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 Surges 20.6¢ to $5.115 a Gallon

Diesel’s nine-week run of declines abruptly ended as trucking’s main fuel rose 20.6 cents a gallon to put the national average cost back over $5, according to Energy Information Administration data released Aug. 29.

August 29, 2022
Business, Technology, Equipment, Fuel

West Michigan International Adds State's First Public Fast Charger

West Michigan International announced the grand opening of Michigan’s first public electric commercial vehicle charging station at its Kalamazoo location.

August 29, 2022
Government, Business, Equipment, Fuel

N.J. Gasoline Tax to Drop 1 Cent on Better-Than-Forecast Demand

New Jersey is cutting an automotive fuel tax by 1 cent per gallon after consumer demand was higher than projected, state Treasurer Elizabeth Muoio announced.

August 29, 2022
Government, Business, Fuel

Diesel Supply Below Average in Northeast

PORTLAND, Maine — Diesel and heating oil supplies in the Northeast are more than 50% below the recent average, raising concerns that an extreme weather event could cause supply disruptions, federal officials said.

August 29, 2022
Business, Technology, Fuel

LG-Honda Joint Venture to Make EV Batteries

TOKYO — Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies said Aug. 29.

August 29, 2022
Government, Business, Fuel

Biden Administration Urges Fuel Export Cuts to Restock Northeast

The Biden administration is warning refiners that it may take “emergency measures” to address fuel exports as stockpiles of gasoline and diesel fuel remain near historically low levels in the Northeast.

August 26, 2022
Government, Business, Fuel

Diesel Pinch Looms as World Seeks Relief From Pricey Natural Gas

The global diesel market looks set to get even tighter as power generators and industrial users seek relief from surging natural gas prices.

August 26, 2022
Business, Technology, Equipment, Fuel

Hyliion Acquires Generator Technology From GE Additive for $37 Million

Hyliion Holdings Corp., a provider of electrified powertrain solutions for Class 8 semi-trucks, announced it entered into a definitive agreement to acquire a new fuel-agnostic generator, the Karno, from GE Additive, a unit of GE.

August 26, 2022
Business, Technology, Equipment, Fuel

California Moves Toward Phasing Out New Gas-Fueled Vehicles

SACRAMENTO, Calif. — California plans to require all new cars, trucks and SUVs to run on electricity or hydrogen by 2035 under a policy approved Aug. 25 by regulators that seeks a dramatic cut in carbon emissions and an eventual end to gasoline-powered vehicles.

August 25, 2022
Business, Technology, Fuel

Tesla Split Will Struggle to Feed $280 Billion Rally

After a $280 billion rally since late May, Tesla Inc. is using a trusted method for fueling further gains — a stock split. It may not pan out like that.

August 25, 2022