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Ryder Reveals First Two Companies in EV Fleet Program

Truck leasing and logistics company Ryder System identified its initial customers Dec. 5 for its RyderElectric+ turnkey electric vehicle fleet program.

December 7, 2023

Stellantis Petitions to Void California Emissions Agreement

Stellantis NV, owner of the Jeep and Ram brands, is petitioning against emissions standards adopted by California and 13 other states that it says give competitors unfair advantages.

December 7, 2023

NTSB Calls for California Shipping Fix After 2021 Oil Spill

The National Transportation Safety Board wants changes in how containerships are anchored off Southern California to help prevent oil pipeline ruptures like the 2021 spill off Huntington Beach.

December 6, 2023

Unprecedented US Exports Are Weighing on Global Crude Market

Exports of U.S. crude are nearing a record of 6 million barrels a day — flooding the market with oil and weighing on prices from Europe to Asia.

December 6, 2023

Global Fossil Fuels Emissions to Hit Record Peak in 2023

The Global Carbon Project estimates that worldwide carbon dioxide emissions from burning fossil fuels will rise 1.1% this year over 2022, to 36.8 billion metric tons, a new peak.

December 5, 2023

Hydrogen Industry Raises Alarm Over Leaked Tax Credit Rules

A leaked draft of Treasury Department rules for hydrogen tax credits in President Joe Biden’s climate law is drawing warnings from advocates that they may stifle the burgeoning industry.

December 5, 2023

Diesel Price Falls to $4.092 in Sixth Consecutive Drop

The national average diesel price fell another 5.4 cents this week to creep ever closer to the $4 mark, according to the Energy Information Administration.

December 4, 2023

Strategic Oil Reserve Refill Is Limited Despite Low Prices

The Biden administration may not be able to take full advantage of the recent drop in oil prices as it seeks to refill its depleted crude oil reserve, an Energy Department official said Dec. 4.

December 4, 2023

US Announces New Emissions-Curbing Methane Rule at COP28

The Biden administration on Dec. 2 issued a final rule aimed at reducing methane emissions, targeting the U.S. oil and natural gas industry for its role in global warming.

December 4, 2023