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Diesel Increases by a Penny; Gas Climbs Back Above $2

The nationwide average price of a gallon of diesel increased by 1 cent to $2.396, according to the weekly report from the Energy Information Administration on June 8.

June 8, 2020

Nikola Stock Surges 104% on Third Day of Trading

Shares of Nikola Motor Co. surged 104% to a record in its third day of trading on the Nasdaq after a merger with VectoIQ Acquisition Corp.

June 8, 2020

Daimler Truck Coordinates Fuel Cell Activities With New Company

Daimler Truck AG has established Daimler Truck Fuel Cell GmbH & Co., the organizational and legal framework intended to bring together all of the group’s fuel cell activities.

June 8, 2020

BP to Cut 10,000 Jobs Worldwide Amid Pandemic

LONDON — Energy producer BP announced June 8 that it will slash its global workforce by 10,000 jobs as the COVID-19 pandemic slams the oil and gas industry.

June 8, 2020

TA to Add Franchise Sites

TravelCenters of America Inc. announced plans to open three new travel centers in as many weeks during June.

June 5, 2020

Oil Rallies With Strong Jobs Data Adding to OPEC+ Cut Optimism

Oil headed for a sixth weekly gain after OPEC+ reached a tentative agreement to prolong its record production cuts and U.S. jobs data was better than expected.

June 5, 2020

Montana County Votes for Local Gas Tax

Voters in Missoula County, Mont., recently approved a gas tax as a way to finance local transportation projects.

June 4, 2020

GM to Build All-Electric Work Van; Production Set for Late 2021

General Motors Co. will build another all-electric vehicle at its Detroit-Hamtramck plant as it sticks to its goal for an all-electric future.

June 4, 2020

Cristobal Expected to Regain Strength After Storm’s Pass Over Mexico

The hills of the Yucatan Peninsula sapped Tropical Storm Cristobal of some of its power on June 4, but forecasters warn it will likely gain strength as it heads north across the Gulf of Mexico to the U.S coast, where it could bring downpours, high winds and rough surf.

June 4, 2020

Nikola Goes Public; Class 8 Battery-Electric Vehicle Due in 2021

VectoIQ Acquisition Corp.’s stockholders on June 2 voted in favor of the previously announced business combination with Nikola Corp., a startup manufacturer of zero-emission heavy-duty trucks.

June 3, 2020