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.
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.
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.
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.
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, 2020Electric 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.
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.
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.
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.
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.
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.