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US Gasoline Market Dips in Peak Season as High Prices Slow Demand

Gasoline demand in the U.S. shows signs of further softening just three weeks into the peak driving season, with near-record prices likely encouraging people to stay closer to home.

June 29, 2022

Age of Electric Box Trucks Within Reach, NACFE Reports

The entire U.S. and Canadian market of hundreds of thousands of simple medium-duty box trucks will come to embrace electrification, leading the way for other more complex medium-duty applications over the next decade as the industry pursues zero emissions, according to the North American Council for Freight Efficiency.

June 29, 2022

New Fuel Taxes Kick in July 1 in Number of States

Higher gas taxes will sweep across pumps in several states on July 1 to drive fuel prices even higher.

June 29, 2022

Road Fuel Demand to Peak by 2027

Global road fuel demand will peak in five years, though it will be decades before shifts in consumption reshape transportation’s reliance on fossil fuels, according to a report from BloombergNEF.

June 29, 2022

EIA Delays Fuel Price Release for Second Week

The U.S. Energy Information Administration has released updated gasoline prices but delayed its weekly release of national diesel prices for the second week in a row June 27.

June 28, 2022

Daimler, European Partners to Test HD Truck Using Liquid Hydrogen Fuel

To test the use of liquid hydrogen in a commercial vehicle fuel cell, Daimler Truck announced it is putting a prototype heavy-duty truck and filling station into operation in Germany.

June 27, 2022

Wisconsin Makes Move Among State Efforts to Address Fuel Prices

Wisconsin’s new emergency order to stop gas and diesel price gouging is among the latest moves by several governors to lessen the impact of rising fuel prices.

June 27, 2022

Average Gasoline Price Drops 4 Cents to $5.05 a Gallon

CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline fell by 4 cents per gallon in the past two weeks to $5.05 for regular grade, it was reported June 26.

June 27, 2022

Permian Basin Faces Pollution Rules That Could Curb Drilling

The Biden administration is considering triggering tougher anti-smog requirements that could curb drilling across parts of the Permian Basin, the world’s biggest oil field that straddles Texas and New Mexico.

June 24, 2022

Oil Industry Says Granholm Meeting Sends ‘Positive Signal’

WASHINGTON — A meeting with Energy Secretary Jennifer Granholm to discuss lowering gas prices and boosting domestic oil supplies was constructive, but did not produce a major breakthrough, groups representing the oil industry and refiners said June 23.

June 23, 2022