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

OPEC Data Shows Oil-Cut Laggards Still Exceeding Limits

Key OPEC+ nations Iraq, Kazakhstan and Russia continue to pump above output limits intended to shore up global oil prices, the group’s data showed.

July 10, 2024
Business, Technology, Equipment, Fuel

Report Finds Opportunities, Obstacles for Electric Vehicles

The trucking industry is seeing more opportunities to deploy electric vehicles despite obstacles that still must be overcome, according to a July 9 report by NACFE and RMI.

July 10, 2024
Government, Business, Fuel

Diesel Price Rises 5.2¢ to $3.865

The national average diesel price rose 5.2 cents to $3.865 in its fourth consecutive increase, according to Energy Information Administration data released July 8.

July 8, 2024
Government, Business, Fuel

Devon to Buy Williston Basin Oil Assets in $5 Billion Deal

Devon Energy Corp. agreed to acquire the Williston Basin business of Grayson Mill Energy for $5 billion as consolidation continues in the U.S. oil patch.

July 8, 2024
Business, Equipment, Fuel, Logistics

ATRI Report: Cost of Operating a Truck Up 6.6% in 2023

The total marginal cost of operating a truck in 2023 rose to a record $2.270 per mile despite fuel costs that fell by 8.8 cents per mile, the American Transportation Research Institute said.

July 3, 2024
Government, Fuel

Diesel Price Increases 4.4¢ in Third Consecutive Climb

The national average diesel price jumped for the third straight week, this time leaping 4.4 cents to $3.813 a gallon, according to Energy Information Administration data released July 1.

July 1, 2024
Government, Business, Fuel, Logistics

Amtrak Used 2 Million Gallons of Renewable Diesel in FY2023

Switching to renewable diesel has enabled Amtrak to replace about 2 million gallons of fossil fuel during the past fiscal year and move closer to its goal of achieving zero emissions.

July 1, 2024
Business, Technology, Fuel

Renault Vows to Lower EV Battery Costs 20% With New Process

Renault SA pledged to reduce its battery costs by around 20%, in a bid to remain competitive by adopting a cheaper cell chemistry and new production processes for electric vehicle components.

July 1, 2024
Business, Fuel

OPEC Crude Production Steady for Third Month

OPEC’s crude production remained steady for a third month, while some key members continued to pump above agreed limits.

July 1, 2024
Government, Business, Technology, Equipment, Fuel

Trucking’s Clean Power Transition Hinges on Infrastructure

LAS VEGAS — Wider adoption of low- and zero-emission commercial trucks will depend on the development of new fueling and charging infrastructure, energy leaders said.

June 28, 2024