Category: CDL Drivers

Diesel, Lumber, And Staffing News – January 29, 2019

Diesel Prices National Average Diesel Price Per Gallon: $2.97 Analysts fear the political crisis in Venezuela will cause wild swings in oil prices. According to John Kilduff of Again Capital Management, Washington and Caracas have a “symbiotic relationship.” The U.S. has five oil refineries on the Gulf coast that are “heavily reliant” on Venezuelan crude. President Trump …

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Diesel, Lumber, And Staffing News – January 23, 2019

        National Average Diesel Price Per Gallon: $2.96 According to the International Energy Agency (IEA), the U.S. is on track to remain the world’s top crude producer in 2019. “While the other two giants [Saudi Arabia and Russia] voluntarily cut output, the U.S., already the biggest liquids supplier, will reinforce its leadership …

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Diesel, Lumber, And Staffing News – January 15, 2019

        National Average Diesel Price Per Gallon: $2.98 OPEC Secretary General Mohammed Barkindo has expressed concern over the effect of the U.S.-China trade war on market growth in Asia. “Any measures that may impact or constrain trade may likely impact on growth and by extension on demand for energy,” he said. China is …

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Diesel, Lumber, And Staffing News – January 8, 2019

        National Average Diesel Price Per Gallon: $3.01 Fears over crude oil oversupply have lowered analysts’ price expectations for 2019. Goldman Sachs downgraded its expectations for the Brent Crude average from a previous forecast of $70 to $62.50. The West Texas Intermediate benchmark also fell, from $64.50 to $55.50. “We expect that …

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