Welcome to the Fuel Matters Blog

Seattle is making an attempt to move aggressively towards cutting the city emissions.   In September, Mayor Jenny Durkan signed a bill that would tax home heating oil an additional 24 cents per gallon.  This tax would be on top of the existing 10% heating oil tax that currently exists for the residents of Seattle.  This tax will take effect starting during the summer of 2020. 

Since 2010 the number of female truck drivers has increased by 68 percent. While the vast majority of drivers are men, women are often-overlooked candidates who can also excel in these roles. Companies in the trucking industry have struggled to fill open positions, and the problem continues to grow because of high turnover, retirement and increased demand for goods. In 2018, the national trucker shortage was 60,800, by 2028 they are projecting 160,000 open positions within the trucking industry.

We have approximately six weeks left of the 2019 hurricane season as Tropical Storm Nestor landed in Florida over the weekend as a post-tropical cyclone. There was zero impact to areas of the Gulf Coast with most refineries, and for now it looks like the tropics are quiet for the time being.

If you drive the major highways anywhere in the United States, you are certainly aware of toll highways. Tolls not only increase the cost of passenger car trips but also impact the freight cost to transport products by truck throughout the United States. The toll money collected from toll payments helps pay for road maintenance, rest areas, grass mowing, road salting and snow removal (in the northern states). States are rapidly investing in toll booth modernization and the implementation of cashless toll booths, E-Z Pass technology and license plate photos are all ways to reduce toll collection costs and increase the flow of traffic for all vehicles. 

Last week, the Brazilian Federal Audit Court approved an oil auction that covers parts of the pre-salt zone offshore Brazil that was involved in a long dispute between the Brazilian government and Petrobras. The Brazilian pre-salt oil region consist of carbonates found below the salt layer.  It’s oil-rich offshore reserve that is trapped below 2,000 meters of a thick layer of salt, where this layer of salt was deposited on accumulated organic matter, holding it for millions of years until thermochemical processes turned the organic layers into hydrocarbons (oil and natural gas).