The national average price of a gallon of diesel reached its highest cost in more than seven years, rising 5.5 cents to $3.78, according to Energy Information Administration data released Jan. 24.
January 24, 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.
Diesel Reaches Highest Cost Since 2014
Electric Vehicle Push Unites Warring Oil, Corn Allies
Lawmakers who support the rival petroleum and ethanol industries have joined forces to oppose the Biden administration’s push to electrify the federal vehicle fleet, marking a rare moment of unity between oft-warring interests.
January 24, 2022Paccar Sets Stage for Pure Electric Truck Platform
Paccar is in the initial stages of designing a new Class 8 electric truck platform freed from the constraints of having a diesel powertrain and a complex exhaust system.
January 24, 2022Rush Enterprises Splits Momentum Fuel Technologies With Cummins
Cummins has closed on its acquisition of a 50% equity interest in Momentum Fuel Technologies from Rush Enterprises, the companies announced Jan. 18.
January 24, 2022Cummins, Isuzu to Co-Develop Prototype BEV
Cummins Inc. and Isuzu Motors announced an agreement to create a prototype medium-duty, battery-electric truck to demonstrate in North America.
January 24, 2022Oil Explorers Are Fracking at Breakneck Pace, Fueling Inflation
Shale oil companies are using almost all of the fracking equipment and crews available as exploration expands, accelerating cost inflation and pointing to worsening supply chain disruptions across the industry.
January 24, 2022Oil Demand Nears Pre-Pandemic Levels, Saudi Aramco Says
Demand for oil is nearing pre-COVID levels and producers globally are investing too little in supply, Saudi Aramco said.
January 24, 2022GM to Spend $6.5 Billion on Michigan EV Factories
LANSING, Mich. — General Motors is poised to announce the week of Jan. 24 major electric vehicle investments in Michigan, with plans to spend $6.5 billion and create up to 4,000 new jobs at two plants.
January 21, 2022Affinity Truck Center Gains EV Dealer Status
Affinity Truck Center achieved certified electric vehicle dealer status at its Fresno, Calif., dealership from both Mack Trucks and Volvo Trucks North America, each a brand of Volvo Group.
January 21, 2022Shell Drops ‘Royal Dutch’ From Name After Relocation
Shell Plc has dropped “Royal Dutch†from its name, part of a major overhaul of its legal and tax structure announced in December.
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