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.

Government, Business, Technology, Fuel, Logistics

Workhorse Says It Didn’t Get a Fair Shot at USPS Van Award

The U.S. Postal Service didn’t give Workhorse Group Inc. a fair shot at a contract worth as much as $6 billion to build mail delivery vans, the maker of electric vehicles said in its challenge of the service’s decision to award the work to Oshkosh Corp.

June 30, 2021
Business, Technology, Fuel

Cummins to Acquire 50% of Momentum Fuel Technologies

Engine maker Cummins Inc. announced it signed a letter of intent to acquire a 50% equity interest in Momentum Fuel Technologies, a provider of compressed natural gas fuel systems, from truck dealership Rush Enterprises Inc.

June 30, 2021
Business, Technology, Fuel, Autonomous

Xos Delivers Test Vehicles to UniFirst

Xos Inc., a Los Angeles-based manufacturer of fully electric Classes 5-8 commercial vehicles, announced it signed an agreement to deliver three Xos electric step vans to UniFirst Corp. in a test program with potential for additional vehicle purchases for use across the United States.

June 29, 2021
Government, Business, Fuel

Diesel Hits $3.30 a Gallon After 1.3¢ Climb

The national average price of diesel increased for the ninth consecutive week June 28 when it climbed 1.3 cents to reach $3.30 a gallon, the Energy Information Administration reported.

June 28, 2021
Business, Fuel

Baker Hughes Takes a Stake in Synthetic Natural Gas Startup

Baker Hughes is taking a 15% stake in a startup that aims to produce natural gas from hydrogen and carbon dioxide, the oil field service company’s latest move to invest in technology designed to capture emissions.

June 28, 2021
Government, Business, Technology, Safety, Fuel, Autonomous

Tesla Dealt Big Blow as Almost All Cars in China Need Safety Fix

Tesla Inc.’s aspirations in China were dealt a major blow over the weekend after the government ordered that almost all the cars it has sold in the nation — more than 285,000 of them — be fixed to address a safety issue.

June 28, 2021
Government, Business, Fuel

7-Eleven Ordered to Sell 293 Speedway Stores

7-Eleven Inc. was ordered by U.S. antitrust regulators to sell 293 gas-station retail stores acquired earlier this year as part of its $21 billion purchase of Marathon Petroleum Corp.’s Speedway business.

June 25, 2021
Government, Business, Fuel

Congress Reinstates Obama Methane Rule for Oil, Gas Wells

The House voted June 25 to rescind a Trump-era rule blocking the Environmental Protection Agency from directly limiting oil industry emissions of the powerful greenhouse gas methane, a move that would restore requirements imposed by the Obama administration while freeing the agency to craft new more stringent rules for the oil and gas industry.

June 25, 2021
Government, Business, Fuel

Oil Refiners Win at Supreme Court With Easier Waivers on Biofuel

The Environmental Protection Agency has wide latitude to exempt refineries from federal mandates that they mix renewable fuels into gasoline and diesel, the U.S. Supreme Court ruled June 25, a victory for oil companies seeking a break from the requirements.

June 25, 2021
Government, Business, Fuel

Key US Oil Storage Hub Seen Depleting as Producers Hold Tight

Crude oil inventories in America’s largest storage hub are falling fast as the post-pandemic demand rebound continues to outpace production.

June 24, 2021