Tesla, recognizing as imperative its ability to produce a cheaper electric car, told employees Jan. 18 that it must cut 7% of its workforce.
January 18, 2019Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
US Could Soon Pump More Crude Than Saudis Can at Their Peak
Propelled by the shale-oil boom, the U.S. is already producing more crude than either Russia or Saudi Arabia, who until recently vied for the top spot. By midyear America will go one better.
January 18, 2019EPA’s Andrew Wheeler Gets Mixed Reviews at Confirmation Hearing
Characterizations of Andrew Wheeler’s tenure as acting administrator of the U.S. Environmental Protection Agency fell mostly along party lines during his confirmation hearing to lead the agency
January 17, 2019Oil Gains as US Stockpiles Seen Falling, China Plans Tax Cuts
Oil rose amid estimates of another decline in U.S. crude inventories and signs that China is stepping up efforts to combat an economic slowdown.
January 15, 2019Capitol Agenda for the Week of Jan. 14: The Transportation Industry's Big 12
Organizers for this year's gathering of the Transportation Research Board in Washington have come up with a list of a dozen topic areas that policymakers need to address to ensure a sustainable transportation network.
January 15, 2019Diesel Down 3.7¢ to $2.976 a Gallon in 13th Straight Decline
The U.S. average retail price of diesel dropped 3.7 cents to $2.976 a gallon, the U.S. Energy Information Administration reported Jan. 14, even as crude oil prices climbed above $50 per barrel.
January 15, 2019Fuel Producers, ATA Seek Supreme Court Review of Oregon Low-Carbon Fuel Program
American Fuel & Petrochemical Manufacturers and American Trucking Associations have asked the U.S. Supreme Court to reject an appeals court ruling that upheld the state of Oregon’s program to reduce the carbon intensity of fuel by 10% by 2025.
January 14, 2019Petroleum Industry Meeting World Demand While Polluting Less, Institute Reports
The U.S. petroleum industry is meeting record world demand while decreasing the amount of carbon emissions released into the skies, but challenges lie ahead if it hopes to maintain that momentum, according to the American Petroleum Institute’s annual report, “State of American Energy 2019.â€
January 14, 2019Pollution Worsened in 2018 Because of Two Overlooked Sectors, Research Suggests
In the debate over climate change, the heaviest polluters — think: power plants, trucks and cars — get the most attention from policymakers. New research suggests a broader view might be called for.
January 8, 2019Oil Extends Longest Rally in 17 Months as Supplies Seen Tighter
Oil extended its longest run of daily gains in 17 months on renewed efforts by the U.S. and China to reach a trade deal, and expectations the market will be tightened by OPEC’s output cuts.
January 8, 2019