Fuel

Retail fuel outlets such as truck stops and gas stations say they are seriously weighing investment in electric vehicle chargers, but face such challenges as customer “range anxiety,” high utility charges for electricity and political policy uncertainties.

Workhorse Group Inc. shares plunged Sept. 22 to their lowest since May after the embattled electric vehicle maker said it will suspend deliveries of its vans and recall units it has already delivered.

Redwood Materials Inc., the startup founded by Tesla alum J.B. Straubel, has formed a partnership with Ford Motor Co. to recycle and reuse key ingredients within the lithium-ion batteries that will power the automaker’s burgeoning fleet of electric vehicles.

Truck tonnage in August notched its first sequential monthly gain in five months, and dipped just slightly on a year-over-year basis, American Trucking Associations said.

OPEC and its allies can likely continue reviving oil production, two key Middle East members said as the group prepares to consider its next supply hike.

ConocoPhillips’ $9.5 billion deal to buy shale assets from Royal Dutch Shell Plc will boost oil production and, inevitably, greenhouse gas emissions as well. Yet the company says the pact will actually allow it to reach one of its climate goals faster.

The national average price of diesel increased 1.3 cents to $3.385 a gallon one week after remaining virtually unchanged, according to Energy Information Administration data released Sept. 20.

General Motors said Sept. 20 that production has resumed for battery modules used in recalled Chevrolet Bolt electric vehicles, and customers could start getting replacement parts by mid-October.

Royal Dutch Shell Plc warned that production from two of its largest Gulf of Mexico fields won’t resume until next year after Hurricane Ida inflicted “significant structural damage.”

Kruger Energy announced it purchased two Class 8 Model 579EV trucks from Peterbilt Motors Co., marking the first of the vehicles the truck maker has sold in Canada.