Tag: Fuel

Trump’s fuel economy rule reversal: key impacts

The U.S. Secretary of Transportation has ordered the repeal of the miles-per-gallon regulations for cars and light trucks. One of the first mandates established by the new U.S. Secretary of Transportation, Sean Duffy, is related to the main way the federal government currently regulates miles per gallon for cars and trucks, as well as air […]

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 […]

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 […]

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, […]

In brief: California, AB5, and the future of fuel

California to vote on transportation tax proposals, AB5 law continues to cause controversy, and EIA shares predictions of fuel prices by 2025 California voters face key decisions on transportation funding and tax proposals On November 5, California voters will decide on several tax proposals to fund transportation projects and other purposes. The cities and counties […]

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 […]

Fuel card fraud: the role of technology in prevention

Fuel fraud represents approximately 5% of the total fuel expenditure for companies Fuel card fraud and refueling transactions have experienced a drastic increase. According to experts from transportation and fuel industry companies, these tactics will continue to rise unless appropriate measures are taken to counteract them. Motive, the company behind the Motive card for fleet […]

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 […]