However, a number of major DEF distributors plan to increase DEF prices for tote and bulk supply in the first two weeks of May 2012. Kost USA announcedit will raise prices by 21 cents per gallon on all package sizes starting May 1. This is the result of an upward trend in urea prices, the main raw material for DEF. Tight import supply due to low agriculture inventories and global production issues with various new plant startups are also factors.
The website reports that 26 truckstops added bulk DEF facilities at the pump between March and April, and, at the time of press, discoverDEF.com listed 477 North American DEF pump locations, including five in Canada, and 6,519 retail locations offering packaged DEF.
Fuel and Oil: Related News
5/4/2012 – DEF Prices Steady in March/April, Will Increase In May
The average U.S. diesel exhaust fluid pump price remained at $2.74 per gallon between March and April 2012, after declining by 1 cent between February and March, according to discoverDEF.com….
5/1/2012 – Diesel Drops for Third Straight Week, Oil Falls Due to Europe Concerns
Gasoline and diesel fuel prices dropped again this week, according to the Energy Information Administration’s weekly fuel update. Oil prices fell because of continuing concerns over Europe’s economy.
The average U.S. diesel price fallen for the third straight week. This week, prices dropped by an average of 1.2 cents to $4.073 a gallon. In the past three weeks, the per-gallon price of diesel fuel has dropped a total of 6.3 cents. All regions experienced decreases this week except California, for which prices increased by an average of 1.2 cents….
4/27/2012 – Costco “Hot Fuel” Settlement Approved
In an approved settlement for a lawsuit over hot fuel, Costco Wholesale Corp. has agreed to convert gasoline pumps in some states during the next five years to automatically compensate for expansion in fuel due to changing temperatures, reports the Kansas City Business Journal….
4/26/2012 – “California-Only” Diesel Will Come at High Cost for State, Study Says
Significant job losses will be directly attributable to California Air Resources Board’s fuel policies, says a new study by the California Trucking Association. Goods movement and agriculture sectors will be especially hard hit if the policies are allowed to go into effect as currently designed….
4/25/2012 – $20 Million Available for Clean Diesel Projects
The U.S. Environmental Protection Agency announced the availability of up to $20 million in FY 2012 grant funding to establish clean diesel projects aimed at improving air quality and Americans’ health….
4/25/2012 – Canadian Agency Says Fleets Could Save With Natural Gas
Despite the higher upfront costs for engines that run natural gas, The Conference Board of Canada says that converting fleets to natural gas could produce savings of approximately $150,000 per truck over a 10-year period….
4/24/2012 – Three Midwest Truckstops Join Idle-Reduction Plug-In Power Network
Truckers traveling through Nebraska and Iowa now have three more locations at which they can plug in to grid power instead of idling their engines to run in-cab comfort and convenience appliances….
4/24/2012 – Diesel, Gas Prices Drop; Concerns About Europe Drive Oil Prices Lower
Gasoline and diesel fuel prices fell again this week after modest decreases last week, according to the Energy Information Administration’s weekly fuel update. Concerns over Europe’s economy drove oil prices down this week after reports that government debts keep rising….
4/24/2012 – Waste Management Dedicates Illinois’ Largest CNG Fueling Facility
Waste Management of Illinois has dedicated the state’s largest commercial compressed natural gas fueling facility in Stickney, Ill….
4/20/2012 – Three More Companies Settle in ‘Hot Fuel’ Suits
Three companies, Walmart (and its Sam’s Club subsidiary), Valero Energy Corp. and Casey’s General Stores have joined the ranks of businesses settling “hot fuel” lawsuits, reports the Kansas City Star….
4/19/2012 – Clean Energy Partners with Waste Pro USA for New CNG Station
Clean Energy Fuels Corp. has contracted with major Southeast U.S. solid waste collection, recycling and disposal company Waste Pro USA to build, operate and maintain a new compressed natural gas fueling station on Waste Pro property in Fort Pierce, Fla….
4/18/2012 – President Calls for Measures to Address Oil Speculation
President Barack Obama proposed new measures Tuesday to address oil market manipulation, calling on lawmakers to increase penalties on those involved in manipulative practices and for increased funding for the agency that’s supposed to police the markets….
4/17/2012 – Diesel Drops the Most Since 2011, Oil Prices Fall After Iran Meeting
This week, fleet operators will get some relief as diesel and gas prices drop. Oil prices also fell this week due to easing tensions over Iran….
4/16/2012 – Industry Stays Focused on Efficiency as Fuel Costs Rise
With fuel costs rising and a driver shortage creeping up, fleets are still doing all they can to get the most miles out of their trucks, say truckstop executives….
4/11/2012 – Diesel to Average $4.21 This Summer; Crude to Average $112
Diesel fuel prices, which averaged $3.94 per gallon last summer, are projected to average $4.21 per gallon this summer, according to the Energy Information Administration’s Short-Term Outlook….
4/10/2012 – Love’s Says Bulk DEF Rollout Hits Halfway Point
Love’s Travel Stops is now offering bulk DEF at more than half of its travel stop locations across the country and says it’s on track to have bulk DEF available at all travel stops by the end of the year….
4/10/2012 – Diesel Back on the Rise, Oil at Seven-week Low
Last week’s diesel price decrease was short-lived as the average price rose by 0.6 cents per gallon this week to $4.148 per gallon, while the price of gasoline stayed nearly the same. However, crude-oil futures ended at a seven-week low Monday….
4/9/2012 – Three Major Oil Companies Settle in “Hot Fuel” Lawsuit
BP Products North America Inc., ConocoPhillips Co. and Shell Oil Products US have agreed to settle lawsuits accusing the oil companies of profiting from “hot fuel,” gasoline or diesel fuel for which price has not been adjusted for temperature….