The U.S. is exporting more diesel than it has in years as buyers in Europe and Latin America vie to secure supplies that have tightened since Russia’s invasion of Ukraine.
March 28, 2022Fuel 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.
US Exports More Diesel as Global Shortage Fuels Competition
Volta Stock Plunges After Founders Resign
Shares of Volta Inc. plunged to all-time lows after the electric vehicle charging company announced the abrupt departures of two of its top executives, both of them founders of the firm.
March 28, 2022Tesla to Seek Approval for Another Stock Split
Tesla Inc. gained in early trading March 28 after the carmaker said it plans to seek shareholder approval for a move that would enable its second stock split in roughly two years.
March 28, 2022US Considers New Oil Release From Strategic Reserve
The U.S. is considering another release of oil from its emergency reserves as prices continue to surge after Russia’s invasion of Ukraine, people familiar with the matter said March 25.
March 25, 2022Stellantis Announces Hurricane ICE Line
In a nod to the uncertain road ahead for electric vehicle adoption, Stellantis announced an all-new internal-combustion engine line March 25, even as the automaker targets 50% EV sales in the U.S. by 2030.
March 25, 2022USPS Doubles EV Order From Oshkosh
The U.S. Postal Service announced March 24 it ordered more than 10,000 new electric delivery trucks, up from the 5,000 the agency had initially planned to purchase.
March 24, 2022Four States Sign Pact to Develop Hydrogen Hub
New York, New Jersey, Massachusetts and Connecticut agreed to work with about 40 clean power companies, utilities and universities to create plans for a regional hydrogen hub as part of a push to curb greenhouse gas emissions.
March 24, 2022Trucking Sees Little Benefit to Diesel Tax Relief Plans
A move by states to soothe the sting of soaring fuel prices by temporarily suspending diesel fuel taxes has some unlikely opponents: truckers, the very people it’s supposed to help.
March 24, 2022States Seek to Ease Inflation Burden With Direct Payments
PORTLAND, Maine — With inflation raging and state coffers flush with cash, governors and lawmakers across the U.S. are considering a relatively simple solution to help ease the pain people are feeling at the gas pump and grocery store — sending money.
March 24, 2022Newsom Offers California Car Owners $400 Rebates, Partial Gas Tax Pause
California Gov. Gavin Newsom would send car owners $400 debit cards and partially pause gasoline taxes to address high gas prices, he said March 23.
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