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

NACFE Report Predicts Multiple Fuels Will Give Way to Battery-Electric

The North American Council for Freight Efficiency forecasts commercial battery-electric vehicles and fuel cell trucks will be capable of lower total cost of ownership, compared with baseline diesel trucks, in the 2030 time frame.

December 10, 2019
BusinessTechnologyFuel

GM Loans Ohio Plant Buyer $40 Million to Launch Electric Truck

General Motors Co. loaned the buyer of its half-century-old assembly plant in Ohio $40 million to help the cash-strapped startup roll out an electric pickup truck.

December 10, 2019
GovernmentBusinessFuel

Diesel Drops 2.1¢ to $3.049 a Gallon

The U.S. average retail price of diesel dropped 2.1 cents to $3.049 a gallon, the Department of Energy reported Dec. 9.

December 9, 2019
GovernmentBusinessTechnologyFuel

Germany Edges Out Norway as Europe’s Biggest Electric Car Market

Germany has pulled ahead of Norway for sales of all-electric cars since the start of the year, putting Europe’s biggest auto market in position to become the regional leader on an annual basis for the first time.

December 9, 2019
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