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.

BusinessFuelAutonomousTCA

Minnesota Proposal Would Tax Electricity as Fuel

As gas tax revenue declines because more people are buying electric vehicles, a Minnesota lawmaker has proposed a bill that would tax electricity as fuel at charging stations for electric vehicles.

March 3, 2021
GovernmentBusinessFuel

Granholm Says Oil Industry Must Embrace Green Transition

Jennifer Granholm used her first speech as U.S. energy secretary to warn oil and gas companies they risk being left behind unless they embrace a transition to cleaner sources of energy, while offering them an opportunity to partner with the new administration.

March 3, 2021
BusinessTechnologyFuelAutonomous

VW’s Electric Car Stacks Up Well Against Tesla, Analyst Says

A teardown of Volkswagen AG’s first dedicated electric vehicle found it measures up favorably with Tesla Inc. models in several key aspects, sending the German carmaker’s shares to levels last seen before its diesel emissions scandal.

March 3, 2021
GovernmentBusinessFuel

Jigar Shah to Run Energy Loan Office

The U.S. Energy Department has appointed Jigar Shah, a clean-power pioneer who helped bring solar into the mainstream, to run the loan-program unit that backed Tesla Inc. and failed solar manufacturer Solyndra.

March 3, 2021
GovernmentBusinessFuel

American Petroleum Institute Mulls Embrace of Carbon Pricing

The American Petroleum Institute is considering throwing its weight behind a government-imposed price on carbon dioxide emissions as a way to slow global warming, a major policy shift by the oil industry’s top trade group.

March 2, 2021
GovernmentBusinessFuel

Railroads Told to Turn Over Evidence in Fuel Surcharge Suit

In a move that could help speed up the path to a trial, a District of Columbia federal judge ruled in a multidistrict federal lawsuit that more than 200 shippers are entitled to pursue certain evidence to support their allegation that the four largest Class I railroads may have conspired to fix fuel surcharge prices.

March 2, 2021
BusinessFuel

OPEC Production Plunges as Saudis Deliver Extra Oil Cutbacks

OPEC’s crude production plunged in February as Saudi Arabia delivered extra cutbacks intended to clear the remnants of a global supply glut.

March 2, 2021
BusinessTechnologyFuel

Volvo to Make Only Electric Vehicles by 2030

Volvo says it will make only electric vehicles by 2030. But if you want one, you’ll have to buy it online.

March 2, 2021
GovernmentFuel

Diesel Climbs 9.9¢, Tops $3 a Gallon

The price of diesel continued to skyrocket, surging 9.9 cents to $3.072 a gallon, according to data released by the Energy Information Administration on March 1.

March 1, 2021
GovernmentBusinessFuel

Workhorse to Meet With USPS Over Truck Contract

Representatives of electric-truck maker Workhorse Group Inc. are scheduled to meet with officials at the U.S. Postal Service March 3 as the company explores options for challenging the loss of a massive contract to build the next generation of postal trucks.

March 1, 2021