Fuel

The Pipeline and Hazardous Materials Safety Administration is seeking ideas for leading-edge research and innovative techniques to advance the safe transportation of hazardous materials.

The U.S. sees limited domestic oil production growth through next year despite rising oil prices and rebounding demand.

Stellantis NV is leaning toward building its third European battery plant in Italy after Chairman John Elkann met with government officials in Rome earlier this week, according to people familiar with the discussion.

The national average price for a gallon of diesel rose 3.1 cents to $3.331 a gallon, according to Energy Information Administration data released July 5.

U.S. gasoline consumption in the week leading up to the Independence Day holiday may have been the highest since 2019, adding to signs of recovery from the pandemic travel slump, analysts said.

Biden administration officials are “encouraged” by ongoing OPEC talks and have spoken with officials in Saudi Arabia and the United Arab Emirates in hopes of reaching an agreement to stem the rise in crude prices, White House Press Secretary Jen Psaki said.

OPEC+ infighting has deprived the oil market of extra supply and sent crude surging to a six-year high in New York.

Daimler AG, Volvo AB and Traton SE plan to set up a joint venture for a high-performance charging network for battery-electric trucks and coaches across Europe to keep up with tightening regulation in the European Union.

Trucking and oil industry experts are warning of possible delays in fuel deliveries during the peak of the summer driving season as the pinch from the driver shortage — particularly among tanker truck drivers — could slow down service to fueling stations.

Groendyke Transport has increased pay rates for more of its drivers as part of the second phase of a larger driver pay initiative, the company announced July 1.