Nikola Motor Co. said it has received more than 7,000 reservations for its yet-to-be-unveiled electric Class 8 truck, the Nikola One.
June 14, 2016Government, Business, Fuel
Senate Clears Pipeline Safety Bill
The Senate on June 13 cleared a bill that would direct federal regulators to implement a series of pipeline safety mandates.
June 14, 2016Business, Fuel
California Funds Greater Use of Electric-Powered Heavy-Duty Trucks
California has expanded its testing of zero-emissions electric-powered heavy-duty vehicles as the state grapples with finding solutions to the worst air quality in the nation in several of its cities, experts said.
June 14, 2016Business, Fuel
Diesel Rises 2.4¢ to $2.431
The U.S. retail diesel average climbed 2.4 cents to $2.431, the Department of Energy reported, while the volatile price of crude oil slipped below $50 per barrel.
June 13, 2016Business, Fuel
Some Hedge Funds Are Betting Oil Will Surge Above $100
Oil investors are buying contracts that will only pay out if crude rises well above $100 a barrel over the next four years — a clear sign some believe today’s bust is sowing the seeds of the next boom.
June 10, 2016Government, Business, Fuel
Pipeline Safety Reform Passes House
Legislation aimed at reforming pipeline safety programs easily passed the U.S. House of Representatives on June 8, setting up a vote in the Senate as early as this month.
June 9, 2016Business, Fuel
Oil Climbs to 10-Month High as US Crude Stockpiles Decline
Oil rose to the highest level in more than 10 months in New York as government data showed U.S. crude supplies declined, reducing a glut.
June 8, 2016Business, Fuel
Oil Rises From 10-Month High as US Stockpiles Seen Declining
Oil advanced from the highest close in more than 10 months before U.S. government data forecast to show crude stockpiles dropped for a third week, trimming a glut.
June 7, 2016Government, Fuel
Final Phase 2 Greenhouse-Gas Regulation for Trucks Sent to White House for Review
The final version of the Phase 2 federal greenhouse-gas regulation for trucks on June 3 was sent to the White House Office of Management and Budget for review.
June 7, 2016Business, Fuel
Diesel Jumps 2.5¢ to $2.407
The U.S. retail diesel average climbed 2.5 cents to $2.407, the Department of Energy said, increasing for the 15th time in 16 weeks as crude oil flirted with $50 per barrel.
June 6, 2016