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 0.3¢ to $3.730 a Gallon
The national average for diesel barely budged, nudging up three-tenths of a cent to $3.730 a gallon, according to Energy Information Administration data released Nov. 8.
November 8, 2021Oil Pares Gains as US Comments Counter Signs of Strong Market
West Texas Intermediate pared earlier gains after U.S. Energy Secretary Jennifer Granholm told MSNBC that President Joe Biden may make an announcement to address high oil and gasoline prices this week.
$10 Billion Rivian IPO Would Be Seventh-Largest on Record
Rivian Automotive Inc., the electric truck maker backed by Amazon .com Inc., has elevated the marketed range of its initial public offering to raise as much as $10 billion.
Sensata Adds EV Charging Products
Sensata Technologies announced new custom-designed high-voltage junction box solutions for charging commercial electric vehicles.
November 5, 2021DOE Provides $128 Million for Electrified Truck Development
The Department of Energy's Office of Energy Efficiency and Renewable Energy is providing funding to five original equipment manufacturers as part of its SuperTruck 3 initiative.
Shipping Firms Seek Investments in Technology to Cut Emissions
GLASGOW, Scotland — Major shipping companies on Nov. 5 called for governments to put more money into researching and developing cleaner technologies to help the industry reduce its greenhouse gas emissions.
November 5, 2021OPEC+ Rejects Biden’s Plea for Bigger Oil-Supply Increase
OPEC and its allies will stick to their slow pace of oil-production increases, disregarding President Joe Biden’s demand to go faster.
November 4, 2021TravelCenters of America Posts Higher Net Income, Revenue in Q3
TravelCenters of America Inc. saw net income and revenue climb in the third quarter amid strength in nearly all business lines.
US Says Oil, Gas Sales Damage Climate — But Won’t Stop Them
The Biden administration is planning to sell oil and gas leases on huge tracts of public land in the U.S. West, despite the Interior Department’s conclusion that doing so could cost society billions of dollars in climate change impacts.
Cummins Posts Q3 Income, Revenue Gains
Cummins Inc. reported strong medium- and heavy-duty engine sales amid global growth, despite moderating demand in China, led to increased net income and revenue in the fiscal third quarter.