A quick look at any truck stop’s signage this year will reveal some eye-popping numbers; U.S. Energy Information Administration (EIA) figures for March 2022 peg the average cost of gasoline at $4.22/gallon. Diesel fuel comes in almost a full dollar higher at $5.11/gallon. Price pressure has abated since then, but only slightly. According to the […]
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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.
Read MoreOn Monday, December 20th, President Joe Biden committed to raising the average fuel mileage on new vehicles to 40 MPG in passenger cars and light duty trucks. EPA standards will be improved upon annually until the 40 MPG target is achieved in the year 2026. The most recent target was 32 MPG, set by the […]
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