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.

Business, Fuel

Volvo Group, Natso Add Plans for Greater Electric Deployments

Truck maker Volvo Group and the travel plaza trade group Natso separately announced additional steps to ensure they assist in the infrastructure development and broader deployment of electric trucks.

February 2, 2021
Government, Fuel

Diesel Increases 2.2¢ to $2.738 a Gallon

The nationwide average price of diesel fuel rose 2.2 cents to $2.738 a gallon, according to Energy Information Administration data released Feb. 1.

February 1, 2021
Business, Fuel

Coal to Exit US Power System by 2033, Morgan Stanley Says

Coal is on track to disappear from the U.S. power grid by 2033 as the push for a carbon-free electricity system gains strength, according to Morgan Stanley.

February 1, 2021
Business, Technology, Fuel

Battery Maker Microvast Agrees to Merger With Tuscan SPAC

Battery maker Microvast Inc. will go public via a merger with blank-check company Tuscan Holdings Corp. in a deal that values the combined company at $3 billion.

February 1, 2021
Government, Business, Fuel

Biden Revokes Oil Drilling Permits for Additional Review

The Biden administration is revoking dozens of invalid drilling permits issued by agency workers without the approval of political appointees, despite a temporary order for such reviews.

January 29, 2021
Business, Technology, Fuel

GM Sets Goal of Going Largely Electric by 2035

General Motors Co. has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five years after that.

January 28, 2021
Business, Fuel

Pilot Co. Unit to Buy Ethanol Plant With Sights on Recovery

A unit of truck stop chain Pilot Co., which is partly owned by Warren Buffett’s Berkshire Hathaway Inc., is buying an ethanol plant just as the beleaguered industry may be turning around.

January 28, 2021
Government, Business, Safety, Fuel

Biden Directs Agencies to Address Climate Change

New directives approved by President Joe Biden in response to climate change set in motion an extensive environmental agenda throughout federal agencies while rolling back Trump-era guidance on permitting.

January 28, 2021
Government, Business, Fuel

Biden Signs Ambitious Climate Change Orders

WASHINGTON — In the most ambitious U.S. effort to stave off the worst effects of climate change, President Joe Biden issued executive orders Jan. 27 to cut oil, gas and coal emissions and double energy production from offshore wind turbines.

January 27, 2021