Fuel News

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today鈥檚 fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

BusinessTechnologyEquipmentFuel

Geely: All Options Open on Volvo Stake After Daimler Sale

Volvo AB鈥檚 second-largest shareholder, Geely, said while it鈥檚 not currently planning any changes to its position, 鈥渁nything is possible鈥 in the future.

April 4, 2023
GovernmentBusinessFuel

Diesel Down to $4.105 Following Ninth Straight Decline

The national average price for diesel fell for a ninth consecutive week, slipping 2.3 cents to $4.105 a gallon, according to data released April 3 by the Energy Information Administration.

April 3, 2023
GovernmentBusinessEquipmentFuel

EV Tax Credit Rules Leave Carmakers in the Dark 鈥 Again

Automakers who are waiting for the U.S. Treasury Department to help them figure out which of their cars are eligible for lucrative electric-vehicle tax credits will have to keep waiting.

April 3, 2023
GovernmentBusinessFuel

Oil Surges After OPEC+鈥檚 Shocking Production Cut

Oil rallied the most in more than a year after OPEC+ unexpectedly announced output cuts that threaten to tighten the market and deliver a fresh inflationary jolt to the world economy.

April 3, 2023
GovernmentBusinessEquipmentFuelBreaking News

EPA OKs California Rules Phasing Out New Diesel Trucks

The聽U.S. Environmental Protection Agency聽has granted California environmental regulators waivers to officially move forward with the agency鈥檚 aggressive plans to transition diesel trucks to electric vehicles and expand the length of truck warranties.

March 31, 2023
GovernmentBusinessTechnologyEquipmentFuel

Tesla Pursues US Battery Plant With China鈥檚 CATL

Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China鈥檚 dominant electric vehicle battery manufacturer.

March 30, 2023
BusinessTechnologyEquipmentFuelTCA

How a Georgia Plant Helps Solve a Huge EV Supply Chain Kink

COVINGTON, Ga. 鈥斅燗scend Elements takes spent lithium-ion batteries and scrap from EV battery makers and grinds them to dust, salvaging minerals for reuse in new EV power sources.

March 30, 2023
GovernmentBusinessSafetyFuel

House GOP OKs Broad Bill to 鈥楿nleash鈥 American Energy

WASHINGTON 鈥 House Republicans on March 30 approved a sprawling energy package that seeks to undo virtually all of President Joe Biden鈥檚 agenda to address climate change.

March 30, 2023
GovernmentBusinessFuel

The World鈥檚 Most Important Oil Price Is About to Change

The world鈥檚 most important oil price is about to be transformed, allowing crude supplies from West Texas to help determine the price of millions of barrels a day of petroleum transactions.

March 30, 2023
GovernmentBusinessSafetyFuelLogistics

BNSF Train Derailment in Minnesota Prompts Evacuations

A train hauling ethanol and corn syrup derailed and caught fire in Minnesota early March 30, and nearby residents were ordered to evacuate their homes, authorities said.

March 30, 2023