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Historic Oil Glut Amassed During Pandemic Dissipates

The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers.

April 19, 2021

Key Congressional Republican Calls for Bipartisan Highway Bill

As federal policymakers prepare to consider comprehensive highway policy legislation in the coming weeks, the top Republican on the U.S. Senate transportation committee reiterated calls for bipartisanship.

April 15, 2021

Audi Takes On Tesla’s Model Y With Entry-Priced Electric SUV

Audi’s new Q4 e-tron will go head-to-head with Tesla Inc. in the fast-growing market of compact crossover SUVs to help parent Volkswagen AG narrow its electric-car sales gap with the world leader.

April 14, 2021

Skyrocketing Metal Prices Threaten to Hinder EV Affordability

A surge in demand for electric vehicles is sending the price of raw materials soaring, threatening to slow the push toward making cheaper batteries that are key to more widespread adoption.

April 14, 2021

MVTS Finds FlowBelow Technologies Bring Significant Fuel Savings

Mesilla Valley Transportation Solutions tested FlowBelow Aero Inc.’s tractor and trailer wheel covers for the first time as well as the Tractor AeroKit, and found that each technology provided significant fuel savings.

April 13, 2021

Permian Oil Nears Levels Not Seen Since Pandemic Start

The Permian Basin, the most prolific shale patch in the U.S., will produce crude oil at levels not seen since the start of the pandemic in the latest sign the global economy is heating back up.

April 13, 2021

Diesel Sheds 1.5¢ to $3.129 a Gallon

The national average price of a gallon of diesel slipped 1.5 cents to $3.129, according to Energy Information Administration data released April 12.

April 12, 2021

Huawei to Invest $1 Billion on Car Tech It Says Surpasses Tesla

Huawei Technologies Co. will invest $1 billion on researching self-driving and electric-car technologies, accelerating plans to compete with Tesla Inc. and Xiaomi Corp. in the world’s biggest vehicle arena.

April 12, 2021

Biden Sees ‘Win’ for US in Electric Vehicle Battery Deal

WASHINGTON — Two big South Korean electric vehicle battery makers have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. President Joe Biden called it “a win for American workers and the American auto industry.â€

April 12, 2021