Fuel

Exports of U.S. crude are nearing a record of 6 million barrels a day — flooding the market with oil and weighing on prices from Europe to Asia.

The Global Carbon Project estimates that worldwide carbon dioxide emissions from burning fossil fuels will rise 1.1% this year over 2022, to 36.8 billion metric tons, a new peak.

A leaked draft of Treasury Department rules for hydrogen tax credits in President Joe Biden’s climate law is drawing warnings from advocates that they may stifle the burgeoning industry.

The national average diesel price fell another 5.4 cents this week to creep ever closer to the $4 mark, according to the Energy Information Administration.

The Biden administration may not be able to take full advantage of the recent drop in oil prices as it seeks to refill its depleted crude oil reserve, an Energy Department official said Dec. 4.

The Biden administration on Dec. 2 issued a final rule aimed at reducing methane emissions, targeting the U.S. oil and natural gas industry for its role in global warming.

Considering investing in telematics but aren’t sure where to begin? The Trailer Telematics Cost of Ownership Guide is a great starting point. You’ll learn how to shape your investment and what to expect to save on fleet maintenance.

A maintenance checklist can help ensure you hit everything necessary during an inspection. While we usually go for electronic checklists, we know some techs are still fans of the printed versions. Check out this downloadable maintenance checklist and give it a whirl!

Having a strong lubrication strategy can help your fleet can see increased uptime, save your technicians repair time, and reduce costs. See how the Mobil Delvac™ team helped this Texas-based transportation company improve their lubrication system.

The OPEC oil cartel led by Saudi Arabia and allied producers including Russia made another big swipe at propping up lagging crude prices Nov. 30, expanding some output cuts into next year.