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New USDOT Secretary Duffy Orders Fuel Economy Rule Rewrite

Newly appointed Transportation Secretary Sean Duffy ordered a rewrite of more stringent U.S. fuel economy rules, following through on one of President Donald Trump’s first directives.

January 29, 2025

Port Houston Awarded $25M for Hydrogen Refilling Station

A $25 million grant given to the Port of Houston Authority will go toward the development of a hydrogen refilling station in Bayport.

January 28, 2025

Diesel Price Drops 5.6¢ to $3.659 a Gallon

The national average diesel price reversed course and dropped 5.6 cents to $3.659, according to U.S. Energy Information Administration data released Jan. 27.

January 27, 2025

Oil Traders Expect OPEC+ to Stick With Supply Plan Next Week

Oil traders expect OPEC+ to stick with its current supply policy at a review meeting next week, resisting pressure from President Donald Trump to open the taps and bring down crude prices.

January 27, 2025

Diversified Energy to Buy Maverick Natural Resources

Diversified Energy agreed to acquire Texas-based energy producer Maverick Natural Resources to expand its scale as U.S. President Donald Trump makes higher oil production a key priority.

January 27, 2025

Trump’s Return to OPEC Politics Complicates Oil Talks

U.S. President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices.

January 24, 2025

Electric Truck Maker Nikola Explores Sale as Cash Dwindles

Nikola Corp. is exploring options to stave off a cash crunch, including potentially selling part or all of the company, according to people familiar with the matter.

January 23, 2025

New Indiana Gov. Braun Forms Transportation Cabinet

“We can be the risk-takers and trailblazers that Hoosiers deserve in leadership, or maintain the status quo,” the new governor said in his Jan. 13 inauguration speech.

January 23, 2025

Trump Urges Lower Oil Prices, Interest Rate Cuts at Davos

President Donald Trump said he would ask Saudi Arabia and other OPEC nations to “bring down the cost of oil” and reiterated his threat to use tariffs to bring manufacturing back to the U.S. 

January 23, 2025