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Global Oil Demand to Hit Pre-Virus Level Next Year, IEA Says

Global oil demand will recover to pre-pandemic levels late next year, the International Energy Agency predicted, urging OPEC and its allies to keep markets balanced by tapping their plentiful spare production capacity.

June 11, 2021

Gas-Tax Indexing to Fund Infrastructure Gains Senate Momentum

Republican and Democratic senators said June 10 they were open to considering the first change in the national gasoline tax since 1993 to help fund a bipartisan infrastructure spending package they plan to propose to President Joe Biden.

June 10, 2021

Peak Internal Combustion Engine May Already Be Years in the Past

The world hit a transport milestone in 2017, though most people wouldn’t have noticed it at the time.

June 10, 2021

Keystone Pipeline Canceled After Biden Had Blocked Permit

BILLINGS, Mont. — The sponsor of the Keystone XL crude oil pipeline said June 9 it is pulling the plug on the contentious project after Canadian officials failed to persuade President Joe Biden to reverse his cancellation of its permit on the day he took office.

June 9, 2021

Lawmakers Chide Colonial Pipeline for Weak Cybersecurity

U.S. lawmakers criticized Colonial Pipeline Co.’s cybersecurity practices as the company’s CEO faced his second day of questioning on Capitol Hill.

June 9, 2021

DHL System Helps Shippers Balance Costs and Sustainability

DHL Supply Chain has developed a program that is designed to help shippers select carriers that are aligned with their environmental goals.

June 9, 2021

Commercial Classes 3-8 Trucks Cutting GHG Emissions

Some 49% of all Classes 3-8 commercial vehicles, or nearly 5.5 million trucks, are using advanced diesel engine technology to reduce greenhouse gas emissions, according to a new study.

June 9, 2021

Nations Set to Discuss Reducing Global Shipping CO2 Emissions

John Kerry wants to accelerate the decarbonization of the global shipping industry, which spews more carbon dioxide into the atmosphere each year than France and the U.K. combined.

June 9, 2021

Lordstown Motors Reveals Cash Crisis

Lordstown Motors Inc., an electric-vehicle startup that recently went public, said it may not have the cash to get its debut pickup truck to market — and might not last as a company in the next 12 months if it can’t raise more capital.

June 8, 2021

US Trucking Boom Contributes to Rising Demand for Diesel

For a look at how dramatically U.S. oil consumption is roaring back, consider this: Bennie Baucham, a trucker for four decades, hasn’t been this busy in years.

June 18, 2021