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.

GovernmentBusinessTechnologyEquipmentFuel

GM Venture Starts Building Battery Cells at New Ohio Factory

DETROIT — General Motors said Aug. 31 that a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits.

August 31, 2022
BusinessTechnologyFuel

Toyota Invests in EV Battery Production in US, Japan

TOKYO — Toyota is investing $5.6 billion in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Aug. 31.

August 31, 2022
BusinessTechnologyFuel

Nikola Announces Leadership Changes, Moves Ahead With Acquisition of Romeo Power

Nikola Corp. made announcements regarding leadership changes and its proceeding with acquiring an energy-storage technology company.

August 30, 2022
GovernmentFuel

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
BusinessTechnologyEquipmentFuel

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
GovernmentBusinessEquipmentFuel

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
GovernmentBusinessFuel

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
BusinessTechnologyFuel

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
GovernmentBusinessFuel

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
GovernmentBusinessFuel

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