Fuel
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.
Missouri Lawmakers May Ask Voters to Raise Gas Tax in 2021
JEFFERSON CITY, Mo. — Two years after Missouri voters decisively rejected a proposal to raise Missouri’s gasoline tax, the leader of the Senate wants a do-over.
Oil Slips From Nine-Month High With Markets in Risk-Off Mode
Oil fell from its strongest close in nine months, hampered by weaker risk sentiment in global markets.
VTNA Unveils Plan for Launch of VNR Electric Sales
Volvo Trucks North America announced a far-reaching plan for the launch of its heavy-duty VNR Electric model.
OPEC+ Agrees on Gradual Easing of Oil-Output Cuts Next Year
The Organization of Petroleum Exporting Countries and its allies reached an agreement to ease its oil-output cuts next year more gradually than previously planned, giving a fragile market more time to absorb the extra supply.
December 3, 2020Elon Musk’s $139 Billion Fortune Leads Huge EV Wealth Gains
Elon Musk’s dizzying ascent in 2020 hit a new peak this week as he’s about to become the head of an S&P 500 Index company. That’s just days after surging to the second-richest person on the planet with a $139 billion fortune.
Cars on Hyundai’s Electric Platform Can Charge 80% in 18 Minutes
Hyundai Motor Group plans to build 23 electric vehicles on its new EV-dedicated platform, and is aiming to sell 1 million of the cars worldwide by 2025, the South Korean automaker said Dec. 2.
Biden Win Is Pressuring Carmakers to Unite on Tailpipe Rules
Carmakers that signed up for President Donald Trump’s battle with California over auto emissions are now being pressured to join a peace plan brought on by the election of Joe Biden.
DTNA, Portland Utility to Develop Fueling Site for Electric Trucks
Daimler Trucks North America and utility company Portland General Electric announced the co-development of a public charging site for medium- and heavy-duty electric commercial vehicles that is expected to be the first of its kind in the United States.
December 1, 2020Chicago Mayor’s Budget Plan, Including Fuel Tax Hike, Is Approved
The Chicago City Council has voted to approve Mayor Lori Lightfoot’s 2021 budget proposal, which includes a fuel tax increase.
Diesel Climbs 4¢ to $2.502 Amid Stronger Demand
The U.S. Energy Information Administration reported Nov. 30 in its weekly survey that trucking’s main fuel increased 4 cents nationwide.