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.

Government, Fuel

Diesel Price Increases 6¢ to Settle at $3.536

The national average diesel price rose 6 cents a gallon to $3.536, its first increase since early April, according to U.S. Energy Information Administration data released May 20.

May 20, 2025
Government, Business, Technology, Fuel

Charging Installations Drop as Trump Ramps Up Attacks on EVs

Installation of high-speed chargers across the U.S. fell by more than 21% in the first quarter compared to the year-earlier period, according to an analysis of Energy Department data.

May 20, 2025
Government, Business, Technology, Equipment, Fuel, TCA

Oregon Delays Enforcement of Advanced Clean Trucks Rule

Oregon will delay enforcing a rule that requires truck makers to increase electric truck sales in light of industry difficulties and threatened federal funding cuts.

May 16, 2025
Business, Technology, Equipment, Fuel

Quebec Investors to Acquire Bankrupt Lion Electric

An investor group involving Montreal real estate tycoon Vincent Chiara is set to take control of bankrupt Lion Electric, offering new capital to keep the electric bus and truck maker alive.

May 16, 2025
Business, Fuel

Global Oil Demand Growth to Slow For Rest of 2025, IEA Says

Global oil demand growth will slow during the remainder of 2025 after a robust first quarter due to “economic headwinds,” the International Energy Agency said.

May 15, 2025
Government, Business, Equipment, Fuel

Hess Blames Tariffs for Delaying Toy Truck Release

Hess, the U.S. oil producer widely known for its signature green-and-white toy trucks, said the release of a collection of new miniature vehicles was delayed because of trade tariffs.

May 13, 2025
Government, Fuel

Diesel Drops 2.1¢ to $3.476 in Fifth Straight Decline

The national average diesel price dipped 2.1 cents a gallon to $3.476, the fifth straight decline, according to U.S. Energy Information Administration data released May 13.

May 13, 2025
Government, Business, Fuel

Saudi Aramco to Spend $3.4B on Motiva Refinery in Texas

Saudi Aramco plans to spend $3.4 billion on its Motiva refinery in Texas, the largest fuelmaking plant in the U.S.

May 13, 2025
Government, Business, Technology, Fuel

GOP Wants to Phase Out Biden EV Credits to Pay for Tax Cuts

House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives for the production of clean energy to help pay for President Donald Trump’s massive tax package.

May 13, 2025
Government, Business, Fuel

Aramco Profit Down $4.6% to $26 Billion

Saudi Arabia’s state-owned oil giant Aramco posted Q1 profit of $26 billion on May 11, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s development plans.

May 12, 2025