Every year on July 1st, new state fuel excise taxes are ushered in and yesterday was no different. The chart below lists the increases sorted by highest to lowest. Keep in mind this is on top of the existing state tax. Federal tax is $0.1840 per gallon. This year’s winner is Illinois with a whopping […]
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Although prices are well off their highs, the complex trades higher today after OPEC+ looks to extend production cuts, the U.S. and Chinese declare a truce on the trade war, and Iran reported having higher levels of uranium than the 2015 signed nuclear deal allows.
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Here is what you need to know going in to the G20 Summit that will be taking place in Osaka Japan on June 28th and 29th.
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Where would somebody look to decide what steps can be taken to increase driver safety? Is it technology that needs to be advanced in order to prevent the number of accidents? Or is it looking at the data and facts of how many truck involved accidents have occurred on our roadways? Perhaps there is a […]
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Analysts are getting increasingly worried that the refining industry will not be prepared in time to meet the lower sulfur regulation under the new International Maritime Organization (IMO) set to begin January 1, 2020 and will subsequently increase diesel prices in relation to crude oil.
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On May 7th we reported the beginning of the end of the spring gasoline price rally. After six weeks of gains on the NYMEX, and summer grade gas specification changes piling on more cost, retailers were unable to pass through daily wholesale price increases.
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On June 4th– 6th International Roadcheck will begin in North America. Within this 72-hour period, the Commercial Vehicle Safety Alliance (CVSA) will conduct random inspections on 17 commercial vehicles and their drivers every minute.
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The Keystone XL Project is a proposed 36-inch-diameter crude oil pipeline, beginning in Hardisty, Alberta, and extending south to Steele City, Nebraska. The $8 billion line would carry up to 830,000 barrels (35 million gallons) of crude daily from Canada to Nebraska.
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