Fuel

SCOTTSDALE, Ariz. — Nikola Motor Co. CEO Trevor Milton, 28 months after unveiling a prototype Class 8 sleeper, presented to about 2,000 attendees and a global audience watching online two heavy-duty trucks and three other specialty vehicles he said are ready to spark a zero-emissions future.

The U.S. average retail price of diesel climbed 2.5 cents to $3.118 a gallon, as crude oil dropped below $64 a barrel, the Department of Energy reported April 15.

For all the ink spilled over climate change and the global energy transition, the world’s biggest energy companies are focusing on where it all began: American oil.

Chevron Corp. agreed to buy Anadarko Petroleum Corp. in a $33 billion deal that adds U.S. shale oil and African liquefied natural gas and puts it in the top ranks of the world’s largest energy companies.

Legislation that aims to facilitate emissions reduction from diesel engines was easily approved April 10 by the committee that oversees surface transportation policy in the U.S. Senate.

U.S. oil refiners, in line for a windfall from new ship-fuel rules, are taking steps to lock in the change quickly, concerned it could fall victim to President Donald Trump’s re-election push.

What is biodiesel and how could it benefit you? Get straight answers on how biodiesel is made, its affect on fleet performance, how it reduces emissions, and the business advantages of using biodiesel blends to fuel your fleet.

WASHINGTON — Transportation Secretary Elaine Chao reaffirmed the Trump White House’s desire to partner with congressional transportation leaders on an infrastructure policy package that would reflect the views of Democrats and Republicans.

Crude closed at a five-month high after U.S. government data showed the biggest decline in gasoline stockpiles since 2017, offsetting an increase in crude inventories.