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Trucking industry to Biden: Increase domestic oil production now

Mar 12, 2022 at 04:12 PM CST

The American Trucking Associations (ATA) is calling on the Biden administration to take immediate steps to boost domestic energy production as gasoline and diesel fuel prices soar on the heels of Russia’s invasion of Ukraine. However, there was some cause for hope late Thursday as benchmark U.S. crude oil for April delivery fell $2.68 to $106.02 a barrel Thursday. Brent crude for May delivery fell $1.81 to $109.33 a barrel.