The U.S. average retail price of diesel rose 1.3 cents to $3.055 a gallon, the Department of Energy reported July 8. Crude slid to less than $58 a barrel, then rebounded later in the week to just above $60.
July 8, 2019Search
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CARB Fines Anheuser-Busch $500,000 for Pollution Violations
Wrapping up an investigation begun four years ago, the California Air Resources Board announced July 1 it fined brewing company Anheuser-Busch $500,000 for medium- and heavy-duty trucks that violated the state’s air pollution laws.
July 8, 2019Oil Holds Above $57 as Iran Tension Stirs Concern Over Supply
Oil held above $57 a barrel as rising tension in the Middle East kept investors wary of potential supply disruptions. Futures were little changed in New York after rallying 2.2% since July 3.
July 8, 2019Senate Panel Schedules July 10 Hearing on Highway Reauthorization Priorities
Senate surface transportation leaders will meet July 10 to examine the merits of having a long-term highway policy bill on the books.
July 8, 2019US Biofuel Quotas Would Get Modest Bump Under EPA Proposal
The Trump administration on July 5 advanced plans to modestly lift U.S. biofuel-blending targets, while dodging fights over how frequently to waive refineries from the quotas and how to offset those exemptions.
July 5, 2019Electric Jaguars to Be Made in UK Despite Brexit Uncertainty
LONDON — Jaguar Land Rover says it will manufacture a range of electric cars in the U.K., a boost to an industry braced for turmoil ahead of Britain’s departure from the European Union.
July 5, 2019Ford Readies for Push in Electric Cars, Morgan Stanley Says
Ford Motor Co. is preparing to make a bigger push in electric vehicles, according to Morgan Stanley.
July 3, 2019New Shipping Fuel Rules Are Starting to Rock the Oil Market
They may still be six months away, but new rules on marine fuels are already sending shock waves through the little-known world of refinery feedstocks.
July 3, 2019Tesla Shares Surge as Model 3 Paces Record Quarter of Deliveries
Tesla Inc. soared in late trading after the electric-car maker set a record for quarterly vehicle deliveries, helped by U.S. consumers rushing to buy Model 3 sedans before a federal tax credit shrank in half.
July 2, 2019Secretary Chao: Fuel Tax a ‘Topic of Discussion’ During Infrastructure Policy Talks
Responding to whether the federal fuel tax should be raised to help fund the country’s corridors, Transportation Secretary Elaine Chao acknowledged the funding approach garnered interest during negotiations of a comprehensive infrastructure bill.
July 2, 2019