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States Seek to Ease Inflation Burden With Direct Payments

PORTLAND, Maine — With inflation raging and state coffers flush with cash, governors and lawmakers across the U.S. are considering a relatively simple solution to help ease the pain people are feeling at the gas pump and grocery store — sending money.

March 24, 2022

Connecticut House Cuts Gas Tax, Offers Other Relief

With the state budget surplus hitting record-breaking levels, Connecticut legislators voted unanimously March 23 to cut gasoline taxes — and talked about reducing more taxes in the future.

March 23, 2022

LG Plans Battery Plants for Canada, Arizona

LG Energy Solution will invest around $2 billion on increasing output in North America as the South Korean battery maker ramps up production to meet rising demand for electric cars.

March 23, 2022

Former Cruise CEO Dan Ammann Lands at Exxon

Dan Ammann, who led the Cruise self-driving unit of General Motors Co. until December with a mission to reduce traffic and eliminate emissions, has landed at oil giant Exxon Mobil Corp.

March 22, 2022

Europe Heading for a Diesel Shortage, Traders Say

Europe is facing the prospect of a shortage of diesel as flows from Russia dwindle in the aftermath of its invasion of Ukraine, senior executives at three trading houses said.

March 22, 2022

EV Battery Maker LG to Expand in Michigan

LANSING, Mich. — Electric vehicle battery maker LG Energy Solution plans a $1.7 billion expansion in western Michigan that will add up to 1,200 jobs by 2025, officials announced March 22.

March 22, 2022

Diesel Ends 10-Week Surge, Dropping 11.6¢ to $5.134 a Gallon

The national average price of diesel reversed course and dropped in price, shedding 11.6 cents to $5.134 a gallon, according to Energy Information Administration data released March 21.

March 21, 2022

Despite Strike, Chevron to Continue Operating California Refinery

Chevron Corp. plans to operate its California refinery “normally” amid a worker strike that began just after midnight on March 21, potentially limiting the impact on gasoline prices in the state.

March 21, 2022

As Gas Prices Rise, Towns Add Electric Car Charging Stations

ASBURY PARK, N.J. — A wave of new electric vehicle charging stations across the country is coming as interest in alternatives to gasoline-powered vehicles is on the rise, though most of the plans were in the works before recent gasoline price spikes.

March 21, 2022