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.

GovernmentBusinessFuel

New York Says Exxon Misled Investors About Climate Risks

A few months ago lawyers for Exxon Mobil Corp. stood before a judge and told New Yorks attorney general to put up or shut up after investigating the companys public disclosures about climate change, saying it should sue the company or move on. New York Attorney General Barbara Underwood said Exxon Mobil misled investors about the risks that climate change poses to its operations.

October 24, 2018
GovernmentFuel

Trudeau Imposes Carbon Tax, With Rebates, on Four Provinces

Justin Trudeau is imposing a carbon tax on provinces that have balked at implementing their own, doubling down on what is set to be a core fight of Canadas next election.

October 23, 2018
GovernmentBusinessFuel

Diesel Slides 1.4瞽 in First Decline Since Aug. 20

The U.S. average retail price of diesel inched down 1.4 cents to $3.380 a gallon as crude oil prices slipped amid growing U.S. inventories of crude.

October 22, 2018
GovernmentBusinessFuel

North Dakota Pipeline Company Gauges Interest in Expanding Oil Volume

BISMARCK, N.D. The developer of the Dakota Access pipeline is gauging shippers interest in a possible expansion of the volume of crude oil moved through the pipeline from 500,000 barrels to 570,000 barrels per day, despite ongoing tribal efforts to shut the pipeline down.

October 22, 2018
BusinessFuel

Sunoco Finalizes Deal for Brenco Marketing

Sunoco has completed its $24 million acquisition of Brenco Marketing Corp.s fuel-distribution business.

October 22, 2018
BusinessTechnologyEquipmentFuel

AxleTech, Thor Trucks Partner to Build Heavy-Duty E-Powertrain

AxleTech and Thor Trucks have partnered to create a fully electric commercial vehicle powertrain, according to an Oct. 16 press release. The two will integrate AxleTechs e-axle technology with Thors proprietary battery technology.

October 22, 2018
BusinessFuel

Marathon Considers Selling High-Ethanol Gas in Minnesota

Marathon Petroleum Corp., the largest U.S. oil refiner after its $23.3 billion acquisition of rival Andeavor this month, is weighing a plan to start sales of high-ethanol gasoline at its stations in Minnesota, according to people familiar with the matter.

October 22, 2018
GovernmentBusinessFuel

Refiners Slump as Trump Looks to Slow-Roll IMO Fuel Mandate

U.S. refiners are getting stung by President Donald Trumps reported efforts to keep consumer prices from rising in the run-up to the 2020 election. The Trump administration is seeking to slow the implementation in 2020 of tighter fuel restrictions on the global shipping industry.

October 19, 2018
GovernmentBusinessTechnologyEquipmentFuel

Trucking to Turn More to Alternative Fuels, Experts Say

INDIANAPOLIS Sales of Class 8 natural gas fueled trucks are rising, grants and incentives for using alternative fuels are expanding and more related regulations are coming as major shippers pursue environmental sustainability, experts said at an industry forum here.

October 18, 2018
GovernmentBusinessFuelLogistics

Congestion Creates $74.5 Billion Burden for Trucking, ATRI Analysis Shows

Traffic congestion on the nations highways added $74.5 billion in operational costs to the trucking industry in 2016, according to the American Transportation Research Institutes recent analysis.

October 18, 2018