Fuel

Natural gas futures plummeted as much as 12% in the U.S. as forecasts shifted warmer through the middle of next month, allaying concern about tight domestic supplies amid a global shortage of the heating fuel.

Electric truck maker BYD Motors announced it will deliver five of its battery-electric refuse trucks to New Jersey, in what it said was the first such deployment in that state.

BUDAPEST, Hungary — From appliance stores in the United States to food markets in Hungary and gas stations in Poland, rising consumer prices fueled by high energy costs and supply chain disruptions are putting a pinch on households and businesses worldwide.

TOKYO — Nissan said Nov. 29 it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup.

Nikola Corp.’s founder sold his biggest batch of shares since the U.S. charged him with securities fraud, bringing the total he has disposed of since August to $284 million.

Senators returning to Capitol Hill after the Thanksgiving recess are scheduled to kick off debate on a nearly $2 trillion budget package that aims to promote severe-weather resilience and reduce congestion across mobility networks.

Employees at electric truck maker Xos decided something was equally vital as strong financial metrics: performing acts of generosity within the community.

Transportation leaders from around the globe discussed shared challenges during the first in-person meeting in two years of the International Road Transport Union, with supply chain snarls, a shortage of drivers and environmental issues at the top of the agenda.

President Joe Biden on Nov. 23 ordered 50 million barrels of oil released from the nation’s strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including China, India and the United Kingdom.

President Joe Biden is preparing to announce a release of oil from the nation’s Strategic Petroleum Reserve in concert with several other countries as soon as Nov. 23, according to people familiar with the plan.