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, Fuel

Diesel Price’s Virtual Holding Pattern Continues

For the second week in a row, the price of diesel remained essentially flat compared with the prior week, dipping just one-tenth of a cent to $2.426 a gallon, the Energy Information Administration reported Aug. 24.

Dan Ronan | Senior Reporter
August 24, 2020
Government, Business, Safety, Fuel

Trump’s Arctic Oil Drilling Plan Will Be Tested in Court

Environmentalists and Alaska natives are challenging the Trump administration’s decision to sell drilling rights in the Arctic National Wildlife Refuge, arguing the government gave short shrift to the impact on polar bears and the region’s other wildlife.

Jennifer A. Dlouhy | Bloomberg News
August 24, 2020
Government, Business, Safety, Fuel, Logistics

US Gulf Coast Faces Threat From Pair of Tropical Storms

Back-to-back tropical storms pose a combined threat to the U.S. Gulf Coast this week, where more than half of offshore oil production is already shut and residents from Texas to Florida are warily watching the skies.

Brian K. Sullivan | Bloomberg News
August 24, 2020
Government, Business, Fuel

Oil Set for Weekly Drop in Wake of Sluggish Global Economies

Oil is poised for the first weekly decline this month as signs of stumbling recoveries in major economies from Europe to Asia threaten to delay a demand rebound.

Andres Guerra Luz | Bloomberg News
August 21, 2020
Business, Technology, Fuel

Navistar Joins Effort to Adopt Electric Vehicle Standards

Navistar Inc. joined a global coalition of industrial and automotive businesses pushing to create standards for electric vehicles, the company announced Aug. 20.

August 21, 2020
Business, Technology, Fuel

ACT Virtual Series Highlights Environmental Sustainability Challenges

Advanced Clean Transportation on Aug. 18 kicked off a four-month series to discuss environmental sustainability in trucking and the challenges those efforts still face.

Connor D. Wolf | Staff Reporter
August 20, 2020
Business, Fuel, Logistics

World’s Largest Offshore Rig Owner Valaris Goes Bankrupt

Valaris Plc became the latest casualty of the global slump in oil prices, filing for bankruptcy Aug. 19 as the world’s largest offshore rig owner by fleet size seeks to restructure a roughly $7 billion debt load.

August 19, 2020
Business, Technology, Fuel, Logistics

GM to Double Down on China After Tesla Grabs EV Lead

General Motors Co. is accelerating its push into the fast-growing electric-car segment in China, the world’s largest market, seeking to challenge sales leader Tesla Inc. and a slew of local contenders.

August 19, 2020
Government, Business, Fuel

Infrastructure Stakeholders to Host Forum in September

Groups and institutions consistently urging policymakers to dedicate additional funds for freight and commuter corridors will host “United for Infrastructure,” scheduled for the week of Sept. 14.

Eugene Mulero | Senior Reporter
August 18, 2020
Business, Technology, Equipment, Fuel

Xos Trucks Secures $20 Million in New Funding Round

Fledgling electric vehicle developer Xos Trucks Inc. completed a new round of financing, raising $20 million from a group of investors.

Jerry Hirsch | Contributing Writer
August 18, 2020