diesel archivos - Page 2 of 6

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 […]

Briefs: truck parking, predatory towing and national diesel pricing

Trucking industry updates Parking legislation for trucks: will it become reality? The availability of truck parking in the United States remains a concern in the trucking industry. Some truckers have resorted to private paid options due to the lack of government incentives. However, several states are working on legislation to address this issue, including Minnesota, […]

Summer fuel tax surge in five states

California, Indiana, Missouri, Illinois, and Virginia will see increases in fuel taxes starting July 1st Summer will not only bring an increase in temperatures. Starting from July 1st, California, Indiana, Missouri, Illinois, and Virginia will see relatively routine increases in fuel taxes take effect. According to reports, the states will experience an approximately 4-cent increase […]

A look at the declining diesel prices in the US

Despite conflicts in the Middle East and navigation diversions in the Red Sea, oil prices remain unaffected The average diesel price has decreased for the fifth consecutive week. According to the Energy Information Administration (EIA), this week’s average retail diesel price dropped by 4.6 cents, reaching $3.848 per gallon. Over the past five declines, the […]

Low distillate consumption in the United States: factors and trends

Distillate consumption in the U.S. has remained at low levels, reflecting economic and energy factors According to the Energy Information Administration (EIA), distillate consumption in the United States has remained at low levels during the current year, reflecting various factors impacting both economic activity and energy preferences. In its Weekly Petroleum Status Report (WPSR), average […]

Deterioration in the global diesel market

Diesel sales decline as drivers switch to other alternatives The global diesel landscape shows concerning signs of deterioration, causing unease among oil sector investors. Across Europe, the United States, and Asia, a noticeable decrease in markets has been observed, characterized by the absence of premiums in short-term prices. This phenomenon is commonly interpreted as an […]

Risks and price increases in world fuel production

Fuel production disruptions, transportation attacks, and Western sanctions are driving price hikes Disturbances in trade routes and refinery closures have contributed to the rise in global fuel prices. Increases in gasoline and diesel surpass those of crude oil in some major markets. Fuel production disruptions, transportation attacks, and Western sanctions are driving price hikes. Despite […]