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CARB’s Biofuel Changes Raise Concern

American agriculture groups are decrying California’s planned 20% cap on U.S.-made canola- and soy-based biodiesel and renewable diesel that could tip the market toward foreign sources.

August 28, 2024

Diesel Price Drops 3.7¢ to $3.651 a Gallon

The national average diesel price decreased by 3.7 cents to settle at $3.651 per gallon, according to U.S. Energy Information Administration data released Aug. 26.

August 26, 2024

US Oil Dominance Hinges on Quiet Corner of New Mexico

Two New Mexico counties accounted for 17% of all onshore oil output in the contiguous U.S. last year.

August 26, 2024

Halliburton Warning Oil Clients After Cybersecurity Attack

Halliburton, the world’s biggest provider of fracking services, said it is alerting customers and other stakeholders after an unauthorized third party gained access to some of its systems.

August 23, 2024

29 Mariners Rescued From Oil Tanker Hit in Red Sea Attacks

DUBAI, United Arab Emirates — A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack in the Red Sea, officials said Aug. 22.

August 22, 2024

Minnesota Fuel Taxes to Jump 12% in 2025 Due to New Law

Minnesota’s motor fuel taxes will jump by nearly 12% starting Jan. 1 for diesel, gasoline, biodiesel and other fuels because of a state law passed last year.

August 21, 2024

Tesla Gets Lower EU Tariff Than Chinese Rivals in Draft Plan

For Tesla Inc., the 9% tariff is relatively welcome news, as it’s lower than what other manufacturers face.

August 20, 2024

Average Diesel Price Slips 1.6¢ to $3.688 a Gallon

The national average diesel price decreased by 1.6 cents, settling at $3.688 per gallon as of Aug. 19, according to U.S. Energy Information Administration data.

August 19, 2024

USDA Seeks Easier Rules for Crops to be Used in Green Fuels

The U.S. Department of Agriculture is pushing for eased tax credit requirements regarding crops used as ingredients in the production of renewable fuels, according to Secretary Tom Vilsack.

August 16, 2024

Missouri Awarding Grants to Lift Biodiesel, Ethanol Output

The Biofuel Infrastructure Incentive Program, administered by MASBDA, will award grants to biofuel retailers, distributors, terminal companies or fleet operations.

August 14, 2024