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.

BusinessTechnologyEquipmentFuel

The Dawn of Electric Trucks

The introduction of electric-powered commercial trucks continued to gain momentum in 2019 with more investment, more prototypes unveiled and more deployments in real-world freight operations. Read our Special Report.

December 6, 2019
GovernmentBusinessFuel

OPEC Nations, Russia Agree to Cut Oil Output to Lift Prices

The OPEC oil-producing countries and ally Russia said Dec. 6 they have agreed to cut their crude production by an extra 500,000 barrels a day as they try to support global energy prices.

December 6, 2019
GovernmentBusinessTechnologyEquipmentSafetyFuel

Watchdog Faults Rushed EPA Rulemaking on Glider Trucks

WASHINGTON — The Trump administration rushed to exempt glider trucks from clean air rules without conducting a federally mandated study on how it would impact public health, the Environmental Protection Agency’s inspector general said Dec. 5.

December 6, 2019
GovernmentBusinessFuel

Saudi Aramco Plans $25.6 Billion Share Sale in Richest IPO Ever

DUBAI, United Arab Emirates — Saudi Arabian oil company Aramco on Dec. 5 set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft.

December 5, 2019
BusinessTechnologyFuel

Toyota Having Trouble Keeping Hybrid Car Models in Stock

Toyota Motor Corp. has a problem with selling its hybrids — it can’t get enough of them.

December 5, 2019
BusinessTechnologyEquipmentFuel

GM to Build $2.3 Billion Battery Plant in Lordstown, Ohio

General Motors Co. and its battery partner, South Korea’s LG Chem Ltd., will jointly invest $2.3 billion in a new electric vehicle battery plant to be built in Lordstown, Ohio, the same city where the automaker controversially idled and then sold a 53-year-old compact-car factory.

December 5, 2019
GovernmentBusinessTechnologyFuel

California Cuts Electric Car Rebates, Drops Luxury Models

California’s rebate program to coax more drivers to buy electric vehicles just got less generous, especially for those looking to spend on a luxury model.

December 4, 2019
GovernmentBusinessFuel

Larry Kudlow Hatches New Plan to Boost Biofuel Mandates

White House economic adviser Larry Kudlow is developing a new plan to bolster biofuel-blending requirements after ethanol allies in politically important farm states complained the current proposal doesn’t do enough to compensate for waivers exempting some small refineries from the mandates.

December 4, 2019
GovernmentBusinessFuel

OPEC Nations Grapple With Oversupply of Oil

The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down fuel and energy prices — is hanging over members of the OPEC cartel as they head into negotiations Dec. 5. 

December 4, 2019
GovernmentBusinessSafetyFuel

Engineering Group ACEC Opposes Bill That Removes Regulations on Construction Material Suppliers

A group representing engineers is pushing back on recently introduced legislation that aims to develop projects through open competition among suppliers of construction materials.

December 4, 2019