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.

GovernmentFuel

California Lawmakers Propose Ban on Fracking by 2027

SACRAMENTO, Calif. — New legislation would ban all fracking in California by 2027, taking aim at the powerful oil and gas industry in a state already planning to ban the sale of new gas-powered cars by 2035.

February 17, 2021
BusinessFuel

Oil Production Slumps by Record 40% as Permian Freezes

Total U.S. oil production has plunged by close to 40% — the most ever — as an unprecedented cold blast freezes well operations across the central U.S., according to traders and industry executives with direct knowledge of the operations.

February 17, 2021
BusinessTechnologyFuel

Ford to Go All Electric in Europe by 2030

FRANKFURT, Germany — Ford announced a major push into electric vehicles in Europe, vowing to convert its entire passenger car lineup on the continent to electrics by 2030.

February 17, 2021
GovernmentBusinessFuel

Diesel Climbs 7.5¢ to $2.876 a Gallon

Diesel surged 7.5 cents a gallon, boosting the price of trucking's main fuel by 13.8 cents the past two weeks, according to data released by the Energy Information Administration.

February 16, 2021
BusinessFuel

Arctic Blast Cuts US Oil Output by 2 Million Barrels a Day

U.S. oil production has plunged by more than 2 million barrels a day as the coldest weather in 30 years brings havoc to key producing states that rarely have to deal with frigid Arctic blasts.

February 16, 2021
BusinessTechnologyFuelAutonomous

Jaguar to Go All-Electric by 2025

LONDON — Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Feb. 15 as it outlined a plan to phase out internal combustion engines.

February 16, 2021
GovernmentBusinessTechnologyFuelAutonomous

Dems to Push Clean Energy Tax Breaks in Infrastructure Plan

House Ways and Means Chairman Richard Neal unveiled plans to pursue tax breaks for renewable energy as a way to ease the shift away from fossil fuels in President Joe Biden’s upcoming infrastructure bill.

February 12, 2021
BusinessTechnologyFuel

Hyliion Launches Next-Generation Battery Module for Hybrid Truck

Hyliion Holdings Corp., a manufacturer of electrified powertrain solutions for Class 8 commercial vehicles, announced the introduction of its next-generation battery module that integrates Toshiba’s LTO cells with Hyliion’s technology advancements.

February 12, 2021
BusinessFuel

US Oil Majors Downgraded by S&P on Climate Risk, Earnings

Exxon Mobil Corp., Chevron Corp. and ConocoPhillips had their credit ratings lowered after S&P Global Ratings followed through on its recent warning and revised the industry’s risk profile due to climate change and weak earnings.

February 12, 2021
GovernmentBusinessSafetyFuel

Transportation Expert Highlights I-64 Pavement Recycling Project

Pavement recycling presents opportunities for cost reduction and environmental sustainability, according to the principal research scientist at the Virginia Transportation Research Council.

February 11, 2021