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Love’s Opens Travel Stop Near Oklahoma City

Love’s Travel Stops & Country Stores added 95 truck parking spots in Oklahoma with the opening of a facility in El Reno on Nov. 8, according to a company press release. The 11,000-square-foot location about 27 miles outside Oklahoma City also created 50 jobs.

November 9, 2018

Top Lithium Miner Forced to Stay Nimble in Fickle Battery Market

Albemarle Corp., the world’s largest lithium producer, is planning to expand production in Australia, chasing the market for a form of the metal increasingly being used by the makers of electric car batteries.

November 8, 2018

Voters Decide Fate of Transportation Funding Measures on State Ballots

Voters demonstrated a reluctance to approve new funding measures but a commitment to securing existing funds for transportation purposes during the Nov. 6 election.

November 8, 2018

OPEC Considers 2019 Oil Production Cuts in Yet Another U-Turn

The wind changed again in a stormy oil market as OPEC signaled it will consider a return to cutting output next year, potentially making the second production U-turn this year.

November 8, 2018

California Voters Reject Gas Tax Repeal

California voters on Nov. 6 rejected Proposition 6, a measure to repeal a recent increase in the state’s gas tax and one that, in many ways, determines the fate of California’s roads, bridges and transit.

November 7, 2018

Colorado Drillers Rise as Voters Reject Limits on Oil Production

Anadarko Petroleum Corp., Noble Energy Inc. and other companies exploring for oil and natural gas in Colorado jumped in pre-market trading Nov. 7 after voters rejected a plan that sought to limit their ability to drill in the state.

November 7, 2018

TravelCenters of America Reports Mixed 3Q Results

TravelCenters of America reported higher third-quarter revenue and a net loss tied to the sale of its convenience store business.

November 6, 2018

GE’s Latest Offspring Sees Green Boost for Gas Engine Sales

The latest company born out of General Electric Co. expects sales of its industrial engines fired by natural gas to benefit from the spread of renewables such as solar and wind.

November 6, 2018

Diesel Continues to Slide, Drops 1.7 Cents to $3.338 a Gallon

The U.S. average retail price of diesel dropped 1.7 cents to $3.338 a gallon as prices for West Texas Intermediate crude oil continued to sink despite concerns that global supplies could fall amid U.S.-imposed sanctions on Iran. It was the third consecutive weekly decline in the price of diesel.

November 5, 2018