Diesel Average Jumps 1.3¢ to $2.493 a Gallon
The U.S. average retail price of diesel rose 1.3 cents to $2.493 a gallon, according to the Department of Energy, as the price of crude oil reached its highest level in about 17 months as producers added to earlier announced production cuts.
December 12, 2016Nikola Hydrogen-Electric Design Called Trucking ‘Game Changer’
SALT LAKE CITY — Preparations are underway for the 2020 delivery of Nikola One, the hydrogen-electric Class 8 produced by Nikola Motor Co.
December 12, 2016Diesel Tops Year-Ago Price for First Time Since 2014
The great slide in diesel prices has ended. After 124 consecutive weeks of diesel falling compared with its year-ago level, the U.S. retail average price is higher than it was 52 weeks ago for the first time since July 2014.
December 12, 2016Debut of Hydrogen-Electric Truck Launches Milton’s Vision to Revolutionize Industry
In launching the Nikola One with a splashy Hollywood-type production in front of a live audience in Salt Lake City, Trevor Milton has let it be known that building a hydrogen-electric, zero emissions, over-the-road Class 8 truck is just part of his plan to revolutionize the trucking industry.
December 12, 2016Fuel Cells Can Reduce Cost of Maintenance, Nikola Says
Among the advantages Nikola Motor Co. touted when it unveiled the industry’s first Class 8 electric truck running on a hydrogen fuel cell and battery pack was the ability to significantly reduce fleet maintenance expenses.
December 12, 2016U.S. Xpress Anticipates Placing Multimillion Dollar Orders for Nikola Electric Trucks
Truckload carrier U.S. Xpress Inc. formally announced its plans Dec. 8 to be an early adopter of the recently unveiled zero-emission, hydrogen-electric Class 8 Nikola One truck from Nikola Motor Co.
December 9, 2016US Xpress Looks to the Future With Nikola Electric Trucks
Chattanooga, Tennessee’s biggest trucking carrier is going electric, at least with some of its fleet, in the next three to five years.
December 7, 2016Oil Falls From 16-Month High as OPEC Production Keeps Rising
Oil retreated from a 16-month high after OPEC pumped a record amount of crude in November.
December 6, 2016Diesel Average Rises 6¢ to $2.480
The U.S. average retail price of diesel increased 6 cents to $2.480 a gallon, according to the Department of Energy.
December 5, 2016Electric Vehicles May Take an OPEC-Sized Bite From Oil Use
A boom in electric vehicles made by the likes of Tesla Motors Inc. could erode as much as 10% of global gasoline demand by 2035, according to the oil industry consultant Wood Mackenzie Ltd.
December 5, 2016