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Twitter Says Musk ‘Can and Should’ Close Buyout Next Week

Twitter Inc. rejected Tesla CEO Elon Musk’s request to pause an upcoming trial over his $44 billion takeover of the social media company, saying the billionaire “can and should” close the deal next week.

October 6, 2022

Biodiesel Fuel Gets Latest Push in Missouri

Biodiesel is getting a boost from new government incentives as city fleet owners are using it to quickly lower truck emissions.

October 6, 2022

EV Tax Credit Rules Put on Fast Track at Treasury

The Treasury Department is expediting the formulation of scores of regulations that will carry out the $270 billion worth of energy tax incentives included in President Joe Biden’s signature climate and tax bill.

October 5, 2022

Michigan Lures $1.6 Billion Battery Factory in Fight for EV Jobs

Michigan awarded incentives to two new battery projects — a local startup building a cell plant and a Chinese firm that may produce battery components — as Gov. Gretchen Whitmer seeks to secure future automotive jobs in the state.

October 5, 2022

Biden Calls OPEC+ Cut ‘Unnecessary,’ Signals New US Releases

President Joe Biden called plans by OPEC+ to cut output targets by 2 million barrels a day “unnecessary,” and the White House said more releases from U.S. petroleum reserves are possible.

October 5, 2022

Volvo Invites Media to Test Drive the VNR Electric Truck

DUBLIN, Va. — Volvo Trucks North America provided members of the media a chance to drive its VNR Electric truck during a press event Sept. 29.

October 5, 2022

LNG Market Supply to Remain Tight for Years, Top Producers Say

Liquefied natural gas will be in short supply in the coming years as production lags behind surging demand from Europe, according to the world’s top producers of the fuel.

October 5, 2022

Georgia, Florida Get Gas Tax Holidays

Drivers in Georgia and Florida are getting some price relief at the pump, as supply chain- and inflation-related fuel-tax holidays are being extended while both states grapple in their own ways with the aftermath of Hurricane Ian.

October 5, 2022

Maersk Expands Green Fleet With $1 Billion Order for Vessels

A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, ordered six large containerships that can sail on green methanol as part of the transport giant’s plan to become carbon neutral.

October 5, 2022

Will Rise of EVs Mean the Death of the Gas Station?

For more than a century, gas stations have been the heart of California’s car culture, offering fuel, food and friendly directions along back roads and byways. But the rush to EVs may leave them in the dust.

October 4, 2022