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.

Business, Technology, Fuel

Brookfield Commits $1.1B to Infinium’s Low-Carbon Fuel Growth

Brookfield Asset Management is investing up to $1.1 billion in the low-carbon e-fuels startup Infinium.

September 10, 2024
Government, Business, Fuel

US Oil Demand to Plateau This Year, EIA Says

U.S. oil demand growth is forecast to plateau this year, in the latest bearish indicator for the market, according to the Energy Information Administration.

September 10, 2024
Government, Technology, Equipment, Fuel

DOE Studying ‘Soft’ Costs to Deploy EV Charging

The U.S. Department of Energy is studying so-called soft costs of deploying EV charging infrastructure that sometimes are overlooked but can be higher than the basic buildout costs.

September 10, 2024
Business, Fuel

World’s Top Oil Traders See Boom Years Fade

The world’s top commodity merchants are grappling with a tougher environment for trading oil as seismic market events of the past few years start to lose their impact.

September 10, 2024
Government, Fuel

Diesel Price Sheds 7¢ to $3.555 a Gallon

The national average diesel price continued its downward trend, dropping 7 cents to $3.555 per gallon, according to U.S. Energy Information Administration data released Sept. 9.

September 9, 2024
Government, Business, Safety, Fuel

Francine Heads for Gulf Coast; Oil Drillers Evacuate Crews

Francine is expected to lash parts of the Gulf Coast with powerful winds and heavy rain as it heads for a Sept. 11 landfall as a full-blown hurricane.

September 9, 2024
Government, Business, Fuel

OPEC’s Quick Fix Masks Bigger Worry: Too Much Oil Next Year

OPEC+ has staved off an oil surplus this year by deciding to restrain production a little longer. But the temporary fix won’t hold back the supply glut awaiting global markets in 2025.

September 6, 2024
Government, Business, Fuel

US Imposes Sanctions on Two More Vessels Tied to Russian LNG

The U.S. has sanctioned two more vessels along with two related shipping companies in its latest effort to block Russian liquefied natural gas exports from the Arctic.

September 5, 2024
Government, Business, Fuel

Trump Eyes Energy Emergency to Push Gasoline Below $2

A goal of sub-$2 gasoline, last seen during the pandemic shutdown that caused demand to collapse, would be difficult to achieve, since presidents have little control over pump prices.

September 5, 2024
Business, Fuel

OPEC+ Agrees to Pause Oil Supply Increase After Price Rout

OPEC+ clinched a deal to pause its planned oil output hike for two months after prices plunged amid fragile demand.

September 5, 2024