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New Geotab Division Helps Utilities Support EV Adoption

Fleet management solutions provider Geotab unveiled a service Jan. 7 focused on helping utilities support electric vehicle adoption.

January 7, 2021

BayoTech Receives More Equity Investment

BayoTech Inc., a developer of on-site hydrogen production systems, announced it received an equity investment of up to $157 million.

January 7, 2021

For First Time in Five Years, US Gas Mileage Down, Emissions Up

A new government report says gas mileage for new vehicles dropped and pollution increased in model year 2019 for the first time in five years.

January 6, 2021

US Imports No Saudi Crude Oil for First Time in 35 Years

The U.S. didn’t import any Saudi crude the week of Dec. 28 for the first time in 35 years, a reversal from just months ago when the Kingdom threatened to upend the American energy industry by unleashing a tsunami of exports into a market decimated by the pandemic.

January 6, 2021

Exxon Reveals Petroleum Product Emissions Data for First Time

Exxon Mobil Corp. released emissions data on customers’ use of its petroleum products for the first time after coming under pressure from investors.

January 5, 2021

Diesel Continues Upward Trend, Rises 0.5¢ to $2.640

The last days of 2020 and the first few of 2021 continued the same trend, with diesel prices rising nationwide.

January 4, 2021

OPEC+ Meets to Discuss Output Hike, With Saudis Urging Caution

Saudi Arabia urged caution as OPEC+ gathered to discuss whether to hike supply again in February, with many countries wary of undermining a fragile recovery.

January 4, 2021

Trucking Braces for ‘COVID Hangover’ and Ongoing Battles in 2021

As the COVID-19 pandemic stretches into 2021, the trucking industry will continue to address coronavirus-related challenges while confronting issues that existed long before most people had ever touched a face mask.

December 29, 2020

Crude Climbs in Wake of Weaker Dollar, Expected Supply Drop

Oil advanced with support from a weaker dollar and expectations of declining U.S. crude inventories.

December 29, 2020

Diesel Rises 1.6¢, Reaches Nine-Month High of $2.635 a Gallon

The U.S. average retail price of diesel rose 1.6 cents to $2.635 a gallon and notched a new nine-month high after first reaching that peak a week earlier, the Energy Information Administration reported Dec. 28. The average price of diesel was $2.659 on March 23.

December 28, 2020