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U.S. natural gas prices tumbled after a fire broke out at a Texas export terminal, threatening to leave supplies of the fuel stranded in shale basins despite surging overseas demand.

The U.S. Department of Energy is pushing itself, academia and industry to come up with ways to make and distribute clean hydrogen at a price low enough to boost it into a starring role as the primary alternative fuel of the future.

Energy Secretary Jennifer Granholm, while opening an annual meeting, revealed that developing hydrogen as a fuel source is a major federal priority, as DOE issued an $8 billion hydrogen hub funding notice.

Gasoline reached $5 a gallon or more in more than a dozen states a week into the peak summer travel season, as stockpiles of the fuel remain tight.

Fleet operators and others in New York are being surveyed in a new website launched by Gov. Kathy Hochul to help the state submit a plan by Aug. 1 to gain federal electric vehicle infrastructure funds.

The national average price of diesel shot up 16.4 cents to settle at a record $5.703 a gallon, according to Energy Information Administration data released June 6.

Solid Power Inc., the battery startup that went public in a reverse merger last year, has begun operating a new pilot line, putting it on pace to deliver sample cells to automotive partners by year-end.

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The U.S. is ordering refiners to boost the use of biofuels such as corn-based ethanol, as the Biden administration tries to strike a balance between competing political and economic pressures while gasoline prices soar.

DETROIT — Ford will add 6,200 factory jobs in Michigan, Missouri and Ohio as it prepares to build more electric vehicles and roll out two redesigned combustion-engine models.