Fuel News

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, Fuel, Logistics

Georgia Extends Fuel Tax Suspension Through Sept. 12

State taxes on diesel and gasoline in Georgia will continue to be suspended through Sept. 12 after Gov. Brian Kemp extended an expiring executive order issued earlier this year.

August 9, 2022
Government, Business, Fuel

Most EVs Won’t Qualify for Federal Tax Credit

DETROIT — A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress. But the auto industry is warning that the vast majority of EV purchases won’t qualify for a tax credit that large.

August 9, 2022
Government, Business, Technology, Fuel

Portland City Council to Vote on Phasing Out Diesel Sales

Gradually phasing out diesel fuel sales in Portland, Ore., is among 43 climate change actions before the City Council’s second public hearing and vote slated for Aug. 24.

August 9, 2022
Government, Fuel

Diesel Drops Below $5 for First Time Since March

The national average price of diesel dropped to less than $5 a gallon for the first time since March, falling 14.5 cents to settle at $4.993, according to Energy Information Administration data released Aug. 8.

August 8, 2022
Business, Technology, Equipment, Fuel

Lightning eMotors Sees Specialty CEVs as Next Frontier

Medium-duty electric commercial vehicles from box trucks to specialty applications are anticipated to play a large role as regulators and businesses turn to axing greenhouse gas and carbon emissions in the years ahead.

August 8, 2022
Government, Business, Technology, Safety, Fuel, Logistics

ATA’s Chris Spear Optimistic About Trucking Economy, R.I. Tolling Verdict

American Trucking Associations President Chris Spear said the trucking industry continues to show resilience despite challenges in the U.S. economy, marked by two straight quarters of negative gross domestic product and interest rate hikes by the U.S. Federal Reserve that aim to slow decades-high rates of inflation.

August 4, 2022
Government, Business, Safety, Fuel

Senate Debates Freight-Centered Budget Bill

Legislation that aims to reduce emissions at commercial ports and freight corridors is topping Senate Democrats’ legislative priorities ahead of the upcoming congressional summer recess.

August 4, 2022
Business, Technology, Fuel, Autonomous

Orange EV Secures $35 Million From Outside Investor

Yard truck maker Orange EV announced Aug. 4 that it has secured $35 million from S2G Ventures — its first large outside investor.

August 4, 2022
Business, Technology, Equipment, Fuel

TA Reports Strong Q2 Net Income, Revenue

TravelCenters of America Inc. reported second-quarter net income more than doubled and revenue soared amid favorable fuel purchasing conditions.

August 3, 2022
Government, Business, Fuel

OPEC+ Boosts Oil Output by Slower Pace Than Previous Months

The OPEC oil cartel and its allies decided Aug. 3 to boost production in September by a much slower pace than in previous months at a time of high gasoline prices and unstable energy supplies exacerbated by Russia’s war in Ukraine.

August 3, 2022