OPEC and its allies will stick to their slow pace of oil-production increases, disregarding President Joe Biden’s demand to go faster.
November 4, 2021Fuel 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.
OPEC+ Rejects Biden’s Plea for Bigger Oil-Supply Increase
TravelCenters of America Posts Higher Net Income, Revenue in Q3
TravelCenters of America Inc. saw net income and revenue climb in the third quarter amid strength in nearly all business lines.
November 2, 2021US Says Oil, Gas Sales Damage Climate — But Won’t Stop Them
The Biden administration is planning to sell oil and gas leases on huge tracts of public land in the U.S. West, despite the Interior Department’s conclusion that doing so could cost society billions of dollars in climate change impacts.
November 2, 2021Cummins Posts Q3 Income, Revenue Gains
Cummins Inc. reported strong medium- and heavy-duty engine sales amid global growth, despite moderating demand in China, led to increased net income and revenue in the fiscal third quarter.
November 2, 2021Marathon Petroleum Weighs the Sale of Alaska Refinery
Marathon Petroleum Corp. is weighing a sale of its Kenai refinery in Alaska as the U.S.’ largest independent crude processor seeks to further streamline operations.
November 2, 2021BP Says Oil Demand Is Back Above 100 Million Barrels a Day
As world leaders discuss the fight against climate change, global oil demand has bounced back above the key level of 100 million barrels a day last seen before the COVID-19 pandemic, according to BP Plc.
November 2, 2021Diesel Nudges Up 1.4¢ to $3.727 a Gallon
The national average price for diesel rose 1.4 cents to $3.727 a gallon, according to Energy Information Administration data released Nov. 1.
November 1, 2021Fleet Sustainability: Using Biodiesel to Drive Success
The growth of the sustainability movement is changing the fleet industry. Read this white paper to learn how biodiesel is helping fleets lower their emissions while providing the performance and ROI they need.
November 1, 2021Refiners Are Less Pressed to Shut Down Plants as Fuel Demand Rebounds
After several years of plant closures and conversions to make renewable fuel, the pressure on American refiners to shut down excess capacity is easing as gasoline demand nears pre-pandemic levels and supplies dwindle.
November 1, 2021EV Plan Runs Afoul of USMCA, Canada Parts Chief Warns
President Joe Biden’s proposed incentives for U.S. electric-car buyers could be challenged under the North American trade pact, a Canadian auto industry leader warned.
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