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DOE projects lower
diesel price for 2009

With a weak economy projected to continue through most of 2009, along with lower crude oil prices, the average diesel price in 2009 is projected to be $1.08 lower than the average in 2008, according to the Short-Term Energy Outlook, a monthly report from the Department of Energy (DOE)...

Railroad concerns prompt competition study

Railroad industry stakeholders continue to be concerned over competition, captivity, rates, service performance, and financial viability, according to a recent study commissioned by the Surface Transportation Board (STB)...

Fuel oil industry
faces high fixed rates

The New England Fuel Institute (NEFI) and New England fuel oil dealers are seeking a meeting with the federal government after many customers opted to sign up for fixed rates when the cost of the product skyrocketed through mid-July, according to NEFI information...

Diesel price falls
to 2007 levels

The average price of diesel continued on its downward slide last week, falling over 14 cents to $2.944 per gallon, the lowest since September 2007...

Railcar orders falling

FTR Associates, Nashville IN, has sharply reduced its expectations for railcar orders in 2009, in response to the fast-deteriorating condition of the general economy...

NAFTA surface trade
rises in August

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico was 4.5 percent higher in August 2008 than in August 2007, reaching $72.3 billion, according to the Bureau of Transportation Statistics (BTS) of the Department of Transportation...

Volatile market douses diesel survey

NATSO Inc, the association of the travel plaza and truckstop industry, has announced the suspension of its diesel volume survey as a result of the volatile petroleum market...

Truck Tonnage index decreases in September

The American Trucking Associations (ATA) advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 0.9 percent in September, marking the third consecutive month-to-month drop, according to ATA information...

Diesel price
continues tumble

The average price of diesel continues to tumble, landing last week at $3.482 per gallon, a 17.7 cents drop from the week before, according to data from the Department of Energy...

September hurricanes
stagger oil production

With two major hurricanes arriving on the Gulf Coast during the month of September, crude oil production suffered its largest disruption since 2005 when Hurricanes Katrina and Rita struck the region, according to a monthly statistical report from the American Petroleum Institute...

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