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.

GovernmentBusinessTechnologyFuel

Carper Urges Tough US Rules Barring Gas-Powered Cars by 2035

WASHINGTON — A top Senate Democrat is urging U.S. anti-pollution standards that would follow a deal brokered by California with five automakers and then set targets to end sales of new gasoline-powered vehicles by 2035, a goal that reaches further than President Joe Biden’s climate plan.

April 30, 2021
BusinessFuel

Exxon Posts $2.7 Billion Quarterly Profit After Unprecedented Year

NEW YORK — ExxonMobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions.

April 30, 2021
GovernmentBusinessFuelTCA

Connecticut Republicans Attack Governor’s Truck-Tax Plan

HARTFORD, Conn. — Republican state lawmakers, along with trucking and food-distribution executives, on April 28 declared war on Gov. Ned Lamont’s proposed regional climate initiative and user tax for heavy trucks on state highways.

April 29, 2021
BusinessTechnologyEquipmentFuel

Daimler Truck, Volvo to Make Fuel Cells in Europe in Joint Venture

FRANKFURT, Germany — Germany’s Daimler Truck AG and Sweden’s Volvo Group say they plan to jointly manufacture hydrogen fuel cells for trucks in Europe starting in 2025 and called on European Union policymakers to boost incentives for climate-neutral technologies.

April 29, 2021
BusinessFuel

NextEra Plans to Harness Landfill Gas to Make Renewable Fuel

NextEra Energy Inc. and OPAL Fuels plan to capture methane from a Minnesota landfill to produce renewable natural gas, adding to a series of projects seeking to cash in on the energy source while helping cut greenhouse-gas emissions.

April 28, 2021
GovernmentBusinessFuel

Oil Climbs With US Demand Bump Driving Global Rebound Optimism

Oil advanced to the highest intraday level in more than a month as a combination of declining U.S. petroleum product supplies and signs of stronger demand buttressed expectations for a revival in global consumption.

April 28, 2021
GovernmentBusinessFuel

SuperTruck 3 Pushes for Electrification of Freight Trucks

The Department of Energy intends to provide up to $100 million in funding to push for the electrification of freight trucks of all sizes as part of its new SuperTruck 3 program.

April 28, 2021
GovernmentBusinessTechnologyEquipmentFuelTCA

N.Y. Bill Orders All-Electric Truck Sales by 2045

ALBANY, N.Y. — The state Senate on April 26 passed a bill that would essentially mandate that all new passenger cars sold in the state run on electric power by 2035 and trucks and other heavy duty vehicles run on electricity by 2045.

April 27, 2021
GovernmentBusinessTechnologyEquipmentFuelAutonomous

Unpaid Taxes Another Troubling Sign for Lordstown Motors

CLEVELAND — The failure of Lordstown Motors, an Ohio-based electric truck startup, to pay $570,000 in real estate taxes due in early March is yet another troubling sign for a company that has been barraged by bad news this year.

April 27, 2021
BusinessTechnologyEquipmentFuel

Ford to Open Battery Research Lab in Electric Vehicle Push

Ford Motor Co. is building a $185 million battery research lab as part of a push to build its own power sources for plug-in cars.

April 27, 2021