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.

GovernmentBusinessFuel

FTC Targets Oil-and-Gas Deals, Franchises

The Federal Trade Commission is examining ways to crack down on mergers in the oil and gas industry and investigate whether gas station franchises are driving up gas prices as part of a Biden administration effort to combat higher costs at the pump.

August 30, 2021
GovernmentBusinessSafetyFuel

Gas Price Pain Ahead if Refiners Face Restart Struggle After Ida

Some U.S. motorists who had been expecting an end-of-summer relief for gasoline prices should start bracing for higher costs at the pump in the coming days due to Hurricane Ida.

August 30, 2021
BusinessTechnologyFuelAutonomous

BYD Profit Falls 30% as Chip, Lithium Shortages Increase Costs

BYD Co., the Chinese electric-vehicle and battery maker backed by Warren Buffett, said first-half earnings fell as shortages of chips and lithium increased costs.

August 27, 2021
BusinessTechnologyFuel

Rivian Files for IPO

Rivian Automotive Inc., the maker of electric pickups backed by Amazon .com Inc., has filed for an initial public offering and is seeking a roughly $80 billion valuation, according to people familiar with the matter.

August 27, 2021
GovernmentBusinessFuel

OPEC+ Expected to Stick to Planned Output Hike

OPEC and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from their August stumble.

August 27, 2021
BusinessTechnologyEquipmentFuelLogisticsAutonomous

Nuro to Build Autonomous EV Factory in Nevada

Nuro Inc., which has unmanned delivery pods scurrying around Southwestern streets, said that it will build a $40 million facility to assemble and test a new generation of autonomous vehicles in Nevada.

August 26, 2021
BusinessFuelTCA

Gas, Diesel Will Be Cheaper in New Jersey Come Oct. 1

New Jersey’s gasoline tax will drop 8.3 cents to 42.4 cents a gallon on Oct. 1 after drivers were forced to pay more at the pump a year ago, state officials announced Aug. 24.

August 26, 2021
BusinessTechnologyFuelAutonomousTCA

Cruise Looks to Solar Panels to Power Self-Driving Cars

Cruise, the San Francisco autonomous car company backed by General Motors, is launching a new initiative to support renewable energy efforts in California’s Central Valley that takes advantage of solar power.

August 25, 2021
BusinessTechnologyFuel

Hyzon Motors, Raven SR Partner on California Hydrogen Production

Fuel cell technology provider Hyzon Motors Inc. and renewable fuels company Raven SR Inc. announced their first waste-to-green hydrogen production hub.

August 25, 2021
BusinessTechnologyEquipmentFuelTCA

Bollinger Expands Lineup With Classes 4, 5 EVs

Bollinger Motors Inc. said Aug. 25 it will sell Class 4 and Class 5 electric commercial trucks in addition to the Class 3 vehicles it unveiled last year in a move the Oak Park, Mich.-based startup said would offer greater coverage to customers.

August 25, 2021