49 Miles Per Gallon by 2026

On April 1st, the U.S Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) announced the new fuel economy standard for 2026, which undid the standards enacted under the Trump administration. This new standard will make vehicles more fuel-efficient, decrease oil consumption, decrease the impact fluctuating oil markets have on consumer wallets, and reduce transportation emissions.

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The Continued Climb Up

A Map of US Fuel Prices

Fuel prices across the world are continuing to climb to record highs amid the Russian-Ukraine conflict. People across the world are experiencing the economic hardships as a result of astronomical prices and are looking for answers as to why they continue to climb. According to AAA, the average price of gas across the U.S. is […]

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Higher Oil Prices Not Yielding Higher Profits

As a consumer, we tend to believe that companies will prioritize their profits over everything else, and a higher price point means they are making more money.  While that might be true in some industries, oil and gas companies are feeling a negative impact on rising oil prices across the globe. Multiple factors come into […]

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Slim in…for good?

Oil and gas explorations remain sluggish and failing to rebound as expected. At $40+ a barrel and positive market indicator would historically promote conditions for the industry to recover, however there has been no indication of a recovery to speak of. The new normal seems to be a slim, budget conscious, and efficient industry soup […]

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Volatile December Upcoming?

As many of us are focused on our plans for the Thanksgiving holiday, we need to be aware of market-moving headlines in December that could create a volatile price market – similar to last year. Let’s review some of the events which could present an opportunity to take advantage of market movement and protect your […]

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Fuel Figures Flourish From Floods

The Midwest continues to see the effects from the recent month of March floods and is causing ethanol to be near its highest basis level since 2014. While prices go up and barrels are trapped in the country’s interior, it’s causing the U.S. coasts to suffer from a biofuel shortage.

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Training Drivers for Fuel Efficiency

With constant fluctuations in price, fleet owners are becoming much more conscious of their fueling spend.  Some may shop around to find more cost effective supply options, while others are looking at newer technologies to increase fuel efficiencies.  Most of us have seen smart phone applications for everything it seems, but now trucking companies are […]

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Why U.S. Crude Oil Exporters are Not Happy Today

On Saturday OPEC and non-OPEC producers agreed to raise production by 1 million barrels per day (bpd). Perhaps more important than that, they agreed to return to 100% compliance of the previously agreed upon production cuts of 1.8 million bpd. Production was lagging from struggling countries, i.e., Venezuela, Angola and Libya which effectively equated to […]

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