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Fuel Supply, Fleet Fueling, Logistics News & Information
July 2017 Issue

API: Oil and Natural Gas Drilling Sees 62% Increase Over 2016 Levels

July 13, 2017

The American Petroleum Institute (API) announced that estimated total wells drilled and completed in the second quarter of 2017 increased 62% compared to the...

Retail Price of Regular Gasoline Forecast to Average $2.38 Per Gallon This Summer

July 17, 2017

Principal Contributors: Sean Hill and Neil Agarwal   Source: U.S. Energy Information Administration, Short-Term Energy Outlook...

  • Fuel Marketer and Fleet Operator Profile: Dennis K. Burke

    July 17, 2017

    By Maura Keller   When you start a business from scratch, you are on your own. Your survival in the business world depends solely on your persistence, organization and know-how. Dennis K. Burke, Inc. (“D.K. Burke”) was founded in South Boston in 1961 by Dennis Burke. His brother, Ed Burke, joined him in running the ...

  • Vendor View: Cap Your Diesel Fuel Costs for 2018

    July 10, 2017

    By Darren Dohme   In the last six months, crude oil prices have dropped from over $55 dollars per barrel on January 3, 2017, down to near $42 dollars per barrel on June 21. That’s a 24% drop in the price of oil. Diesel fuel futures have dropped about the same percentage. You can hardly understand ...

  • National Survey Indicates Six in Ten U.S. Businesses Are Struggling with Working Capital...

    June 30, 2017

    More small and medium-sized U.S. businesses report working capital challenges in the last three months than during any other period in the last five years, according to new results from the second quarter 2017 Private Capital Access (PCA) Index report from Dun & Bradstreet and Pepperdine Graziadio School of Business and Management.   The Q2 PCA ...

  • Is Customer Service Hurting or Helping Your Business?

    June 26, 2017

    By Ann Pitts   Customer service issues have become a trending topic lately, and it’s generally reported that the level of customer service delivered today is suffering greatly. News media has recently headlined the airline industry, but that’s just the tip of the iceberg. From airlines to hotels to retail to service providing fleet operators, ...

  • Policy Brief: Trump Pulls the Plug on Paris

    June 20, 2017

    By Keith Reid   On June 1, President Donald Trump announced that America was going to pull out of the Paris climate accord, which had been agreed to by the Obama administration at the COP 21 meeting in 2015. The announcement was not particularly surprising given Trump’s campaign statements, which have been reinforced by his ...

  • Seeing Beyond the Road Ahead

    June 12, 2017

    By Cheryl Garcia, Head of Global Freight Payment Relationship Management, U.S. Bank   (Note: This article previously ran in the American Trucking Associations’ Business of Trucking eNewsletter)   “In the business world, the rearview mirror is always clearer than the windshield.”—Warren Buffett   Looking back, how often do we find ourselves saying, “We should have seen that coming?” ...

Weekly Energy Market Situation, July 17, 2017

July 17, 2017

The Focus Shifts to Accelerating Demand Petroleum prices rebound despite growth in U.S. and Saudi Arabian production Global demand responds to lower prices...

EIA Gasoline and Diesel Retail Prices Update (Week Ended July 17, 2017)

July 18, 2017

Analysis by Dr. Nancy Yamaguchi   The Energy Information Administration (EIA) released its weekly data on diesel and gasoline retail prices for the week...

CDL Ban in Proposed Legislation Singles Out Truckers in Global Crime of Human Trafficking

July 17, 2017

The Owner-Operator Independent Drivers Association (OOIDA) supports efforts to combat human trafficking, but opposes the recently proposed S. 1532 legislation,...

Weekly Price Review: July 21, 2017

July 21, 2017

Analysis by Dr. Nancy Yamaguchi   Crude oil traded in a relatively narrow range this week, opening higher on two days and lower on three. West Texas...

EIA: Brent and WTI Crude Oil Prices Expected to Average About $50/b Through 2018

July 13, 2017

Principal Contributors: Matt French and Hannah Breul     The U.S. Energy Information Administration (EIA) now forecasts Brent crude oil spot prices...

FMCSA Announces ELD Implementation National Tour

July 11, 2017

The U.S. Department of Transportation’s (DOT’s) Federal Motor Carrier Safety Administration (FMCSA) announced its electronic logging device (ELD)...