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.

GovernmentBusinessFuel

Oil Industry Says Granholm Meeting Sends 鈥楶ositive Signal鈥

WASHINGTON 鈥 A meeting with Energy Secretary Jennifer Granholm to discuss lowering gas prices and boosting domestic oil supplies was constructive, but did not produce a major breakthrough, groups representing the oil industry and refiners said June 23.

June 23, 2022
GovernmentBusinessFuel

EIA Network Issues Delay Fuel Price Release

The U.S. Energy Information Administration has had to delay its reporting of fuel prices for the week of June 20.

June 23, 2022
GovernmentBusinessFuel

Stakeholders, Senior Lawmakers Oppose Gas Tax Holiday

Prominent transportation stakeholders and key congressional lawmakers pushed back on President Joe Biden鈥檚 call to temporarily suspend the federal gas tax.

June 23, 2022
GovernmentBusinessFuel

Gas Tax Holiday Would Increase Prices, Hess CEO Says

President Joe Biden鈥檚 plan to suspend the federal gasoline tax would only make things worse for U.S. drivers, one industry CEO said ahead of a meeting in Washington between oil executives and administration officials.

June 23, 2022
GovernmentBusinessTechnologyFuel

Electric Vehicle Working Group Seeks Members by July 15

Nominations of truckers, local officials, regulators, labor union members and vehicle manufacturers are being sought by July 15 to serve on a new electric vehicle federal advisory group under the Joint Office of Energy and Transportation.

June 23, 2022
BusinessTechnologyFuelAutonomous

CATL Unveils EV Battery With Longer Range

Contemporary Amperex Technology Co. Ltd. unveiled an electric car battery it said has a range of over 620 miles (1,000 kilometers) on a single charge and is 13% more powerful than one planned by Tesla Inc., a major customer.

June 23, 2022
BusinessTechnologyEquipmentFuel

Biden Calls for Three-Month Suspension of Gas, Diesel Taxes

WASHINGTON 鈥 President Joe Biden on June 22 called on Congress to suspend federal gasoline and diesel taxes for three months 鈥 an election-year move meant to ease financial pressures that was greeted with doubts by many lawmakers.

June 22, 2022
BusinessFuelAutonomous

Elon Musk Says New Tesla Plants Are Losing Billions

Elon Musk said Tesla Inc.鈥檚 new plants in Germany and Texas are losing 鈥渂illions of dollars鈥 as the electric vehicle maker tries to ramp up production.

June 22, 2022
GovernmentBusinessFuel

Trevor Milton Indicted on New Fraud Charge

Nikola Corp. founder Trevor Milton, who is scheduled to go on trial next month on charges he misled investors about the company鈥檚 business prospects, was indicted for allegedly defrauding the previous owner of his Utah ranch, which Milton used as collateral for his bail.

June 22, 2022
BusinessTechnologyFuel

Nikola Asks Shareholders to Approve Big Jump in Outstanding Shares

Truck maker Nikola Corp. is hoping to gain shareholder approval at its annual meeting for the company鈥檚 proposal to increase the number of shares outstanding and thus raise more money by selling equity.

June 22, 2022