California is considering a formal, public counter-proposal to President Donald Trump’s proposed rollback of fuel and pollution requirements for cars and trucks.
October 4, 2018Search
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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.
Michigan, Canadian Pipeline Company Reach Agreement
TRAVERSE CITY, Mich. — Michigan Gov. Rick Snyder’s administration and Canadian pipeline giant Enbridge have agreed to replace twin 65-year-old crude oil pipes in a channel linking two of the Great Lakes with another that would run through a tunnel far below the lake bed.
October 3, 2018Troubled $4.6 Billion Shale Pipe Hits New Snag on Ruling
A $4.6 billion shale gas pipeline that already has been delayed by about a year is facing another setback after a court vacated a key permit.
October 3, 2018Diesel Spikes 4.2¢ to $3.313 a Gallon
The U.S. average retail price of diesel spiked 4.2 cents to $3.313 a gallon as oil prices climbed to levels not seen in four years. Besides oil prices being at a four-year high, diesel is at its highest price since Dec. 15, 2014, when it was $3.419.
October 1, 2018Tesla’s Elon Musk Out as Chairman, Stays as CEO in SEC Settlement
Elon Musk will give up the role of Tesla Inc. chairman and pay a $20 million penalty to settle fraud charges brought by the U.S. over his claims about taking the company private.
September 29, 2018Oil Industry Money Pours Into Fight Over Washington Carbon Fee
A campaign bankrolled by the oil industry has raised $20.46 million to defeat a carbon-pollution fee on the ballot in Washington state aiming at tackling climate change.
September 28, 2018Consumer Spending Up 0.3% in August
U.S. consumer spending edged up a moderate 0.3% in August, the smallest gain in six months, as sales of cars and other durable goods fell.
September 28, 2018Ex-Pilot Flying J President Mark Hazelwood Sentenced to 12½ Years
Former Pilot Flying J President Mark Hazelwood was sentenced to 12½ years in prison and fined $750,000 on Sept. 26 for his leadership role in a multimillion-dollar scheme to cheat truckers out of diesel fuel rebates.
September 26, 2018Construction on Keystone XL Pipeline Set to Start in 2019
LINCOLN, Neb. — The developer of the Keystone XL oil pipeline plans to start construction next year, after a U.S. State Department review ordered by a federal judge concluded that major environmental damage from a leak is unlikely and could quickly be mitigated, a company spokesman said Sept. 24.
September 25, 2018Shipping Lobby Proposes Phased Start to Historic Fuel Change
The shipping industry is pressing for a phased start when new rules governing vessel fuel take effect in less than 16 months’ time.
September 25, 2018