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Gasoline Prices Are Rising Again as Big Oil Profits Soar

U.S. gasoline prices are on the rise for the first time in 16 days, potentially posing a political challenge for the Biden administration ahead of elections even as it casts a spotlight on Big Oil’s massive profits.

October 28, 2022

South Dakota Issues HOS Executive Order for Fuel Delivery

South Dakota Gov. Kristi Noem issued an emergency hours-of-service waiver for fuel deliveries to better prepare for harvest season and colder weather amid low diesel and gas supplies.

October 28, 2022

Truckers Express Concern as California Lawmakers Seek to Phase Out Diesel Big Rigs

From truckers to railroaders, commenters testifying at an Oct. 27 public hearing and in writing expressed concerns ranging from the cost of new electric trucks to the adequacy of charging infrastructure when California’s proposed Advanced Clean Fleets Regulation takes effect beginning in 2024.

October 28, 2022

Allison Q3 Results Improve on Broad Gains

Allison Transmission Holdings Inc. reported higher third-quarter net income and revenue as five of six of its end markets climbed.

October 28, 2022

Tesla CEO Elon Musk Takes Control of Twitter

Tesla CEO Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s top lawyer, two people familiar with the deal said Oct. 27.

October 28, 2022

EU to Ban New Combustion Engine Cars as of 2035

The European Union reached a deal to effectively ban new combustion engine cars from 2035, a move that will reshape transportation and mark a significant step on the path to reduce carbon emissions.

October 27, 2022

Pump Prices Along the East Coast Are Rising on Gasoline Shortage

Gasoline shortages rippling across the East Coast are driving up pump prices from New York to Maine, potentially frustrating the Biden administration’s effort to rein in energy costs ahead of the election.

October 27, 2022

Wyoming Group: Most Local Refineries Sell Fuel Elsewhere

Most of Wyoming’s output of diesel, renewable diesel and biodiesel is sent to other states rather than being used locally.

October 27, 2022

The US Is Exporting Record Oil and Fuel Even as East Coast Faces Shortages

The U.S. exported a record amount of crude and fuel in mid-October, even as the East Coast grapples with shortages of both diesel and gasoline.

October 26, 2022