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Fuel Groups Warn of Price Hikes Without Tax Credit Certainty

More than 30 trade groups across the energy, farming and transport sectors say a lack of U.S. government guidance on tax credits is putting Americans at risk of higher fuel prices.

November 13, 2024

Volkswagen Boosts Bet on Rivian’s EV Tech by $800 Million

Volkswagen and Rivian named leaders for their multibillion-dollar joint venture and showcased a prototype electric vehicle, signaling their commitment even as global EV demand softens.

November 12, 2024

Nonprofit to Buy Up to 500 Battery-Electric Drayage Trucks

The first customers are set to be carriers operating at the ports of Los Angeles and Long Beach — the largest two ports in the U.S. by import volume.

November 12, 2024

EPA Clean Ports Grants Pay for Hydrogen Equipment, Planning

Port facilities across six states will receive millions of dollars in federal funding for the purchase of zero-emission vehicles and fueling and charging infrastructure through EPA grants.

November 12, 2024

OPEC Cuts Global Oil Demand Growth Forecasts Again

OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a slowdown in top consumer China.

November 12, 2024

EPA to Charge First ‘Methane Fee’ for Oil and Gas Companies

WASHINGTON — Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain levels under a rule by the Biden administration.

November 12, 2024

FRA Awards $96.5M to Hydrogen Rail Projects in Three States

Under terms of the grant program, FRA will pay no more than 80% of a project’s cost, with a minimum 20% match that can include in-kind contributions.

November 8, 2024

Toyota Criticizes US Push for Rapid EV Adoption

“The whole EV ecosystem is ahead of the consumer,” Toyota North America COO Jack Hollis said, pointing to tailpipe emission rules from the EPA and California.

November 8, 2024

TxDOT Campaign to End Traffic Deaths Focuses on Permian Basin

ODESSA — The Texas Department of Transportation announced a statewide public campaign to end fatalities on Texas roadways.

November 8, 2024

Rivian Sticks to Q4 Profit Goal Despite Production Setback

The company is on track to meet the closely watched target thanks to a higher mix of premium models boosting revenue per vehicle sold and sales of regulatory credits.

November 7, 2024