Shale oil companies are using almost all of the fracking equipment and crews available as exploration expands, accelerating cost inflation and pointing to worsening supply chain disruptions across the industry.
January 24, 2022Search
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Oil Demand Nears Pre-Pandemic Levels, Saudi Aramco Says
Demand for oil is nearing pre-COVID levels and producers globally are investing too little in supply, Saudi Aramco said.
January 24, 2022GM to Spend $6.5 Billion on Michigan EV Factories
LANSING, Mich. — General Motors is poised to announce the week of Jan. 24 major electric vehicle investments in Michigan, with plans to spend $6.5 billion and create up to 4,000 new jobs at two plants.
January 21, 2022Affinity Truck Center Gains EV Dealer Status
Affinity Truck Center achieved certified electric vehicle dealer status at its Fresno, Calif., dealership from both Mack Trucks and Volvo Trucks North America, each a brand of Volvo Group.
January 21, 2022Shell Drops ‘Royal Dutch’ From Name After Relocation
Shell Plc has dropped “Royal Dutch†from its name, part of a major overhaul of its legal and tax structure announced in December.
January 21, 2022Subscription Service Delivers a Tesla to Californians in 10 Minutes
For California drivers who dream of cruising around in a Tesla but can’t afford one — or just have commitment issues — there’s a new option.
January 20, 2022EV Truck Technology Takes Center Stage at CES
LAS VEGAS — Electric truck companies showcased just how far the technology has evolved during CES 2022.
January 20, 2022Tesla Rumor Mill Misfires, Exasperates Even Elon Musk
Steel Dynamics, a Fort Wayne, Ind.-based steel producer, has gotten all sorts of attention lately from Tesla fans and followers. This has been entirely unfounded, and is one of several examples of the narrative around the Elon Musk-led company getting ahead of reality recently.
January 19, 2022Oil Hits Seven-Year High as IEA Turns Bullish on Outlook
Oil climbed to the highest mark since October 2014 as the International Energy Agency said the market looked tighter than previously thought, with demand proving resilient to omicron.
January 19, 2022NACFE Urges Medium-Duty Electrification
If your fleet uses vans and step vans, medium-duty box trucks, terminal tractors or heavy-duty regional haul tractors, then now is the time to think of them as viable options for electrification, the North American Council for Freight Efficiency stressed in its recent initial report from its three-week Run On Less-Electric demonstration in September.
January 18, 2022