U.S. fuel prices continue gradual decline as election results approach
The EIA has reported that gasoline and diesel prices continue a gradual downward trend. The United States is preparing for the presidential elections, and as historic events approach in the coming days, the Energy Information Administration (EIA) has reported that gasoline and diesel prices continue a gradual downward trend. According to the latest data, the […]
Favorable outlook in diesel prices for consumers and transport industry
EIA reports that both retail and wholesale diesel prices will continue their downward trend. The U.S. Energy Information Administration (EIA) reports that both retail and wholesale diesel prices will continue their downward trend compared to last year’s prices. Despite a slight increase in prices over the past few weeks, the outlook remains optimistic. During the […]
Stabilizing fuel prices for small businesses with the THRIVE Act
The objective is to establish a program that reduces the exposure of small businesses to price fluctuations. A new bill in the Senate aims to safeguard small businesses from the instability of commodity prices by allowing them to set stable prices. The legislation, known as the Helping Small Businesses THRIVE Act, was introduced on September […]
In brief: zero-emission truck weight limits, tax deduction and fuel prices
California sets zero-emission truck weight limits, congress seeks tax deduction restoration and fuel prices in the U.S. Weight limits for zero-emission trucks in California A new law establishing weight limits for zero-emission trucks has been approved by the California Legislature. This legislation, which amends a previous law, allows trucks powered by natural gas and electric […]
Evolution of the cost of fuel since the 1980’s
An average car has a capacity of 15 gallons, how much did it cost to fill up a tank a few decades ago? Walkmans, arcades, and video rental stores—these are just a few of the things that have largely disappeared since the 1980s, now condensed into a single device, a symbol of one of the […]
Texas fuel prices drop in time for Labor Day travel
This drop is encouraging for both residents of the state and travelers, providing widespread relief Drivers in Texas have seen a decrease in gasoline prices this week, with the average reaching $2.99 per gallon for regular unleaded fuel, according to the AAA Texas Weekend Gas Watch report. This figure represents a 5-cent drop compared to […]
California tops the list for highest fuel taxes in the U.S.
A Tax Foundation’s analysis revealed a list of states and their fuel taxes California, Illinois, and Pennsylvania lead as the states with the highest diesel and gasoline taxes, according to a new fuel analysis by the Tax Foundation. The study, published on August 6, evaluated state fuel tax rates as of January 2024. In 2024, […]
Diesel vs. biodiesel in today’s fuel market
The dynamics of the fuel market are shifting with a growing interest in more sustainable alternatives Recently, the national average price of diesel in the United States has shown significant fluctuations. According to data from the Energy Information Administration published on August 5, the cost per gallon has decreased to $3.755, reflecting a drop of […]
Briefs: July fuel tax increases and legislative developments
Upcoming fuel tax hike, trucking bills and average U.S. diesel prices Increase in fuel taxes starting in July Starting July 1st, significant adjustments to fuel tax rates will be implemented across several states in the United States. In California, automatic increases will be introduced to keep pace with inflation, raising the gasoline tax by 1.7 […]
Diesel prices on the rise: after 10 weeks of decline, U.S. diesel prices rise again
Weekly average retail diesel price rose 7.7 cents According to the report from the Energy Information Administration, the weekly average retail diesel price rose by 7.7 cents, reaching $3.735 per gallon. This increase follows nine consecutive weeks of decline from a peak of $4.061 per gallon recorded on April 6. The current rise is the […]