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.

Business, Technology, Fuel

Cummins to Add 15-Liter Natural Gas Engine to Lineup

Cummins Inc. announced it will bring to market a 15-liter natural gas engine for heavy-duty trucks.

October 14, 2021
Business, Technology, Fuel

Ford Exits Rivian Board Ahead of Startup’s IPO

Ford Motor Co. has vacated its seat on the board of Rivian Automotive Inc. as the electric truck startup prepares to go public with an expected valuation of $80 billion.

Keith Naughton | Bloomberg News
October 13, 2021
Government, Fuel

Biden Aides Meet on Rising Fuel Prices

Top administration officials met the evening of Oct. 12 to discuss rising gasoline and natural gas prices, as President Joe Biden faces intensifying pressure to keep a lid on inflation that threatens the economic recovery and Democrats’ political ambitions.

October 13, 2021
Government, Fuel

Diesel Surges 10.9¢ to $3.586 a Gallon

The national average price for diesel surged 10.9 cents to $3.586 a gallon, according to Energy Information Administration data released Oct. 11.

Dan Ronan | Senior Reporter
October 12, 2021
Business, Technology, Safety, Fuel, Autonomous

Lucid Says Air Sedan Will Be First US Car to Use Lidar

Lucid Group Inc. said its debut battery-electric vehicle will be the first production car in the U.S. to include a purpose-built laser sensor, or lidar, enabling a broad range of advanced driver-assistance features.

Ed Ludlow | Bloomberg News
October 12, 2021
Business, Equipment, Safety, Fuel

GM Gets LG to Cover $1.9 Billion in Bolt EV Recall Costs

General Motors Co. said it reached an agreement with partner LG Electronics Inc. to recover from the South Korean company $1.9 billion of the $2 billion in costs for a recall of batteries in its Chevrolet Bolt electric vehicle.

David Welch | Bloomberg News
October 12, 2021
Business, Technology, Equipment, Fuel

Stellantis to Turn Turin Factory Into Electric Car Hub

Stellantis NV is seeking to retool its iconic Turin factory into an electric-vehicle hub, moving production of two Maserati luxury models to the Mirafiori plant as part of a decision that will safeguard jobs in the EV shift.

October 12, 2021
Business, Fuel

Crude Closes Above $80 With Energy Crisis Boosting Demand

West Texas Intermediate crude closed above $80 a barrel for the first time since late 2014 as a growing power crisis from Europe to Asia boosts demand for oil ahead of winter.

Julia Fanzeres | Bloomberg News
October 12, 2021
Business, Technology, Equipment, Fuel, Autonomous

Elon Musk Now Dominating the World’s Richest List

Elon Musk is pulling away from the rest of the world when it comes to personal wealth.

Scott Carpenter | Bloomberg News
October 8, 2021
Business, Fuel

TravelCenters Opens TA Express in Almeda, Texas

TravelCenters of America said Oct. 7 that it opened a new TA Express travel center in Almeda, Texas.

October 8, 2021