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Singapore’s first charging and swapping station for big rigs can replace batteries in under five minutes. The entirely automated process can handle 60 trucks a day.

Past two price drops have totaled just 1.2 cents a gallon, according to U.S. Energy Information Administration data released Aug. 5.

The move could lower oil and gasoline prices amid low oil inventories, and follows an OPEC+ decision in July to boost production by 548,000 barrels per day in August.

Iowa biodiesel retailers were awarded the lion’s share of $1.12 million in state grants to boost their biofuel capacity through new and expanded infrastructure projects.

Oil prices slumped as OPEC+ ramped up production.

The EPA's plan this week to relax rules aimed at cleaning up auto tailpipe emissions is the latest Trump administration move to undo incentives for automakers to go electric.

The deal should eventually boost the carmaker’s slowing energy storage business.

The rule had "put the trucking industry on a path to economic ruin and would have crippled our supply chain, disrupted deliveries and raised prices," said ATA President Chris Spear.

John Hess plans to buy back his family’s iconic toy truck business next year from Chevron after the oil giant bought his company this month.

The national average diesel price inched down seven-tenths of a cent to $3.805, stopping a streak of three straight increases, according to the U.S. Energy Information Administration.