Fuelishness! -- The FuelClinic.com Blog

Fuelishness! Feed: Hard to recoup on EV; DOE grants for fuel efficiency programs; Gasoline zips to $3 again; Diesel fuel spike causing trucking trouble

  • Study: Buyers unlikely to recoup extra cost of electric vehicles — As automakers aggressively pursue electric vehicles, a study released today shows the cost targets behind the plans are unlikely to be achieved, making it hard for consumers to recoup the extra cost of buying electric.
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  • Massive DOE grant program aims to boost truck fuel economy — The U.S. Department of Energy (DOE) is spreading $187 million in grants around the truck manufacturing industry to significantly improve fuel efficiency for heavy- and light-duty trucks, all while maintaining current exhaust emission curbs. “Improving the fuel efficiency of heavy trucks can make significant contributions to reducing America’s oil consumption within a short timeframe,” DOE spokesperson Jen Stutsman told FleetOwner. “While heavy-duty vehicles make up only 4% of the vehicles on the road, they account for nearly 20% of the fuel consumed in the U.S.”
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  • Gasoline prices zip toward $3 mark — Gasoline prices on Monday continued their push toward $3 per gallon. The only question now is when? Prices have been jumping on the back of a strong oil market where the cost for a barrel has spiked 20 percent in the past month on the New York Mercantile Exchange.
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  • Trucks at Work Blog – Containing fuel costs — Diesel fuel prices are on a tear all of a sudden – not surprising, given the recent deep freeze across the U.S. Diesel, as we all know, is made from the same petroleum distillate as home heating oil, so when the temperature plummets (like it’s doing now), refineries start cranking out more heating oil at the expense of diesel. Thus, you get a crimp in supply even as demand remains the same – thus, a shortage, and thus (tah-dah!) price increases at the pump.

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