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, Business, Fuel

Diesel Inches Up 0.6¢ to $3.258 a Gallon

The U.S. average retail price of diesel inched up 0.6 cent to $3.258 a gallon, while crude oil prices fell amid questions over supplies in light of looming sanctions against Iran.

September 10, 2018
Government, Business, Fuel

Oil Demand Seen Peaking by 2023 While Climate Targets Are Missed

Within 20 years, oil use will have long since peaked, renewables and natural gas will account for about half of energy supply and the cost of keeping the lights on will plummet. But that still won’t be enough to meet climate goals, according to a forecast from energy and maritime services company DNV GL Group AS.

September 10, 2018
Business, Fuel

Aurora Capital Partners Sells Restaurant Technologies Inc.

Aurora Capital Partners has agreed to sell Restaurant Technologies Inc., a company that distributes cooking oil and collects used oil from U.S. restaurants, to West Street Infrastructure Partners III, an investment fund managed by Goldman Sachs.

September 10, 2018
Business, Fuel

Trillium to Upgrade Austin, Texas, CNG Station for Heavy-Duty Trucks

Trillium will upgrade the compressed natural gas station in Austin, Texas, to provide easier access and fast-fill capability for heavy-duty vehicles fueling with CNG.

September 10, 2018
Business, Technology, Equipment, Fuel, TCA

Manual Transmissions Rapidly Becoming a Thing of the Past

Bryan Berg drives a semi with a 13-speed transmission, and he’s been double-clutching and shifting gears in his rig for 30 years. He’s not about to start driving a truck that shifts automatically.

September 7, 2018
Business, Technology, Fuel

Tesla Erupts in Chaos After Senior Executives Leave, Musk Tokes Up

The turmoil at Tesla Inc. reached a fever pitch, as the news that two senior executives are leaving Elon Musk’s electric-car maker emerged just hours after he smoked marijuana during an hours-long interview streamed live online.

September 7, 2018
Government, Business, Fuel

Airlines Are Stepping Up Oil Hedges Before 2020 Shipping Rule Bites

Airlines are starting to hedge against the risk that fuel prices could be driven higher by rules targeting another industry’s environmental performance.

September 6, 2018
Government, Business, Technology, Equipment, Fuel

Florida Scores Biggest Annual Gain in Heavy-Duty Clean Diesel Trucks

Florida posted the biggest surge among states in the use of heavy-duty trucks with clean diesel engines in 2017, notching an 81% jump compared with a year earlier, according to data from IHS Markit. This increase came as fleet confidence in the technology took hold and more freight-hauling opportunities opened up in the nation’s fourth-largest state economy, other experts said.

September 6, 2018
Business, Technology, Fuel

Electric Trucks Could Save Europe 11 Billion Barrels of Oil Through 2050

Transforming the European Union’s truck fleet to electric and hydrogen vehicles from diesel-powered engines could cut oil use by as much as 11 billion barrels through 2050, or more than two years’ worth of imports.

September 6, 2018
Government, Business, Equipment, Fuel, Top 100

NACFE Survey of Trucking Companies Shows Increased Freight Efficiency

The average fuel economy of trucking companies participating in an annual study conducted by the North American Council for Freight Efficiency improved 2% on a year-over-year basis, the group announced.

September 5, 2018