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The golden age of U.S. shale is far from over, with an expected slowdown in the Permian Basin likely to be temporary, according to new U.S. Energy Secretary Dan Brouillette.

BERLIN — A global shipping industry organization is proposing a research and development program to help cut carbon dioxide emissions, funded by about $5 billion from shipping companies over a decade.

The U.S. average retail price of diesel dropped 0.3 cent to $3.046 a gallon, the Department of Energy reported Dec. 16.

The Truck Trailer Manufacturers Association has asked that an appeals court lift a suspension so the association can move forward with its lawsuit seeking to block a Phase 2 greenhouse gas rule provision that would for the first time regulate trailers.

Congressional leaders are close to a deal that would extend a slew of expired incentives for biodiesel, alcoholic beverages and short-line railroads, though it could depend on completing a broader tax compromise in time to add the provisions to a must-pass spending bill.

Massachusetts Gov. Charlie Baker is one of the leaders pushing for a regional program that would raise the price of gas while curbing greenhouse gas emissions from transportation.

Volvo Trucks announced it has developed electric concept trucks for construction operations and regional distribution.

Oil rose above $60 a barrel for the first time in almost three months after the U.S. and China agreed on the text of a partial trade deal, giving a boost to the fragile outlook for global oil demand.

SACRAMENTO, Calif. — The country’s most populous state could become the first to require a portion of new truck sales be electric or “zero emission” vehicles as California grapples with how to clean up its worst-in-the nation air quality.