The standards for fuel economy and efficiency continue to rise in our world. Automakers are continually asked to increase MPG and reduce carbon dioxide emissions when building their vehicles. We have seen the transition in passenger cars. Hybrid cars such as the Toyota Prius, Honda Insight and Ford Fusion have become plentiful. Electric cars such as the Tesla Model S, Chevrolet Volt and Nissan Leaf continue to pop up on the road. So when will we see this transition in the trucking industry?
June was a particularly volatile month for crude oil prices. However, the closing price for the month settled slightly below where the month started. The following graph displays the daily volatility: