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.

BusinessTechnologyFuel

Tesla Roars Toward Biggest Gain in Over a Year

Investors rushed back into Tesla Inc. shares on March 9, putting a screeching halt to a five-day slump, and pushing the stock to its biggest gain in more than a year.

March 9, 2021
GovernmentBusinessSafetyFuel

Biden Faces Tougher Obstacles for Broad Relief Bill Sequel

President Joe Biden’s soon-to-be-unveiled longer-term economic stimulus package is set for far tougher obstacles in Congress than the pandemic-relief bill that’s on the verge of squeaking through without a single Republican’s backing.

March 9, 2021
BusinessTechnologyFuel

Rivian Seeks 3-in-a-Row EV Debuts, Defying History

Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc., is running the automotive equivalent of a three-ring circus: attempting to launch a trio of new vehicles in a factory that made its last car six years ago.

March 9, 2021
GovernmentFuel

Diesel Rises 7.1¢ to $3.143 a Gallon

The national average price for a gallon of diesel increased 7.1 cents to $3.143 a gallon, according to data released by the Energy Information Administration on March 8.

March 8, 2021
BusinessFuel

Workhorse Rises After Lawmaker Seeks Probe of Big Oshkosh Trade

Workhorse Group Inc. rose after a U.S. lawmaker raised questions about a $54.2 million late-day block trade in competitor Oshkosh Corp. on the eve of a blockbuster U.S. Postal Service contract award.

March 8, 2021
BusinessTechnologyFuel

In Wake of Outages, Tesla Plugs Secret Battery Into Texas Grid

The move marks Tesla Inc.’s first major foray into the epicenter of the U.S. energy economy.

March 8, 2021
GovernmentBusinessFuel

European Gasoline Diverted to Texas to Ease Supply Crunch

Five gasoline tankers that were en route to the U.S. East Coast diverted to the Port of Houston to help ease a supply crunch after last month’s freeze crippled the region’s refineries.

March 8, 2021
BusinessFuel

Oil Soars Above $66, Highest in Two Years

Oil rallied to the highest in nearly two years in New York after OPEC+ shocked markets with a decision to keep supply limited as the global economy starts to recover from the pandemic-driven slump.

March 5, 2021
BusinessTechnologyFuel

Commercial Vehicle Group Partners With Xos

Commercial Vehicle Group announced a partnership with commercial electric vehicle manufacturer Xos Inc. to develop sustainability initiatives intended to champion innovation and solutions for growing macro-trends in the marketplace.

March 5, 2021
BusinessTechnologyFuel

Volkswagen Brand Doubles EV Share Target

Volkswagen AG’s main brand doubled its forecast for the share of purely battery-powered cars in Europe to 70% by the end of the decade, signaling it expects to be delivering well more than 1 million EVs a year by then.

March 5, 2021