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.

BusinessTechnologyFuelAutonomousTCA

GM Introduces ‘Ultium Drive’ to Power EVs

General Motors Co.'s future electric vehicles are expected to be powered by five drive units and three motors known as “Ultium Drive,” which will help the company transition its lineup to all-electric, the automaker said Sept. 16.

September 16, 2020
BusinessTechnologyFuelAutonomous

Tesla Photo Gallery

Tesla, a company best known for its industry-first electric vehicles and unconventional CEO, is scheduled to enter the tractor OEM space in the coming years. Here are photos of its electric Semi Class 8, which was unveiled in 2017 and is slated to enter production in 2021.

September 15, 2020
GovernmentBusinessFuel

National Average Price of Diesel Sheds 1.3¢ in Second Consecutive Decline

The national average price of diesel dropped 1.3 cents a gallon to $2.422, the Energy Information Administration reported Sept. 14. Diesel costs 56.5 cents a gallon less than it did a year ago after the second straight weekly drop.

September 14, 2020
GovernmentBusinessFuel

Daimler AG to Pay $1.5 Billion to Settle Emissions Cheating Probes

Automaker Daimler AG and subsidiary Mercedes-Benz USA have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations, officials said Sept. 14.

September 14, 2020
BusinessTechnologyFuelTop 50Top 100

Nikola Issues Fuller Denial of Short Seller Hindenburg’s Claims

Nikola Corp. made a fuller-throated denial of a report last week that claimed the electric-truck maker had deceived investors, accusing a short seller of mischaracterizations and distortions.

September 14, 2020
GovernmentBusinessTechnologyFuel

House Considers Electric Vehicles Legislation

Senate-passed legislation meant to promote access to electric vehicles around the country will be under consideration before the U.S. House of Representatives this month.

September 14, 2020
GovernmentBusinessSafetyFuel

Hurricane Sally to Hit New Orleans, Alabama Coast

Hurricane Sally will begin hammering the U.S. Gulf Coast with flooding rains late Sept. 14, before making landfall between New Orleans and Mobile, Ala., and potentially causing as much as $3 billion in losses and damage.

September 14, 2020
GovernmentBusinessFuel

OPEC Forecasts Lower Demand; BP Sees ‘Peak Oil’ in 2020s

Developing countries’ difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the OPEC cartel said Sept. 14 as it cut its forecasts.

September 14, 2020
BusinessEquipmentFuelTop 100

Estes Partners With Clean Energy to Expand RNG Vehicle Fleet

Clean Energy Fuels Corp. announced Sept. 9 that Estes Express Lines is adding 50 of its renewable natural gas trucks.

September 11, 2020
GovernmentBusinessFuelLogistics

Oil Traders Snap Up Tankers in Sign Second-Wave Glut Is Near

Some of the world’s biggest oil traders are getting ready for the possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for monthslong charters so that they can be ready to store excess barrels if necessary.

September 11, 2020