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US Earmarks $504 Million for World’s Largest Hydrogen Hub

The U.S. is backing a project to create the world’s largest hydrogen production and storage facility in Utah in a push to bring the clean-burning fuel into the mainstream.

April 26, 2022

US Senate Transportation Leader Touts Biden Emissions Program

The leader of the transportation policy committee in the U.S. Senate endorsed the Biden administration’s latest initiative to curb emissions through a comprehensive funding program.

April 26, 2022

Diesel Rises Again, Up 5.9¢ to $5.16 a Gallon

The national average price for diesel spiked 5.9 cents to $5.16 a gallon, according to Energy Information Administration data released April 25.

April 27, 2022

Volvo Group Reports Higher Revenue, Record Q1 Deliveries

Volvo Group reported first-quarter net income slipped and revenue increased amid what the company referred to as good economic activity, high transport volumes and solid construction activity while order backlogs are extended and lead times long.

April 22, 2022

Gas Imports Flowing to West Coast at Near-Record Pace

The U.S. West Coast is importing gasoline at a near-record pace this month to help ease supply constraints amid eye-popping pump prices just ahead of the peak summer driving season.

April 21, 2022

White House Eyes Emissions, Fuel Prices as Congress Finalizes Supply Chain Bill

The Biden administration continues to pursue initiatives meant to ease the impact of fuel prices on industries as congressional leaders finalize legislation to enhance supply chain connectivity.

April 21, 2022

Indiana Gas Taxes on Brink of State Record

Indiana motorists will be paying a total of 74.5 cents in taxes for each gallon of gasoline they purchase in May — the highest amount in Indiana history.

April 21, 2022

Tesla Q1 Earnings 7 Times More Than Year Ago

DETROIT — Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.

April 20, 2022

Foes Blast Rivian EV Plant at Georgia Meeting

MONROE, Ga. — Opponents trying to derail a $5 billion, 7,500-job Rivian electric truck plant in Georgia dominated a state meeting April 18 that was meant to gather suggestions on how to design the plant to mitigate any impact on the environment.

April 20, 2022