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.

GovernmentFuel

ATA Commends Caucus’ User Fee Funding Approach

A U.S. House caucus’ legislative funding strategy that considers an increase to fuel taxes for infrastructure systems garnered praise from the country’s premier trucking association.

May 5, 2021
BusinessFuel

TravelCenters Reduces Net Loss in Q1; Revenue Rises

TravelCenters of America Inc. reduced its net loss and increased revenue in the first quarter compared with a year earlier.

May 4, 2021
BusinessTechnologyEquipmentFuel

Matthias Jurytko to Head Daimler Truck AG-Volvo Fuel Cell Venture

Daimler Truck AG and Volvo appointed Matthias Jurytko as CEO of cellcentric, their new fuel cell development 50-50 joint venture. He is scheduled to assume the post June 1.

May 4, 2021
GovernmentFuel

Diesel Price Resumes Rise, Increases 1.8¢ to $3.142 a Gallon

The national average price for diesel rose 1.8 cents to $3.142 a gallon, according to Energy Information Administration data released May 3.

May 3, 2021
BusinessTechnologyFuelAutonomousTCA

Ford Boosts Investment in Solid-State Battery Maker

Ford Motor Co. announced May 3 it is increasing its investment in a producer of solid-state batteries, yet another move in the automaker’s push to establish a sustainable supply of the components needed to power a coming wave of electric vehicles.

May 3, 2021
BusinessTechnologyEquipmentFuel

Engine Oil Suppliers Target Sustainability Amid Broader Push to Reduce Emissions

As the trucking industry explores zero-emission technologies such as battery-­electric and hydrogen fuel cell vehicles, heavy-duty engine oil suppliers are applying less conspicuous methods of curbing airborne particulate matter and carbon emissions.

May 3, 2021
GovernmentBusinessFuelTCA

Pennsylvania Panel Explores Alternatives to Bridge Tolls, Gas Taxes

It’s not clear yet if Pennsylvania drivers will pay $1 or $2 to cross major bridges, but Pennsylvania needs billions of dollars from somewhere for transportation, state Rep. Mike Carroll said.

April 30, 2021
BusinessTechnologyFuelAutonomous

EV-Charging Industry Is Doing Everything Except Showing a Profit

President Joe Biden’s plan to wean U.S. drivers off fossil fuels requires massive investment in public charging stations to power the electric-car revolution. So far, none of the companies that deploy the equipment has figured out how to make a profit.

April 30, 2021
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