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Cooking Oil Shortage Looms as Biofuels Gain Appeal

A global biofuel boom is set to drive a shortage of vegetable oils — used for cooking and now increasingly to power trucks and planes — intensifying a debate over food versus fuel.

March 22, 2023

Diesel Sheds 6.2¢ to $4.185

The national average price of diesel continued its descent, sliding 6.2 cents to $4.185 a gallon in its seventh straight decline, according to .

March 20, 2023

Tesla’s Vision of EVs Could Spur Magnet Race

Tesla Inc.’s ambition to remove rare earths from future models has producers in the sector reeling, but it also should spur global efforts to deliver alternatives for electric car motors that currently rely on the materials.

March 20, 2023

Ports of L.A., Long Beach Join Bid to Be Hydrogen Fuel Hub

The Los Angeles and Long Beach ports want to be part of a statewide clean hydrogen hub, through which they would get funding to test usage of the fuel to power trucking and terminal equipment.

March 17, 2023

Biden Adviser Says US Won’t Rush to Fill Petroleum Reserve

The U.S. is committed to replenishing the Strategic Petroleum Reserve but won’t rush to do so despite the recent decline in oil prices, Biden administration adviser Amos Hochstein said.

March 17, 2023

Premium Gasoline Is Getting More Expensive at the Pump

The premium paid by drivers of luxury cars and large SUVs over regular fuel is increasing due to a number of industry factors, including environmental regulations and refining capacity.

March 17, 2023

California Regulators Could Decide Oil Profits Penalty

California Gov. Gavin Newsom said March 15 he wants state regulators to decide whether to impose the nation’s first penalty on oil companies for price gouging.

March 16, 2023

Amazon, Rivian May End EV Van Exclusivity

Electric vehicle manufacturer Rivian and Amazon are in active discussions about ending the exclusivity provision of their delivery van deal, according to multiple media reports.

March 14, 2023

Diesel Down 3.5¢ to $4.247

The national average price for diesel slipped 3.5 cents to $4.247 a gallon, according to Energy Information Administration data released March 13.

March 13, 2023