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’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Government, Fuel

Diesel Bumps Up 0.2¢ to $5.341 a Gallon

The national average price of diesel remained essentially flat, nudging up two-tenths of a cent to reach $5.341 a gallon, according to Energy Information Administration data released Oct. 24.

October 24, 2022
Business, Technology, Fuel

Hyzon Demonstrates Hydrogen Fuel Cell Electric Truck

SAN DIEGO — Hyzon Motors offered on-road demonstrations of its hydrogen fuel cell electric tractor here at American Trucking Associations’ Management Conference & Exhibition, giving attendees a hands-on experience with its zero-emission technology.

October 24, 2022
Government, Business, Technology, Equipment, Fuel

EV Battery Production Boosted by $2.8 Billion Federal Grant to 20 Companies

Companies in 12 states are receiving $2.8 billion in federal awards to strengthen domestic production of electric vehicle batteries and grid components, part of President Joe Biden’s agenda to boost U.S. manufacturing and accelerate clean energy initiatives.

October 23, 2022
Business, Safety, Fuel

New England May Face a Gas Shortage This Winter

New England is at risk of natural gas shortages this winter amid surging global demand that’s driving up U.S. exports, according to the top federal energy regulator.

October 20, 2022
Business, Technology, Equipment, Fuel

Volvo Reports Record Q3 Truck Deliveries

Volvo Group reported increased revenue and net income in the third quarter as deliveries of trucks rose 21%, with the strongest revenue coming from Europe as fleets replaced aging trucks — prompting a record for both truck production and delivery.

October 20, 2022
Government, Business, Fuel

Biden Says More Oil Releases Possible to Cut Gas Prices

President Joe Biden announced the drawdown of an additional 15 million barrels of oil from U.S. emergency reserves, as well as what he called a “ready and release plan” aimed at driving down gasoline prices.

October 19, 2022
Government, Fuel

White House to Tap Oil Reserve Again Amid High Fuel Prices

The Biden administration is moving toward a release of at least another 10 million to 15 million barrels of oil from the nation’s emergency stockpile in a bid to balance markets and keep gasoline prices from climbing further.

October 18, 2022
Government, Fuel

Diesel Up 11.5¢ to $5.339 a Gallon

The national average price of diesel climbed 11.5 cents to $5.339 a gallon, marking the second straight double-digit increase after five straight weeks of declines, according to Energy Information Administration data released Oct 17.

October 17, 2022
Government, Business, Technology, Fuel

California Forms Statewide Alliance to Apply for Federal Hydrogen Grants

California Gov. Gavin Newsom has established a broad statewide alliance to apply for a stake of $7 billion in federal grants earmarked for national hydrogen hubs rather than forming regional partnerships with other governors.

October 17, 2022
Government, Business, Fuel, Breaking News

Nikola Founder Trevor Milton Guilty of Defrauding Investors

Nikola Corp. founder Trevor Milton was convicted of fraud Oct. 14 for misleading investors in the electric truck company.

October 14, 2022