Fuel

About Fuel News...

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.

Government, Fuel

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, 2021
Government, Business, Fuel

Oil 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.

Alex Longley | Bloomberg News
November 8, 2021
Business, Technology, Equipment, Fuel

$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.

Crystal Tse | Bloomberg News
November 5, 2021
Business, Technology, Fuel

Sensata Adds EV Charging Products

Sensata Technologies announced new custom-designed high-voltage junction box solutions for charging commercial electric vehicles.

November 5, 2021
Government, Business, Technology, Equipment, Fuel

DOE 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.

Connor D. Wolf | Staff Reporter
November 5, 2021
Government, Business, Technology, Fuel, Logistics

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, 2021
Government, Business, Fuel

OPEC+ 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, 2021
Business, Equipment, Fuel

TravelCenters 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.

Roger Gilroy | Senior Reporter
November 2, 2021
Government, Business, Fuel

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.

Matthew Brown | Associated Press
November 2, 2021
Business, Technology, Equipment, Fuel

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.

Roger Gilroy | Senior Reporter
November 2, 2021