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, Business, Technology, Equipment, Safety, Fuel

Biden Executive Order Calls on Agencies to Prioritize 'Environmental Justice'

A sweeping executive order from President Joe Biden calls for a review of all Trump-era environmental regulations with a focus on the issue of “environmental justice,” an effort to cut greenhouse gas emissions in low-income and minority communities across the United States that, in many cases, are located near where heavy trucks operate.

Eric Miller | Senior Reporter
March 9, 2021
Government, Business, Fuel

Giant Oil Tankers Are Losing Almost $7,000 a Day Amid OPEC Cuts

Times are getting tougher by the day for oil tanker owners.

Alex Longley | Bloomberg News
March 9, 2021
Business, Technology, Fuel

Tesla Roars Toward Biggest Gain in Over a Year

Investors rushed back into Tesla Inc. shares on March 9, putting a screeching halt to a five-day slump, and pushing the stock to its biggest gain in more than a year.

Esha Dey | Bloomberg News
March 9, 2021
Government, Business, Safety, Fuel

Biden Faces Tougher Obstacles for Broad Relief Bill Sequel

President Joe Biden’s soon-to-be-unveiled longer-term economic stimulus package is set for far tougher obstacles in Congress than the pandemic-relief bill that’s on the verge of squeaking through without a single Republican’s backing.

March 9, 2021
Business, Technology, Fuel

Rivian Seeks 3-in-a-Row EV Debuts, Defying History

Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc., is running the automotive equivalent of a three-ring circus: attempting to launch a trio of new vehicles in a factory that made its last car six years ago.

March 9, 2021
Government, Fuel

Diesel Rises 7.1¢ to $3.143 a Gallon

The national average price for a gallon of diesel increased 7.1 cents to $3.143 a gallon, according to data released by the Energy Information Administration on March 8.

March 8, 2021
Business, Fuel

Workhorse Rises After Lawmaker Seeks Probe of Big Oshkosh Trade

Workhorse Group Inc. rose after a U.S. lawmaker raised questions about a $54.2 million late-day block trade in competitor Oshkosh Corp. on the eve of a blockbuster U.S. Postal Service contract award.

March 8, 2021
Business, Technology, Fuel

In Wake of Outages, Tesla Plugs Secret Battery Into Texas Grid

The move marks Tesla Inc.’s first major foray into the epicenter of the U.S. energy economy.

Dana Hull and Naureen Malik | Bloomberg News
March 8, 2021
Government, Business, Fuel

European Gasoline Diverted to Texas to Ease Supply Crunch

Five gasoline tankers that were en route to the U.S. East Coast diverted to the Port of Houston to help ease a supply crunch after last month’s freeze crippled the region’s refineries.

Jeffrey Bair | Bloomberg News
March 8, 2021
Business, Fuel

Oil Soars Above $66, Highest in Two Years

Oil rallied to the highest in nearly two years in New York after OPEC+ shocked markets with a decision to keep supply limited as the global economy starts to recover from the pandemic-driven slump.

March 5, 2021