Speed Limiters: Two Sides of the Same Coin

Posted by PS Energy Group on Feb 21, 2017 10:00:00 AM


It seems that when there is a proposed rule or regulation affecting the trucking industry, there is a great amount of buzz and often two sides vehemently opposed. 

The proposed rule by the U.S. Department of Transportation regarding mandatory speed limiters on heavy trucks is no exception. In one corner you have the industry’s largest trade group, American Trucking Associations (ATA) in favor of the rule which mandates that heavy trucks—weighing more than 26,000 pounds—be fitted with electronic devices that would limit top speeds to no higher than 65 mph. They argue that reducing and regulating truck speed via the device would decrease the number of collisions on U.S. roads.

Read More

Tags: Fleet Management, Industry News & Reports

2016 Energy Performance RoundUp and What to Look for in 2017

Posted by PS Energy Group on Jan 17, 2017 9:43:42 AM

The last three months for the energy sector were nothing short of impressive. Rebounding from a 36.59% decline in 2014 and a 25.14% fall in 2015, the sector was up 2.37% the first three months of 2016, had a 24.06% surge in Q2, a 1.44% loss in Q3 and a 14.67% gain in Q4.

Crude oil is still close to half the price it was in June 2014 and overall, all energy commodities with the exception of ethanol, posted double-digit gains in Q4 and finished 2016 on a strong note—up 42.57% from December 31, 2015.

 

Read More

Tags: Industry News & Reports

Decline of Diesel Fuel Trucks

Posted by PS Energy Group on Sep 13, 2016 10:00:00 AM

As the saying goes, there are two sides to every story. And when the story in question is diesel fuel trucks, that saying couldn’t ring more true. Lately there’s been a lot of diesel buzz in the air and what it’s all about—when it’s not about Volkswagen—is the impending decline of the diesel fuel truck—or not.

Read More

Tags: Industry News & Reports

New Diesel Engine Oil Standards

Posted by PS Energy Group on Apr 26, 2016 9:59:31 AM

It’s not too early to start thinking ahead to December 1, 2016. Not because it’s both National Pie Day and Bifocals at the Monitor Liberation Day, but because December 1st is when the American Petroleum Institute’s (API) two new diesel engine oil standards—API Service Categories CK-4 and FA-4—will first appear in the API Service Symbol donut.

Eventually replacing the current CJ-4 oils, the API is now preparing to license engine oil against these new standards. The delay in licensing until December gives marketers time to test their new formulations and have them ready for market.

 

Read More

Tags: Industry News & Reports

Energy Sector Q4 Performance Report

Posted by PS Energy Group on Feb 25, 2016 8:00:00 AM

Repeating its lackluster performance of Q3, the energy sector was the worst performing sector of Q4 with a composite of energy commodities falling just above 15%. Prices were affected by supply and demand. An excess supply and decreasing demand in Q4 crude oil, oil products and natural gas prices spiraled downward to over a 25% drop by year-end 2015. This represented more than a 50% price drop over the past two years.

Crude Oil

The most volatile commodity for the last two years, crude oil continued its downward slide from Q3 with NYMEX light sweet crude falling 17.85% in Q4 with increasing supplies a concern.

Read More

Tags: Industry News & Reports

The 2015 Fuel Market Review

Posted by PS Energy Group on Jan 26, 2016 4:08:11 PM

Just as in 2014, the energy sector was the worst performing sector of 2015, with low prices tumbling even further. It got ugly with crude oil markets reaching new lows and natural gas prices falling to lows not seen in 15 years. Large inventories, weakened demand, geopolitical events, economic pressures and warmer temperatures pressured prices throughout the year with Q2 a bright spot and energy the best performing sector.

Read More

Tags: Industry News & Reports

Energy Sector Q3 Performance Report

Posted by PS Energy Group on Dec 17, 2015 9:00:00 AM

small_oil_drop.jpgThe best performing sector overall in Q2, the energy sector was the worst performing sector in Q3 with energy commodities falling 19.31% and gasoline the worst performing commodity. With prices affected by excess supply, weakened demand, economic concerns, geopolitical events and seasonal trends, the energy sector to date is the most volatile commodity sector of 2015, with activity from January through September adding to the previous 36.59% losses of 2014.

Read More

Tags: Industry News & Reports

Q2 Report on Energy Prices

Posted by PS Energy Group on Aug 25, 2015 9:39:00 AM

PetrolIndustry_web.jpgThe worst performing commodity sector of 2014 due to the swoon in crude oil, oil products and natural gas prices, the energy sector as a whole strongly rebounded and was the best performing sector of Q2. With the bullish performance a result of the correction and consolidation in the US dollar, geopolitical tensions and the low price levels in the winter of 2014, a composite of energy commodities rose 13.81% in Q2, making it the strongest commodity sector in the futures market.

Read More

Tags: Industry News & Reports

SUBSCRIBE TO OUR BLOG

FOLLOW US

Download Brochure

psenergy_brochure

Learn how our expertise in fuel delivery, emergency fueling and fuel management keeps businesses running at peak capacity.

Download Now

LATEST POSTS: