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 todays fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

BusinessFuel

Oil Plunges Below Zero for First Time in Unprecedented Fall

Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Mondays collapse in a key segment of U.S. oil trading.

April 20, 2020
BusinessFuelTop 100

Stocks Sink Under Weight of Another Collapse in Oil Prices

Stocks have fallen in early trading on Wall Street April 20, as energy stocks get hammered by the latest collapse in the price of oil.

April 20, 2020
BusinessSafetyFuel

TravelCenters of America Announces 3,000 Furloughs

TravelCenters of America Inc. announced it will furlough 2,900 field employees and 122 corporate employees in an effort to maintain its long-term success.

April 17, 2020
GovernmentBusinessFuel

Montana Judge Blocks Keystone XL Permit for River Crossings

TC Energy Corp.s Keystone XL oil-sands pipeline was dealt a setback with a judges ruling that the U.S. Army Corps of Engineers improperly approved a streamlined permit process without fully evaluating the impact on endangered species.

April 16, 2020
GovernmentBusinessTechnologyFuel

Fuel Cell Experts Argue for Cleaner Commercial Trucks

The trucking industry needs to continue adopting electric technologies such as fuel cells in order to combat pollution, experts said April 14.

April 16, 2020
GovernmentBusinessFuel

Governors Ask Trump to Waive Biofuel Quotas Amid Pandemic

Five American governors are asking the Trump administration to waive U.S. biofuel-blending requirements, arguing the cost of complying with the mandates on top of coronavirus-spurred lockdowns pose a severe economic harm to the country.

April 16, 2020
GovernmentBusinessFuel

Oil Drops to 18-Year Low on Record Demand Collapse

Oil plunged to the lowest in two decades amid a record collapse in U.S. fuel demand and the biggest-ever weekly build in domestic crude supplies.

April 15, 2020
GovernmentBusinessFuel

Saudi Oil Keeps Flooding Market With Output Pact Yet to Begin

Saudi Arabia and other Gulf suppliers may have agreed to cut oil production again starting next month, but by all indications the taps are set to remain wide open until then swelling stockpiles for at least a few more weeks.

April 15, 2020
BusinessEquipmentFuel

Stemco Ceases Manufacturing of TrailerTail, Other Products

Industry supplier Stemco has discontinued production of its TrailerTail product, which helped pioneer improved aerodynamics at the rear of the trailer.

April 14, 2020
GovernmentBusinessFuel

Trump Negotiating to Lease Oil Storage Space to Nine Companies

The U.S. Energy Department is negotiating with nine companies to rent about 23 million barrels of oil storage capacity in its Strategic Petroleum Reserve as part of a Trump administration bid to help drain the countrys growing glut of crude.

April 14, 2020