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, Safety, Fuel

US Emissions Set for Record Dive With Factories and Cars Idled

Greenhouse gas emissions in the U.S. are poised for a record plunge this year, the result of coronavirus lockdown orders that have shuttered factories, closed stores and left cars and jets sitting idle.

Will Wade | Bloomberg News
June 9, 2020
Business, Technology, Fuel

CHBC Names Bill Zobel Executive Director

The California Hydrogen Business Council announced the appointment of Bill Zobel as its executive director.

June 9, 2020
Government, Business, Fuel

US Targets Sanctions for Iran-Venezuela Oil Tanker Trade

The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off trade between Iran and Venezuela, according to a person familiar with the matter.

Saleha Mohsin | Bloomberg News
June 9, 2020
Business, Technology, Fuel

Nikola Gets Valued at $34 Billion Before Gain Is Wiped Out

Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberance than Nikola Corp.

Ed Ludlow and Craig Trudell | Bloomberg News
June 9, 2020
Government, Business, Fuel

Diesel Increases by a Penny; Gas Climbs Back Above $2

The nationwide average price of a gallon of diesel increased by 1 cent to $2.396, according to the weekly report from the Energy Information Administration on June 8.

Dan Ronan | Senior Reporter
June 8, 2020
Business, Technology, Fuel

Nikola Stock Surges 104% on Third Day of Trading

Shares of Nikola Motor Co. surged 104% to a record in its third day of trading on the Nasdaq after a merger with VectoIQ Acquisition Corp.

June 8, 2020
Business, Technology, Fuel

Daimler Truck Coordinates Fuel Cell Activities With New Company

Daimler Truck AG has established Daimler Truck Fuel Cell GmbH & Co., the organizational and legal framework intended to bring together all of the group’s fuel cell activities.

Roger Gilroy | Senior Reporter
June 8, 2020
Business, Fuel

BP to Cut 10,000 Jobs Worldwide Amid Pandemic

LONDON — Energy producer BP announced June 8 that it will slash its global workforce by 10,000 jobs as the COVID-19 pandemic slams the oil and gas industry.

Danica Kirka | Associated Press
June 8, 2020
Business, Fuel

How Truck Stops Are Serving Truckers While Keeping Them Safe

The nation's truck stop chains and travel centers are working hard to remain open and serve drivers during the coronavirus crisis, while also taking steps to ensure safety. Here's a rundown of what they are doing.

June 8, 2020
Business, Fuel

TA to Add Franchise Sites

TravelCenters of America Inc. announced plans to open three new travel centers in as many weeks during June.

June 5, 2020