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.

Business, Fuel

Shale Driller Sells Gas Fields for Fraction of Purchase Price

Range Resources Corp. is selling its Louisiana shale fields for about one-tenth of what it paid for them just four years ago as depressed natural gas prices hammered the heavily indebted driller.

Joe Carroll | Bloomberg News
August 4, 2020
Government, Business, Fuel

Average Price of Diesel Continues to Linger in $2.40s

Diesel fell for the third consecutive week, by three-tenths of a cent to $2.424 a gallon.

Dan Ronan | Senior Reporter
August 3, 2020
Government, Business, Fuel

Oil Rises With Signs of Economic Recovery Buoying Demand

Oil rose the most in nearly two weeks as economic data from the U.S. to Europe and Asia signaled a flicker of life in languishing demand.

Andres Guerra Luz | Bloomberg News
August 3, 2020
Business, Technology, Equipment, Fuel

Penske Truck Leasing Adds Core-Mark as EV Customer

Penske Truck Leasing announced longtime customer Core-Mark Holding Co. deployed one of Penske’s Class 8 battery-electric Freightliner eCascadias into its fleet.

August 3, 2020
Business, Technology, Fuel

Electric Car Startup Fisker Misses Deadline for Supply Deal With VW

Fisker Inc. missed a self-imposed deadline for a technology-sharing deal with Volkswagen AG that the electric-vehicle startup had described as key to cutting costs.

Ed Ludlow | Bloomberg News
July 31, 2020
Government, Business, Fuel

Noble Corp. Files Bankruptcy to Erase $3.4 Billion of Debt

Offshore drilling contractor Noble Corp. filed for bankruptcy with a plan to cut more than $3.4 billion of debt.

July 31, 2020
Business, Technology, Fuel

GM to Build Nationwide EV Charging Network

General Motors Co. is working with electric-vehicle charging operator EVgo Services to build a nationwide fast-charging infrastructure.

David Welch | Bloomberg News
July 31, 2020
Business, Fuel, Logistics

Oil Pares Monthly Gain With Global Supply Onslaught Looming

Oil is set to eke out a monthly gain, yet futures lost steam on July 31 amid threats that the market will soon become oversupplied.

Andres Guerra Luz | Bloomberg News
July 31, 2020
Business, Technology, Fuel

Nikola’s Trevor Milton Says Future of Trucking Is Hydrogen-Based

Nikola Corp. founder and Executive Chairman Trevor Milton believes the hydrogen fuel cell technology that powers his company’s trucks can place Nikola at the forefront of global efforts to toughen clean-air rules while also providing a truck that meets the needs of commercial fleets.

Dan Ronan | Senior Reporter
July 30, 2020
Government, Business, Fuel

EPA’s National NOx Proposal Headed for Another Delay

There is mounting evidence that the U.S. Environmental Protection Agency’s low oxides of nitrogen proposed rule, already months behind schedule, will not be completed until after the November elections, according to trucking industry and environmental group sources.

Eric Miller | Senior Reporter
July 30, 2020