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.

BusinessFuel

BP, Shell Both Claim to Be No. 1 in Investor Returns

Both BP Plc and Royal Dutch Shell Plc are claiming the top spot for investor returns within their peer group from 2016 to 2018. That’s an important metric — taking first place was a significant element in the doubling of Shell CEO Ben van Beurden’s pay last year.

March 29, 2019
GovernmentBusinessFuel

EPA Rushed Ethanol Plan so Trump Could Keep Pledge, Documents Show

After President Donald Trump promised Iowa voters he would unleash high-ethanol gasoline, his administration fast-tracked a plan to lift summertime restrictions on the fuel, forgoing studies of its potential price tag and hastily ending a review of the measure.

March 28, 2019
GovernmentBusinessFuel

Trump Asks OPEC to Increase Oil Output to Keep Prices in Check

President Donald Trump renewed his criticism of OPEC, saying the cartel should increase production because prices are getting “too high.â€

March 28, 2019
BusinessFuel

Oil Slips as Growth in US Supplies Feeds Into Market Anxieties

Oil prices dipped as an unexpectedly high jump in U.S. crude supplies unnerved a market already worried about weakening global demand.

March 27, 2019
GovernmentBusinessTechnologyFuel

Global Emissions Hit Record as Energy Demand Boosts Fuel Use

Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and India.

March 26, 2019
GovernmentBusinessFuel

Average Price of Diesel Rises 1¢ to $3.08 a Gallon

The U.S. retail diesel average rose 1 cent to $3.08 a gallon, the Department of Energy reported, as the price of crude oil slipped just below $59 per barrel amid concern over a possible slowdown in the U.S. economy.

March 25, 2019
BusinessTechnologyEquipmentFuel

Mack Showcases Latest Hybrid Class 8

Mack Trucks announced it recently displayed its second-generation zero-emission capable Class 8 drayage truck at the California Air Resources Board’s Low Carbon Transportation Heavy-Duty Showcase in Sacramento.

March 25, 2019
GovernmentBusinessFuelTCA

Fuel-Tax Hike to Assist Mobile Port Widening, Alabama Lawmakers Say

Republican lawmakers who backed the 10-cents-per-gallon gas tax increase know that various irate constituents might be waiting at home to give them an earful on their spring break next week. But the coastal Alabama contingent will be able to point to a very tangible benefit from their supportive votes: a deepening and widening of the Mobile ship channel.

March 25, 2019
BusinessFuel

Oil Falls From Four-Month High on Concerns of Economic Slowdown

Oil fell from its highest closing level in four months in New York as signs of a slowing global economy stirred concerns about fuel demand.

March 22, 2019
BusinessTechnologyEquipmentSafetyFuelAutonomous

New TMC Chairman Kenneth Calhoun Aims to Bolster Technician Recruiting, Training

Advancing the Technology & Maintenance Council’s efforts to address the trucking industry’s technician shortage and enhancing education and training for entry-level workers are among the top priorities for Kenneth Calhoun, the council’s new general chairman and treasurer.

March 21, 2019