Government

DUBAI, United Arab Emirates — Saudi Arabia said Aug. 3 it will extend its production cut of 1 million barrels of oil a day through the end of September in its effort to boost energy prices.

WASHINGTON — The Biden administration is delaying plans to restock the nation’s emergency oil reserve amid a price hike that has pushed oil above $80 a barrel.

A bill that updates the Diesel Emissions Reduction Act through fiscal 2029 was recently approved by a committee in the U.S. Senate.

Proving last week’s surge wasn’t a fluke, the national average diesel price skyrocketed 22.2 cents to reach $4.127 a gallon, according to the Energy Information Administration.

OMAHA, Neb. — Roughly 7,500 BNSF train engineers may soon get up to eight days of paid sick time and more certainty about their days off if they approve a new deal with the railroad.

A proposal to further facilitate access for trucks to military bases and installations was approved as part of a defense policy bill in the U.S. Senate.

Inflation is blamed for sending project completion costs soaring 68% since 2021 to today’s $840 million to complete a freight route for bringing goods into Alaska from the port in Anchorage.

Tesla reportedly is seeking nearly $100 million from the U.S. to build nine electric semi-truck charging stations along a route from the southern border of Texas to northern California.

The National Highway Traffic Safety Administration is looking into a dozen complaints about loss of steering control or loss of power steering in Tesla 2023 Models 3 and Y electric vehicles.

Georgia officials announced plans to open a new East Coast distribution center in Effingham County to bring  Bradshaw Home’s products to customers faster through a partnership with NFI.