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.

Government, Fuel

Diesel Bumps Up 1.9¢ to $3.274 a Gallon

The national average price for a gallon of diesel rose 1.9 cents to $3.274, the Energy Information Administration reported.

Roger Gilroy | Senior Reporter
June 7, 2021
Government, Business, Technology, Fuel

US Recovers Millions in Ransom From Colonial Pipeline Hackers

The U.S. recovered almost all the bitcoin ransom paid to the perpetrators of the cyberattack on Colonial Pipeline Co. in May in a sign that law enforcement is capable of pursuing online criminals even when they operate outside the nation’s borders.

June 7, 2021
Government, Business, Fuel

Energy Chief Jennifer Granholm Cites Risk of Cyberattacks Crippling Power Grid

WASHINGTON — Energy Secretary Jennifer Granholm on June 6 called for more public-private cooperation on cyber defenses and said U.S. adversaries already are capable of using cyber intrusions to shut down the U.S. power grid.

June 7, 2021
Government, Business, Technology, Fuel

ChargePoint CEO Sees Electric Pickups Winning Over Americans

The largest vehicle charging network in the U.S. is counting on electric pickup trucks to finally win over American drivers for EVs.

David R. Baker | Bloomberg News
June 4, 2021
Business, Technology, Fuel

Workhorse Soars 83% in Three Days on Newfound Retail Fandom

Troubled electric truck startup Workhorse Group Inc. has become the latest darling of retail traders, who have pushed its share price up 83% in just three trading sessions.

Esha Dey | Bloomberg News
June 3, 2021
Government, Business, Technology, Fuel

Rise of Electric Vehicles Presents Questions About Transportation Funding

While electric vehicles and alternative fuels contribute to reducing greenhouse gas emissions, their continued adoption forces states to rethink transportation funding sources that currently come from taxes on diesel and gasoline.

Eleanor Lamb | Staff Reporter
June 3, 2021
Business, Technology, Fuel, Autonomous

Cheeseburger While You Charge? Musk Pursues Tesla Restaurant Concept

Move over, In-N-Out Burger. Elon Musk, CEO of Tesla Inc., is one step closer to opening a diner.

Hannah Elliott | Bloomberg News
June 2, 2021
Government, Business, Fuel

American Travel Spree Proves Market Right to Be Bullish on Oil

From bustling U.S. airports to surging demand for gasoline, all signs from this past Memorial Day weekend reaffirm the oil market’s bet that Americans will be out traveling in force this summer.

June 2, 2021
Government, Fuel

Diesel Price Nearly Flat; Increase Is Only Two-Tenths of a Cent

The national average price of diesel barely moved this past week, inching up two-tenths of a cent, according to Energy Information Administration data released May 31.

Dan Ronan | Senior Reporter
June 1, 2021
Government, Business, Fuel

Oil Tops $70 a Barrel for First Time Since 2019

Oil resumed its advance, reaching the highest settlement in more than two years with the OPEC+ alliance forecasting a tightening global crude market and a nuclear deal with Iran still up in the air.

June 1, 2021