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.

BusinessFuelTCA

Pilot Flying J Owner Jimmy Haslam Won’t Face Charges in Fraud Case

The statute of limitations ended Monday without prosecutors filing new charges in the $56 million fraud committed by top executives of Pilot Flying J, the family business of Browns owner Jimmy Haslam.

April 17, 2018
BusinessFuel

Diesel Jumps 6.1¢ to $3.104 a Gallon in Single Biggest Increase of Year

The U.S. average retail price of diesel jumped 6.1 cents — the largest single increase of the year — to $3.104 a gallon as oil climbed past $68 a barrel amid signs the supply glut is fading.

April 16, 2018
BusinessTechnologyEquipmentFuel

Volvo Group Introduces All-Electric, Heavy-Duty Truck for European Market

Volvo Trucks on April 12 introduced its first all-electric truck for commercial use, with sales and production of its FL Electric model to start in Europe in 2019.

April 12, 2018
BusinessTechnologyEquipmentFuel

Nikola Hires BMW Executive Jesse Schneider to Spearhead Fuel-Cell R&D

Nikola Motor Co. has hired Jesse Schneider as vice president of hydrogen and fuel-cell technologies.

April 12, 2018
GovernmentBusinessFuelTCA

New Hampshire Road Usage Fee Proposal Moves to Senate Hearings

With cars becoming more fuel-efficient, the revenue from gasoline taxes is declining, leaving New Hampshire with inadequate funds to maintain roads and bridges, according to state Rep. Norman Major (R-Plaistow), chairman of the House Ways and Means Committee.

April 11, 2018
BusinessFuel

US Oil Debt Eases

U.S. oil and gas producers expect their borrowing ability to increase over the next few months, leaving them open to invest in new shale assets, particularly the Eagle Ford in Texas.

April 10, 2018
BusinessTechnologyEquipmentFuel

Nikola Eliminates Truck Deposits, Expands Initial Fueling Network

Nikola Motor Co. moved to differentiate itself further from rival Tesla Inc. by no longer requiring deposits on its upcoming trucks and returning deposits it has collected as it prepares to announce a major new fleet customer in early May.

April 10, 2018
GovernmentBusinessSafetyFuel

FMCSA Grants Fuel Tank Drivers 5-Year Rest-Break Exemption

The Federal Motor Carrier Safety Administration has granted a five-year exemption from the 30-minute rest-break requirement for trucks hauling petroleum products and will allow fuel trucks to operate 12 hours a day without triggering the requirement under certain conditions.

April 10, 2018
GovernmentBusinessFuel

Diesel Average Essentially Flat, Rising Just 0.1¢ to $3.043 a Gallon

The U.S. average retail price of diesel rose 0.1 cent to $3.043 as oil remained near $63 a barrel amid ongoing uncertainty over a U.S. trade war with China.

April 9, 2018
GovernmentBusinessFuel

Oil-Services Investors Unmoved by Latest US Sanctions on Russia

Investors of the world’s biggest oil-servicer providers are so far looking past the most punitive round of U.S. sanctions on Russia.

April 9, 2018