel economy to about 49 mpg by 2026, in an ambitious effort to make up for progress stalled when President Donald Trump rolled back the efficiency program. The new fuel economy […]

February 17, 2022

Congressional lawmakers are proposing measures that include a suspension of the federal gas tax to stave off soaring prices at the pump, and are considering other remedies to ease inflationary price increases as Congress averted a federal government shutdown by […]

May 13, 2021

The Biden administration temporarily eased century-old U.S. shipping requirements so a single foreign tanker could transport gasoline and jet fuel to the East Coast, where the Colonial Pipeline outage caused tanks to run dry. A waiver has been issued for […]

January 13, 2021

The world’s appetite for U.S. diesel is falling, leaving stockpiles of the fuel at their highest level since early October. The increased supply, combined with swelling inventory of gasoline, threatens to stifle the oil industry recovery that began with the […]

April 24, 2020

The company is using digital tools to detect water resistance increases on its ships caused by fouling. It has also developed ship-specific biofueling management plans for its vessels detailing the removal activities and hull cleaning. Last year. a total of […]

April 16, 2020

The US-based classification society just released the 2020 Setting the Course to Low-Carbon Shipping — Pathways to Sustainable Shipping outlook, which maps out the path toward decarbonization goals of the global fleet. The three fuel pathways are: (i) light gas, […]

January 14, 2020

Starting Jan. 1, the vast majority of the world’s ships were forced to change the fuel they use. Some big winners — and potential losers — are starting to emerge from what was a historic switch for the world’s oil […]

November 21, 2018

“That’s not insignificant,” said Yeganeh Hayeri, an assistant professor at Stevens whose work lies at the intersection of civil and environmental engineering and public policy. “That translates to between $60 and $266 in the pocket of car owners every year, […]

October 22, 2018

The MethaShip partners found that methanol can offer a dramatic improvement in emissions reduction across multiple ship types once the IMO has established the statutory framework conditions necessary for an industry-wide reduction of CO2 emissions. “The whole shipping sector is […]