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Elon Musk’s Tesla Share Sales Pass $10 Billion

Elon Musk’s offloading of Tesla Inc. shares surpassed the $10 billion mark as he sold stock in the electric car maker for the fourth consecutive week.

December 3, 2021

OPEC+ Sticks to Planned Supply Hike But Adds a Get-Out Clause

OPEC and its allies will proceed with their next oil-production hike, but said they could revisit the decision at any moment as the risk to demand from the omicron variant of COVID-19 becomes clearer.

December 2, 2021

GM Venture to Build Battery Chemical Plant

General Motors is forming a joint venture with Posco Chemical of South Korea to build a North American battery materials plant as it brings more steps in the electric vehicle supply chain under its umbrella.

December 1, 2021

Texas Regulator Closes Draft Gas-Winterization Loophole

Texas’s top oil and gas regulator voted Nov. 30 to more clearly define who will be at the top of the list to keep receiving electricity during severe winter weather.

December 1, 2021

State DOTs Explore Roadway Charging to Support Electric-Powered Vehicles

Magnetic concrete that charges electric vehicles as they drive over it could be coming to an Indiana roadway in the next few years.

November 30, 2021

Rising Battery Costs Hit Carmakers

Soaring commodity prices and supply chain bottlenecks threaten to push up the cost of batteries seen as crucial in the fight against climate change.

November 30, 2021

Diesel Dips 0.4¢ to $3.720 a Gallon

The national average price for diesel dipped four-tenths of a cent to $3.720 a gallon, according to Energy Information Administration data released Nov. 29.

November 29, 2021

US Proceeding With Oil Reserves Release Despite Price Drop

The U.S. will proceed with its plan to release 50 million barrels of oil from its strategic reserves despite a new coronavirus variant triggering a sharp drop in crude prices.

November 29, 2021

Natural Gas Plunges 12% on Demand-Killing US Weather Outlook

Natural gas futures plummeted as much as 12% in the U.S. as forecasts shifted warmer through the middle of next month, allaying concern about tight domestic supplies amid a global shortage of the heating fuel.

November 29, 2021