The U.S. average retail price of diesel slipped 1.9 cents to $3.047 a gallon, the Department of Energy reported Oct. 7, marking the third consecutive decline whereby the price has fallen 3.4 cents a gallon in the period.
October 7, 2019Search
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Volvo, Geely to Merge Engine Units in Electric Car Push
Volvo Cars and China’s Geely plan to merge their engine operations into a stand-alone company, a step the Swedish automaker says will cut costs as it shifts to a fully electrified lineup.
October 7, 2019Trump EPA Pledges Biofuel Boost to Calm Corn-State Criticism
The Trump administration is taking action to boost U.S. demand for corn-based ethanol and soybean-based biodiesel, as the president seeks to temper criticism from farmers and Midwest politicians before next year’s election.
October 4, 2019Anheuser-Busch to Deploy 21 BYD Electric Trucks
Beverage company Anheuser-Busch announced it will deploy 21 Class 8 battery-electric trucks in its California fleet as part of a state project to showcase economically and environmentally sustainable warehousing and distribution technology.
October 4, 2019BP’s New CEO Needs to Steer Company Through World Wary of Oil
In a world that’s increasingly wary of fossil fuels, BP’s newly appointed CEO Bernard Looney will have to prove the company can keep up with the times.
October 4, 2019In Search of Bipartisanship, Congressional Leaders Point to Transportation Bill
The ongoing impeachment inquiry of President Donald Trump in the U.S. House of Representatives threatens to halt the legislative agenda for the rest of the year and possibly longer, but a comprehensive transportation policy bill is still on the table as the issue remains one of the few vestiges of bipartisanship on Capitol Hill.
October 3, 2019Coal State Pennsylvania Is Joining Carbon Market
Pennsylvania, the heart of the U.S. shale-gas boom and one of the biggest coal-producing states, is joining a carbon market.
October 3, 2019Officials Agree on Plan to Boost Ethanol, Biodiesel
The Trump administration has agreed to a new plan for boosting renewable fuels and offsetting waivers exempting oil refineries from mandates to use them, according to three people familiar with the matter who asked for anonymity before a formal announcement.
October 1, 2019Cummins, Hyundai Agree to Examine Fuel Cells Together
Hyundai Motor Co. and Cummins Inc. said in a joint statement that they have agreed to evaluate opportunities to develop and commercialize electric and fuel cell powertrains.
October 1, 2019Diesel Falls 1.5¢ to $3.066 a Gallon; Oil Slides to $54.27
The U.S. average retail price of diesel slipped 1.5 cents to $3.066 a gallon, the Department of Energy reported Sept. 30.
September 30, 2019