Tag

Diesel Fuel

All articles tagged with #diesel fuel

economy11 days ago•21 min saved

Trump's Diesel Tax Deferral Sparks Debate Over Real Savings vs. Political Posturing

President Trump signed an executive order deferring the federal tax on red-dyed diesel through 2026, aiming to lower fuel costs for truckers and farmers. While the White House projects savings of over $100 per fill-up for large vehicles, analysts argue the move is a political gesture that does not address the root causes of high prices, such as geopolitical conflicts. Critics note that the tax is deferred rather than eliminated, creating uncertainty for businesses, and that the fuel is not widely available at truck stops.

via Yahoo Finance|

#diesel-fuel #economy #energy-policy

economy25 days ago

Alabama and Louisiana suspend dyed diesel penalties to ease harvest costs

Alabama Governor Kay Ivey and Louisiana Governor Jeff Landry have issued directives to halt enforcement of penalties for using tax-exempt dyed diesel in highway vehicles. These measures aim to provide immediate financial relief to agricultural and timber sectors facing record-high fuel costs during peak harvest seasons. While Alabama’s 120-day pause takes effect immediately, Louisiana’s emergency order suspends penalties through October 22, with both states seeking federal penalty relief from the IRS.

via WSFA|

#agriculture #alabama #diesel-fuel

energy-and-markets1 month ago

Diesel Hits Record High as Oil Rises Fourth Day on Middle East Tensions

Global oil prices rose for a fourth consecutive session, with Brent crude reaching $95 per barrel, while U.S. diesel fuel approached an all-time high of $4.73 per gallon. The surge is driven by renewed military strikes between the U.S. and Iran, which have disrupted shipping in the Strait of Hormuz. These energy price spikes are pushing government bond yields to multi-year highs and raising inflation concerns across global markets.

via The New York Times|

#bond-yields #diesel-fuel #energy-and-markets

accidents2 years ago•1 min saved

Fiery Ohio Tanker Crash Claims Truck Driver's Life

A truck driver in Ohio died after losing control of his vehicle and crashing a tanker carrying over 7,500 gallons of diesel fuel, which then exploded and burst into flames, leading to the driver's death. Some of the diesel leaked into a nearby river, causing a 60-foot waterfall to briefly catch on fire. Environmental officials are investigating the cause of the crash and assessing the environmental impact.

via WKRC TV Cincinnati|

#accidents #diesel-fuel #environmental-impact

automotive3 years ago•4 min saved

"Identifying Contaminated Citgo Gas as Idalia Approaches"

Gas purchased from Citgo stations supplied by the Port of Tampa in Florida may be contaminated with diesel fuel due to human error. The affected gas stations have been listed, and customers are advised to stop using their vehicles if they suspect diesel in their gas tanks. Diesel fuel can cause damage to the fuel system, pistons, rods, and catalytic converter. Citgo is working to remove the contaminated fuel and offers a reimbursement program for affected customers. Complaints can be filed with the Florida Department of Agriculture and Consumer Services.

via Sarasota Herald-Tribune|

#automotive #citgo #diesel-fuel

rescue3 years ago•1 min saved

Dramatic Rescue: U.S. Coast Guard Saves 5 from Burning Vessel at Pictured Rocks National Lakeshore

The U.S. Coast Guard successfully rescued five people from a burning vessel at Pictured Rocks National Lakeshore in Munising. The crew spotted smoke rising from the vessel during a routine patrol and quickly transferred all passengers to safety. Despite their efforts, the fire could not be extinguished, and the vessel was engulfed in flames. The cause of the fire is unknown, but the passengers reported smelling diesel fuel before the flames appeared. The Coast Guard and National Park Service are monitoring the area for pollution, and the vessel owner is working on a salvage plan with their insurance company.

via Detroit News|

#diesel-fuel #pictured-rocks-national-lakeshore #rescue

environment3 years ago•0 min saved

"Tug Boat Sinks, Causing Diesel Fuel to Wash Up on McFarland Park Shore"

A tugboat sank in the Tennessee River near O'Neil Bridge, releasing between 3,000 and 5,000 gallons of diesel fuel. The fuel is now washing up on the shores of McFarland Park, prompting authorities to evacuate people from the water and clear the park. The cause of the sinking is unknown, and the environmental impact is yet to be determined.

via WHNT News 19|

#diesel-fuel #environment #environmental-impact

disasters3 years ago•5 min saved

Ohio River Barge Incidents Cause Concern for Residents and Officials

A barge caught fire on the Ohio River in Cincinnati, causing a shelter-in-place order to be issued for residents within a half-mile radius. The fire was fueled by 6,000 gallons of diesel fuel and caused thick smoke to billow into the air. Firefighters battled the blaze from both land and water, with the Coast Guard assisting in extinguishing the fire. No injuries have been reported, and officials say there are no known hazardous materials involved in the fire. The shelter-in-place order was lifted just before 7 p.m., but residents can expect to see light smoke throughout the night.

via WLWT Cincinnati|

#barge-fire #cincinnati #diesel-fuel