°®¶¹´«Ã½

About $2.6 billion in revenue would have been generated in 2017 if commercial trucks were taxed at a rate of 1 cent per mile, and compliance reached a rate of 90%, according to a recent report by the Congressional Budget Office.

Oil held its biggest gain in almost seven weeks after improved U.S. and Chinese economic data aided the demand outlook, while optimism increased that the U.S. and China will resolve their trade dispute.

Infiniti bills itself as being a convention challenger, but the Nissan Motor Co. luxury-car division still sees the future of electrification much like the era of internal combustion.

ATLANTA — Volvo Group CEO Martin Lundstedt said the commercial vehicle industry has entered a time of transition with the rise of electric-powered trucks, automated driving technology and connected vehicles.

IRVING, Texas — Exxon Mobil’s profit tumbled with crude prices down about 15% from where they were last year, though a $300 million boost from a tax-related item helped.

The Keystone crude pipeline was shut Oct. 30 after leaking thousands of barrels of crude in North Dakota, the third spill along the pipeline’s route in less than three years.

Canada’s beleaguered energy sector suffered another morale blow as Encana Corp. — one of its marquee companies that was born out of the 19th-century railway boom — announced plans to move its headquarters to the U.S. and drop the link to Canada from its name.

Marathon Petroleum Corp. buckled under pressure from shareholders and announced the spinoff of its retail fuel-station business and the departure of its chairman and chief executive officer, just five weeks after activist investor Elliott Management Corp. went public with demands for a radical overhaul of the company.

President Donald Trump’s effort to boost corn demand by allowing year-round sales of ethanol-blended gasoline has run into a logistical problem. Few stations offer it.