United States Diesel Market Outlook

United States Diesel Market Outlook

As of November 3, 2023, diesel fuel averages $4.45 per gallon, down from $5.17 in September 2022 but higher than the 2019 average of $3.06. Impact on Transportation Costs and Broker Fees High diesel costs are increasing transportation expenses.Motor carriers pass...
Diesel Market Outlook in the United States

Diesel Market Outlook in the United States

The latest Short-Term Energy Outlook predicts a decline in retail gasoline and diesel prices in 2023 and 2024 after reaching multiyear highs in the first half of 2022. Regular-grade gasoline prices are expected to average $3.32/gal in 2023 and $3.09/gal in 2024, while...
Tire Market Trends in the United States

Tire Market Trends in the United States

A core aspect of trucking company profitability comes down to tire prices and replacement intervals. The tire industry often gets overlooked as a factor to consider, but for large fleets, statistics can be an important benchmark for predicting operating cost. This...
Water Hauling Market in the Permian Basin

Water Hauling Market in the Permian Basin

The US oilfield water management market is valued at around $37.5 billion. In the Permian Basin, the forecasted water production volume is somewhere between 32 and 55 million barrels of produced water per day by 2025 (up from four million per day currently). The...