Oil Futures Fall 7.5%, Largest Decline Since September
Oil was the biggest loser in a broad market selloff after OPEC+ agreed to boost crude supply as a resurgent virus shook investor confidence in the global economic recovery.
July 19, 2021Indiana Gives Utilities $5.5 Million to Build EV Charging Network
If you build it, they will come. At least that’s what the state of Indiana and its utilities are hoping for when it comes to charging stations and electric vehicles.
July 19, 2021Chevron, Cummins Look to Partner on Hydrogen
Chevron U.S.A. Inc., through its Chevron Products Co. division, and Cummins Inc. announced a memorandum of understanding to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources.
July 19, 2021GM Announces Ultium Charge 360
General Motors announced its Ultium Charge 360 fleet-charging service, a comprehensive approach designed to help make the switch to electric seamless for fleet customers by connecting them with services, features and resources.
July 19, 2021Sunbelt Rentals Orders Peterbilt’s 579EV Class 8 Model
Peterbilt Motors Co. announced an order from Sunbelt Rentals for five of its heavy-duty battery-electric Model 579EVs intended to deliver rental machinery.
July 16, 2021States’ Road Usage Charge Programs May Offer Model for Federal System, Experts Say
Road usage charge initiatives at the state level can offer models for a federal program, which should be formulated sooner rather than later, according to experts gathered at a transportation funding event.
July 14, 2021UK Vows to End Sales of New Petrol, Diesel Heavy Vehicles by 2040
The U.K. will end the sale of all new diesel and petrol heavy goods vehicles by 2040 and ultimately decarbonize all modes of domestic transport by 2050, under government plans.
July 14, 2021Oil Tops $75 a Barrel, Hitting 33-Month High
Oil rose to the highest price in more than 2 1/2 years as prospects of an imminent flood of crude exports from Iran and other major producers waned while the International Energy Agency warned of a deepening supply crunch.
July 13, 2021‘Fragile’ Jet Fuel Supply Chain Could Ground Firefighting Aircraft
BOISE, Idaho — Airport officials facing jet fuel shortages are concerned they’ll have to wave off planes and helicopters that drop fire retardants during what could be a ferocious wildfire season, potentially endangering surrounding communities.
July 13, 2021Electrify America to Double EV Charging Stations by 2025
SILVER SPRING, Md. — Electrify America, an electric vehicle charging network funded with money paid by Volkswagen as punishment for its emissions cheating scandal, said it plans to more than double its number of charging stations throughout the United States and Canada.
July 13, 2021