Fuel

REHOBOTH BEACH, Del. — President Joe Biden said June 20 that he will decide by the end of the week whether he would support a federal gasoline tax holiday, possibly saving U.S. consumers as much as 18.4 cents a gallon.

Tesla Inc. was sued by some former employees who claim the company’s decision to lay off about 10% of its workforce violated federal law by failing to provide the required advance notice for the job cuts.

Volvo Trucks North America announced Nacarato Truck Centers, a third-generation family-run dealership group, completed the required training and facility updates to become its first certified electric vehicle dealership in Tennessee at its La Vergne location, servicing the greater Nashville market.

Rochester, N.Y.-based Hyzon Motors announced the signing of a definitive agreement to acquire Orten Betriebs and subsidiaries, and Orten Electric Trucks, German manufacturers of innovative truck and trailer bodies for the beverage industry.

Top Biden administration officials are weighing limits on exports of fuel as the White House struggles to contain gasoline prices that have topped $5 per gallon.

A top executive at engine manufacturer Cummins Inc. believes current high fuel prices could compel fleets to take a longer term look at hydrogen and electric-powered vehicles, and sees opportunity for each one in commercial transportation.

The Advanced Clean Truck Rule, which will require manufacturers to increase their zero-emissions truck sales by a growing percentage starting in 2025, has now been adopted by six states. At the same time, Cummins has unveiled a new strategy to reduce the negative impacts of its products as well as collaborate with various industry stakeholders in order to reach net-zero emissions by 2050. With designs to supply Freightliner with a hydrogen fuel cell powertrain for the heavy-duty Cascadia model, is hydrogen the first step to a cleaner industry? President and COO of Cummins, Jennifer Rumsey joins TT's Dan Ronan to discuss how the company is changing existing products and developing new ones, collaborating with Trillium to help customers integrate alternative fuel technologies into their fleets, and how important it is to start reducing emissions today.

TravelCenters of America CEO Jonathan Pertchik said the company has not experienced a shortage of diesel of late amid tight supplies.

WASHINGTON — The Biden administration proposed June 15 that future planes produce lower levels of greenhouse gas emissions before they can be certified by federal regulators.

President Joe Biden told U.S. oil refiners that unprecedented profit margins are unacceptable and called for “immediate action” to improve capacity as the soaring price of gasoline feeds record inflation and fears of a recession.