Fuel

It’s been a tailwind for oil prices for most of this year, but the previously booming U.S. gasoline market is showing a few signs of cooling off.

A German plant reportedly will take a break this month, in addition to two model lines in Shanghai, Bloomberg reported.

The growing shortage of technicians serving the trucking industry is a critical problem for fleet maintenance managers. But you can keep your fleet on the road and retain great talent with these tips from George Arrants and the ASE Foundation. Download the tip sheet here.

The U.S. Energy Information Administration is delaying its weekly release of national diesel prices for a third week in a row due to network issues, it announced June 30.

Safety measures are being developed to deal with the special properties of hydrogen as the pace quickens to bring heavy-duty fuel-cell trucks to market.

Federal researchers hope in July to reach a key milestone to refuel heavy-duty fuel-cell hydrogen trucks in 10 minutes, paving the way to prototype hardware and protocols for fueling stations.

Hyliion Inc. announced it is collaborating with Cummins Inc. to bring Hyliion’s natural gas extended range powertrain to North American trucking on schedule.

President Joe Biden said Americans will have to stomach high gas prices “as long as it takes” to beat back Russian President Vladimir Putin’s invasion of Ukraine.

NEW YORK — The OPEC oil cartel and allied producing nations decided June 30 to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation plaguing the global economy.

BILLINGS, Mont. — The U.S. government this week is holding its first onshore oil and gas drilling lease auctions since President Joe Biden took office after a federal court blocked the administration’s attempt to suspend such sales because of climate change worries.