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Diesel Slips 0.1¢ to $3.050 a Gallon

The U.S. average retail price of diesel dropped by 0.1 cent to $3.050 a gallon, the Department of Energy reported Oct. 21.

October 21, 2019

Exxon Trial Probes How Oil Giant Accounts for Climate Change

NEW YORK — New York’s attorney general is accusing Exxon Mobil of lying to investors about how profitable the company will remain as governments impose stricter regulations to combat global warming.

October 21, 2019

Trump Says China Signals Trade Talks on Target for November Deal

President Donald Trump said China has indicated that negotiations over an initial trade deal are advancing, raising expectations the nations’ leaders could sign an agreement at a meeting next month in Chile.

October 21, 2019

World’s Priciest Oil Auction May Raise $50 Billion in Brazil

An auction next month of oil fields in Brazil may be the priciest ever held, raising at least $50 billion in licensing fees and compensation, according to people familiar with government estimates.

October 21, 2019

Infrastructure Advocacy Caucus Gives Voice to the Future

With the launch of the Future of Transportation Caucus, some members of Congress hope to shift the focus of transportation debates from funding to policy. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

October 21, 2019

Japan Rushes to Establish LNG Bunkering Hub

A United Nations-led call for action to tighten sulfur oxide emissions also may be a trigger accelerating a shift to natural gas as fuel for the global shipping fleet, and Japan is wasting no time trying to establish a refueling hub in Asia.

October 21, 2019

US House Members Propose Reforms to Infrastructure Construction Process

Legislation that seeks to advance infrastructure projects through innovative and open competition among suppliers recently was introduced by a bipartisan group of policymakers in the U.S. House of Representatives.

October 21, 2019

Russia Willing to Pay to Lure Shippers to the Arctic

Russia wants to make its Arctic waters more attractive to shippers than the Suez Canal and could be willing to compensate for potential risks to make that happen.

October 21, 2019

Shell Quits Kazakh Oil Projects After Judging Them Uneconomic

Royal Dutch Shell Plc abandoned two oil projects off Kazakhstan after stubbornly high costs made them uneconomic.

October 21, 2019

China’s Economic Slowdown Deepens, Weighing on Global Growth

BEIJING — China’s economic growth sank to a new multidecade low in the latest quarter as a trade war with the U.S. deepened a slump that is weighing on the global economy.

October 18, 2019