AAA Daily Fuel Gauge Report for Friday, 3/7/25
National Average Price for Regular Unleaded Current: $3.106; Month Ago: $3.141; Year Ago: $3.397. National Average Price for Diesel Current: $3.645; Month Ago: $3.667; Year Ago: $4.058.
https://gasprices.aaa.com/
Related Posts
The EU has agreed US commodities pose “negligible risk” to global deforestation
The United States and European Union have penned a framework agreement on transatlantic trade in which they agree US commodities including cattle, soy and wood pose zero deforestation risk.
The US has been assigned a "low risk" status along with EU states. A new "neglibible status" is being discussed in Europe. If this status come in to being than the US would seek this status.
A product is considered "neglible risk" when due diligence processes find there is no cause for deforestation concern.
ATA Truck Tonnage Index Contracted 1.1% in December
“For the first time since March and April truck tonnage contracted for two consecutive months,” said ATA Chief Economist Bob Costello. “Tonnage fell 1.8% in November, bringing the two-month total decrease to 2.9%, pushing tonnage to its lowest level since January 2024. Sluggishness in factory output continues to weigh on freight volumes, but another drag on the index has been fleet growth at private carriers, which is holding back how much freight is flowing to for-hire carriers.” In December, the ATA advanced seasonally adjusted For-Hire Truck Tonnage Index equaled 111.3 compared with 112.6 in November. The index, which is based on 2015 as 100, was down 3.2% from the same month last year. The not seasonally adjusted index, which calculates raw changes in tonnage hauled, equaled 108.8 in December, 0.9% below November. The seasonally adjusted decrease follows a sequential 1.8% drop in November, which was revised up from the December 24 press release.