Fuel

PORTLAND, Maine — With inflation raging and state coffers flush with cash, governors and lawmakers across the U.S. are considering a relatively simple solution to help ease the pain people are feeling at the gas pump and grocery store — sending money.

California Gov. Gavin Newsom would send car owners $400 debit cards and partially pause gasoline taxes to address high gas prices, he said March 23.

With the state budget surplus hitting record-breaking levels, Connecticut legislators voted unanimously March 23 to cut gasoline taxes — and talked about reducing more taxes in the future.

LG Energy Solution will invest around $2 billion on increasing output in North America as the South Korean battery maker ramps up production to meet rising demand for electric cars.

Dan Ammann, who led the Cruise self-driving unit of General Motors Co. until December with a mission to reduce traffic and eliminate emissions, has landed at oil giant Exxon Mobil Corp.

Europe is facing the prospect of a shortage of diesel as flows from Russia dwindle in the aftermath of its invasion of Ukraine, senior executives at three trading houses said.

LANSING, Mich. — Electric vehicle battery maker LG Energy Solution plans a $1.7 billion expansion in western Michigan that will add up to 1,200 jobs by 2025, officials announced March 22.

The national average price of diesel reversed course and dropped in price, shedding 11.6 cents to $5.134 a gallon, according to Energy Information Administration data released March 21.

Chevron Corp. plans to operate its California refinery “normally” amid a worker strike that began just after midnight on March 21, potentially limiting the impact on gasoline prices in the state.

ASBURY PARK, N.J. — A wave of new electric vehicle charging stations across the country is coming as interest in alternatives to gasoline-powered vehicles is on the rise, though most of the plans were in the works before recent gasoline price spikes.