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Exxon Puts $1 Million Into Hunt for Carbon Tax and Rebate

Exxon Mobil Corp. is putting $1 million into a political campaign that, if successful, would effectively spawn a tax tied to the company’s core products.

October 9, 2018

Love’s Offers Private Label DEF in Consumer Packaging

Love’s Travel Stops now offers its own private-label diesel exhaust fluid in a 2½-gallon container for auto diesel customers and professional truck drivers.

October 9, 2018

Natso Launches Management Service Tied to Renewable Fuels Standard

Natso, the national association representing the travel plaza and truck stop industry, and its newly launched Alternative Fuels Council initiated a renewable identification numbers management service Oct. 1.

October 9, 2018

Editorial: Continuing to Do Business

Keeping trade moving among the United States, Mexico and Canada helps keep the wheels turning for U.S.-based operations.

October 4, 2018

Michigan, Canadian Pipeline Company Reach Agreement

TRAVERSE CITY, Mich. — Michigan Gov. Rick Snyder’s administration and Canadian pipeline giant Enbridge have agreed to replace twin 65-year-old crude oil pipes in a channel linking two of the Great Lakes with another that would run through a tunnel far below the lake bed.

October 3, 2018

Shipping Costs for Liquefied Natural Gas Expected to Rise

Liquefied natural gas shipping costs will increase, driven by rising charter rates, higher fuel costs and the growth in interbasin trade flows, according to estimations by Fitch Solutions Macro Research.

October 2, 2018

Shell, Partners Announce $31 Billion LNG Canada Investment

Royal Dutch Shell and its partners announced an agreement to invest in a multibillion-dollar liquefied natural gas project in western Canada — the largest of its kind in years that will carve out the fastest route to Asia for North American gas.

October 2, 2018

Diesel Spikes 4.2¢ to $3.313 a Gallon

The U.S. average retail price of diesel spiked 4.2 cents to $3.313 a gallon as oil prices climbed to levels not seen in four years. Besides oil prices being at a four-year high, diesel is at its highest price since Dec. 15, 2014, when it was $3.419.

October 1, 2018

Marathon Closes $23 Billion Deal With Texas Refining Firm Andeavor

Marathon Petroleum Corp. officially closed a $23.3 billion deal Oct. 1 in which it acquired all the outstanding shares of Texas refining company Andeavor.

October 1, 2018

Tesla’s Elon Musk Out as Chairman, Stays as CEO in SEC Settlement

Elon Musk will give up the role of Tesla Inc. chairman and pay a $20 million penalty to settle fraud charges brought by the U.S. over his claims about taking the company private.

September 29, 2018