Fuel

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Business, Technology, Fuel

Hexagon Doubles Natural Gas System Output With Plant Move

Hexagon Agility opened an assembly and installation plant in Rialto, Calif., on Nov. 21, a move designed to double the natural gas fuel system supplier’s production capacity, it said.

Keiron Greenhalgh | Staff Reporter
November 21, 2024
Government, Business, Fuel

Europe, US Push for Oil Funding Curbs Deal to Outlast Trump

The EU, US and other countries are hammering out a plan to throttle tens of billions of dollars of financial support for foreign oil and gas projects before Donald Trump moves into the White House.

November 20, 2024
Business, Technology, Fuel

Exxon Signs Deal to Supply Lithium to Battery Maker LG Chem

Exxon has signed a preliminary agreement to provide battery metal lithium to an LG Chem plant in the U.S., strengthening the oil major’s role in the domestic critical minerals supply chain.

Yvonne Yue Li | Bloomberg News
November 20, 2024
Government, Business, Technology, Fuel

EV Demand Could Drop 27% Without Tax Credit

Still, because EVs account for a small percentage of new car sales, removing the credit would have little impact on gasoline demand.

Maggie Eastland | Bloomberg News
November 19, 2024
Government, Business, Technology, Fuel

Kansas Hydrogen Hunt Seen Fueling New Energy Revolution

A new Gold Rush is taking shape on a quiet stretch of Kansas prairie. There, a clutch of startups backed by the likes of Bill Gates are searching below the surface for hydrogen.

November 19, 2024
Government, Business, Technology, Fuel

Trump Targets Auto Mileage Rules He Blasted as ‘EV Mandate'

The incoming Trump administration is looking to slash fuel-efficiency requirements for new cars and light trucks as part of plans to unwind Biden policies he has blasted as an “EV mandate."

November 19, 2024
Government, Business, Fuel

Florida Man Facing Federal Prison Time for Biofuel Fraud

A Florida man is facing up to five years in federal prison after pleading guilty to wire fraud and filing false claims after overstating biodiesel credits that were reported to the IRS and EPA.

Noël Fletcher | Staff Reporter
November 19, 2024
Business, Technology, Fuel

Voltera Raises $50 Million to Boost Expansion Plans

Voltera also raised $100 million in debt financing in August. The funds will also be used for building out the company’s planned network of charging sites.

Keiron Greenhalgh | Staff Reporter
November 19, 2024
Government, Business, Fuel

Oil Glut Set to Thwart Trump’s Call to ‘Frack, Frack, Frack’

President-elect Donald Trump’s vows to “frack, frack, frack” are about to collide with a global crude glut that’s set to, finally, temper record shale production.

November 19, 2024
Government, Fuel

Diesel Price Drops 3¢ to $3.491 a Gallon

The national average diesel price dropped 3 cents to $3.491 a gallon in its third straight decline, according to U.S. Energy Information Administration data released Nov. 18.

November 18, 2024