Fuel

The national average price for a gallon of diesel reversed course as it dropped for the first time in more than two months, falling 1 cent to $3.724 a gallon, according to Energy Information Administration data released Nov. 22.

Gov. Ron DeSantis said Nov. 22 he wants to zero out the state’s gas tax for six months and deliver $1 billion of tax relief at the pump so Florida residents can deal with rising costs that are eating into their household budgets.

Europe is growing increasingly reliant on coal to keep the lights on as the weather turns cold, sending the cost of polluting to a record.

COLUMBUS, Ohio – The Ohio House passed a bipartisan bill that would give Lordstown Motors a four-year sales tax exemption on engines, transmissions, batteries, brakes and other components that are unique to the production of electric vehicles.

DETROIT — BrightDrop, a General Motors Co. startup making electric delivery vehicles, said Nov. 18 that Merchants Fleet is planning to expand its purchase order to receive a total of 18,000 BrightDrop EVs.

Power grids from Texas to the Midwest are at risk of blackouts if a prolonged deep freeze sets in this winter, regulators warned Nov. 18.

A fleet of tankers laden with Russian diesel heading to the U.S. East Coast may help to alleviate the most expensive retail prices for the fuel in seven years.

Electric vehicles fare poorly in the latest reliability study from Consumer Reports, with Tesla Inc. and its battery-powered lineup finishing second-to-last for the second straight year. Only Ford Motor Co.’s Lincoln division was worse, the publisher said Nov. 18.

DETROIT — President Joe Biden punched the accelerator on a battery-powered Hummer on Nov. 17, causing the wheels to squeal and the truck to jet forward as he tried to drive the country toward an electric vehicle future.

Releasing oil from the U.S. government’s strategic reserve would have a “short-lived” impact on soaring fuel prices, according to the U.S. Energy Information Administration.