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.

BusinessTechnologyFuelAutonomous

Tesla Q1 Earnings 7 Times More Than Year Ago

DETROIT 鈥 Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.

April 20, 2022
GovernmentBusinessTechnologyFuel

Foes Blast Rivian EV Plant at Georgia Meeting

MONROE, Ga. 鈥 Opponents trying to derail a $5 billion, 7,500-job Rivian electric truck plant in Georgia dominated a state meeting April 18 that was meant to gather suggestions on how to design the plant to mitigate any impact on the environment.

April 20, 2022
BusinessFuel

Green Diesel Is Suddenly a Booming Business

Climate-friendly diesel produced from animal fats and cooking oils is suddenly a booming business as fossil-fuel giants such as Exxon Mobil Corp. and Chevron Corp. race to cut their emissions and take advantage of incentives.

April 20, 2022
BusinessFuel

Gulf Coast Diesel Exports Soar on Wartime Shortage

Russia鈥檚 invasion of Ukraine has set off a global scramble for diesel, prompting buyers around the world to snap up massive volumes of fuel from the U.S. Gulf Coast despite high prices.

April 19, 2022
BusinessTechnologyFuelLogisticsAutonomous

Walmart Will Run Forklifts on 鈥楪reen鈥 Hydrogen in Plug Power Deal

Plug Power Inc.鈥檚 bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company鈥檚 oldest customers: Walmart Inc.

April 19, 2022
GovernmentFuel

Diesel Bumps Up 2.8垄 to $5.101 a Gallon

The national average price for diesel resumed its upward course, rising 2.8 cents to $5.101 a gallon, according to Energy Information Administration data released April 18.

April 18, 2022
BusinessFuelAutonomous

Twitter Adopts 鈥楶oison Pill鈥 Defense in Musk Takeover Bid

PROVIDENCE, R.I. 鈥 Twitter said April 15 that its board of directors has unanimously adopted a 鈥減oison pill鈥 defense in response to Tesla CEO Elon Musk鈥檚 proposal to buy the company for more than $43 billion and take it private.

April 15, 2022
GovernmentBusinessTechnologyEquipmentFuel

Trucking Stakeholders Offer Advice, Caution on EPA Proposal

The trucking industry urged federal regulators to consider how a proposal to tighten emissions limits on engines will affect motor carriers, as they鈥檙e the ones who will ultimately deploy the equipment subject to the new rules.

April 15, 2022
BusinessTechnologyFuelAutonomous

Elon Musk Makes $43 Billion Bid to Take Twitter Private

Elon Musk has made a controversial offer to buy Twitter Inc., saying the company has extraordinary potential and he is the person to unlock it.

April 14, 2022
GovernmentBusinessFuel

US Export Bank Approves Plan Seen as Boost for LNG Exporters

The U.S. Export-Import Bank approved a plan April 14 that could yield a flood of financing for U.S. energy ventures, including wind and solar projects, battery manufacturing and terminals to sell LNG overseas.

April 14, 2022