A Houston man was charged with aggravated robbery Thursday in the brazen theft of a tractor trailer hauling more than 7,000 gallons of diesel fuel.
Police said Kenneth O’Brian Payne, 38, hijacked the tanker truck about 3 a.m. Monday soon after the driver finished topping off the load of fuel.
HPD investigators arrested him about 3 p.m. Wednesday at a home in the 5300 block of Lelia, police said.
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The high cost of diesel has put Atlantic Canada’s trucking industry between a rock and a hard place. Industry executive Shane Esson more aptly describes it as being in survival mode.
Skyrocketing diesel prices have put several Atlantic companies in a precarious financial position and any short-term relief is not on the horizon.
Diesel prices have increased as much as 50 per cent in the past year and trucking companies are paying in excess of $20,000 a year more per truck for fuel over last year.
“There are a lot of carriers who are right now operating at a loss,” says Mr. Esson, general manager of Keltic Transportation of Moncton. And if there are any companies making money, it’s very minimal, he says.
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While Indian public sector oil refiners have been importing diesel to meet the rising domestic demand, the private sector major Reliance Industries Ltd (RIL), which enjoys export-oriented unit (EOU) status, has been exporting the product from its Jamnagar refinery.
The surge in diesel consumption saw imports soaring more than nine times to 2,88,600 tonnes in March. The total for the year 2007-08 at 2.93 million tonnes (mt) was more than double that of the previous year. Apart from PSU refiners, domestically diesel is also procured from Essar Oil with IOC buying over 1 mt a year from the company’s Vadinar refinery. The PSU refiners are not exporting any diesel.
Overall, Indian refiners exported 17 per cent more petroleum products in 2007-08 at 39.32 mt than the previous year, with two-thirds of it being exported by private refiners. Diesel constituted over 36 per cent of the total exports. Other drivers of exports were naphtha, petrol, and ATF. In March, exports grew 8.5 per cent to 3.36 mt.
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Neste Green diesel suitable for all diesel engines, contains at least 10% renewable fuel
A pioneer in the renewable fuel business, Neste Oil, has commercially launched a unique renewable diesel, the Neste Green diesel, in Finland. Neste Oil is the first company in the world to bring out a renewable diesel that suits all diesel motors.
Neste Oil guarantees that Neste Green diesel contains at least 10% renewable fuel in the form of Neste Oil’s unique NExBTL component. Using the NExBTL component improves the air quality in cities due to reduced particle emissions and reduces also greenhouse gas emissions significantly. Neste Green diesel will first become available in the metropolitan region around Helsinki after which distribution will be extended to other parts of Finland on a phased basis.
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Haulage company staff are taking their lorries to London to protest against “the rocketing price of diesel”.
The protest will begin at the Medway Services on the M2 in Kent and will end with a rally in Park Lane in central London.
Organisers of the protest hope that hundreds of people will take part.
A delegation from the protest will hand in a symbolic coffin to the Houses of Parliament. The delegation will be received by Derek Wyatt, Labour MP for the Kent constituency of Sittingbourne and Sheppey.
A new diesel biofuel derived from sugarcane is to be launched in Brazil after an accidental discovery made while researching malaria cures, the US and Brazilian companies producing it said Wednesday.
John Melo, the head of the US company Amyris involved, explained that one of his bio-engineers stumbled on the process while working on the Artemisia anti-malaria medicine.
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