The Department of Energy’s monthly short-term energy outlook projects that diesel fuel will average nearly $3 a year before eclipsing that mark in 2011. Gasoline will rise to $2.84 a gallon this year from $2.35 last year and continue climbing to an average $2.97 in 2011, DOE said, pinning the gain to projected higher crude Continue Reading

Diesel prices are expected to hold steady for the rest of this year, but the average price per gallon is projected to jump by a nickel in 2010, according to the Department of Energy. For the rest of 2009, expect to see $2.46 per gallon at the pump, but next year fuel is forecast to average $2.84, up from its previous estimate of Continue Reading

With the uncertain stability of fuel prices hanging above the trucking industry like a Damocletian sword, the American Trucking Association (ATA) is taking on the Commodity Futures Trading Commission (CFTC), calling for regulation to help combat volatility in 2008 costs that put some carriers out of business and left many others Continue Reading

New EPA-mandated emissions levels have in the past meant a subsequent change in lubricants, but 2010 engines may be spared. The SAE API CJ-4 oils developed for the last EPA emissions level change in 2007 are anticipated to be compatible with all 2010 engines. The article below breaks down various lubricants and technologies and offers Continue Reading

The American Trucking Association, along with 80 trade associations, are petitioning Congress to help prevent excessive speculation in commodities markets in hopes of preventing the record high fuel prices experienced last summer. Since March, gasoline has risen more than Continue Reading

If you’re dying to know whether your oil or oil-based fluid system has sprung a leak, Tracer has just the product you need. It’s TP-3400 Dye-Lite All-In-One fluorescent dye helps detect leaks in a variety of fluids and is effective with Continue Reading

Oil was steady early Friday after closing Thursday below $37 a barrel on the New York Mercantile Exchange, the first time it closed below $40 in more than four years, Bloomberg reported.

Crude futures fell $3.84 Thursday to close at $36.22 on the Nymex, and the continuing decline showed that OPEC’s decision Wednesday to cut production volumes by 2.2 million had little immediate effect on prices, Bloomberg said.

Oil closed at a record $145.18 a barrel on July 14, and has fallen steadily since then.
 
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