Fuel
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.
Diesel Rises 3.6¢ to $4.055 in Seventh Straight Increase
The national average price for diesel continued to climb, albeit at a slower rate, rising 3.6 cents to a nearly nine-year-high of $4.055 a gallon, according to Energy Information Administration data released Feb. 22.
TMC to Tackle Electrification in First Annual Meeting Since 2020
American Trucking Associations’ Technology & Maintenance Council plans to focus its annual meeting on electrifying performance in maintenance management.
Nikola Projects Delivering 300 to 500 Electric Trucks This Year
Nikola Corp. said it will start full-scale output of battery-electric trucks next month and deliver between 300 and 500 of the big rigs to customers this year. Its shares rose despite a slump in the broader market.
Oil Soars Past $100 After Russia Attacks Ukraine
Oil surged above $105 a barrel for the first time since 2014 after Russia attacked sites across Ukraine, triggering fears of a disruption to energy exports at a time of already tight supplies.
February 24, 2022Ford CEO Farley: No Plan to Spin Off EV Business
DETROIT — Ford Motor Co. CEO Jim Farley says the automaker has no plans to spin off its electric vehicle or internal combustion businesses, but is reinventing itself by removing costs and ramping up for large-scale EV and software sales.
TravelCenters of America Reports Strong Q4 Results
TravelCenters of America Inc. reported fourth-quarter net income soared and revenue nearly doubled.
Biofuel Maker Renewable Energy Explores Sale Options
Renewable Energy Group Inc., a green diesel maker, is exploring options after receiving takeover interest, including selling itself, according to a person familiar with the matter.
EPA Slams USPS Plan for Mostly Gas-Powered Mail Trucks
The U.S. Postal Service has finalized a contract to replace its mail truck fleet with almost all gasoline-powered models, drawing an angry response from Biden administration officials who unsuccessfully pushed the agency to buy electric vehicles instead.
Chevron Aims to Lower Emissions at Five US Well Sites
Chevron Corp. is looking to show it can lower methane emissions at five oil well sites in Texas and Colorado as part of an industry push into “responsibly sourced” gas.
Biden Wants to Cut Into China’s Electric Battery Dominance
SACRAMENTO, Calif. — President Joe Biden highlighted his efforts to counter China’s dominance of the electric battery market on Feb. 22 as he touted domestic efforts to mine and process lithium and rare metals necessary to create the technology that powers cars, electronics, wind turbines and more.