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, 2022Search
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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, 2022Tesla 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, 2022Foes 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, 2022Green Diesel Is Suddenly a Booming Business
Climate-friendly diesel produced from animal fats and cooking oils is suddenly a booming business as fossil-fuel giants such as Exxon Mobil Corp. and Chevron Corp. race to cut their emissions and take advantage of incentives.
April 20, 2022Gulf Coast Diesel Exports Soar on Wartime Shortage
Russia’s invasion of Ukraine has set off a global scramble for diesel, prompting buyers around the world to snap up massive volumes of fuel from the U.S. Gulf Coast despite high prices.
April 19, 2022Walmart Will Run Forklifts on ‘Green’ Hydrogen in Plug Power Deal
Plug Power Inc.’s bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company’s oldest customers: Walmart Inc.
April 19, 2022Diesel Bumps Up 2.8¢ to $5.101 a Gallon
The national average price for diesel resumed its upward course, rising 2.8 cents to $5.101 a gallon, according to Energy Information Administration data released April 18.
April 18, 2022Twitter Adopts ‘Poison Pill’ Defense in Musk Takeover Bid
PROVIDENCE, R.I. — Twitter said April 15 that its board of directors has unanimously adopted a “poison pill†defense in response to Tesla CEO Elon Musk’s proposal to buy the company for more than $43 billion and take it private.
April 15, 2022Trucking Stakeholders Offer Advice, Caution on EPA Proposal
The trucking industry urged federal regulators to consider how a proposal to tighten emissions limits on engines will affect motor carriers, as they’re the ones who will ultimately deploy the equipment subject to the new rules.
April 15, 2022