Fuel

NEW YORK — Trevor Milton, the founder and one-time executive chair of Nikola Corp., surrendered July 29 in New York to face charges alleging he lied about the electric and hydrogen-powered truck startup, duping some financially struggling novice investors looking for income during the pandemic.

Pennsylvania’s transportation funding panel has proposed gas-tax alternative options that include a doubling of vehicle registration fees, which a state trucking leader said would lead to interstate trucking companies registering their trucks in other states.

A federal judge on July 28 granted a request by federal prosecutors to dismiss criminal charges against former Pilot Flying J President Mark Hazelwood and two other former company executives, all of whom were scheduled to be retried early next year on charges related to a massive diesel fuel rebate scheme.

The leaders of the U.S. Senate’s freight committee called on the Biden administration, congressional colleagues and private industry stakeholders to enhance security operations following the cyberattack on Colonial Pipeline.

Federal prosecutors have asked a federal judge to dismiss criminal charges against former Pilot Flying J President Mark Hazelwood and two other former company executives, all of whom were scheduled to be retried early next year on charges related to a massive diesel fuel rebate scheme.

WASHINGTON — In a major step against climate change, President Joe Biden is proposing a return to aggressive Obama-era vehicle mileage standards over five years. He’s then aiming for even tougher antipollution rules after that to forcefully reduce greenhouse gas emissions and nudge 40% of U.S. drivers into electric vehicles by decade’s end.

Minnesota is the latest state — and the first in the Midwest — to adopt California’s stricter tailpipe emission standards and mandate for automakers to get more zero-emission vehicles onto sales lots.

The national average price for a gallon of diesel dipped two-tenths of a cent to $3.342 a gallon, according to Energy Information Administration data released July 26.

Lordstown Motors Corp., the electric-vehicle startup struggling to find cash to move into production, reached a deal to sell as much as $400 million in stock over the next three years to an investment fund managed by Yorkville Advisors Global.

A shortage of jet fuel, coupled with supply chain issues and an urgent demand from firefighting aircraft, continues to cause problems at airports around the West.