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Global Oil Market Faces a Million-Barrel Glut Next Year

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, the International Energy Agency said.

November 14, 2024

New York Gov. Hochul Moving Fast on Congestion Pricing

NEW YORK — Gov. Kathleen Hochul is negotiating a modified version of congestion pricing with the feds that would start the Manhattan toll at $9 per day before ramping it back up to the $15 plan.

November 13, 2024

Trump’s EPA Pick Draws Praise, Pushback Over Climate Policy

During his nearly 10-year tenure on Capitol Hill, Lee Zeldin pushed back on the progressive policy proposal known as the Green New Deal.

November 13, 2024

Transportation Nominees on Senate’s Radar

With members of Congress back in Washington after the elections, their lame-duck session in the Senate includes consideration of high-profile nominees.

November 13, 2024

Inflation Rises Slightly in October to 2.6%

WASHINGTON — Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off.

November 13, 2024

Dockworkers Call Off Talks Again, With Automation at Issue

The U.S. dockworkers union that halted cargo at every major port on the country’s eastern and southern coasts last month has called off talks with their employers over automation.

November 13, 2024

Tesla Recalls Cybertrucks a Sixth Time in Year Since Launch

Tesla recalled the Cybertruck a sixth time since the electric pickup launched a year ago, this time over an issue that could lead drivers to lose propulsion and have to pull over.

November 13, 2024

Canadian Grant to Electrify Cargo Docks at Port of Quebec

The grant is from Canada’s Green Shipping Corridor Program, which funds low- and zero-emission shipping ventures along with port and terminal equipment and infrastructure.

November 13, 2024

Fuel Groups Warn of Price Hikes Without Tax Credit Certainty

More than 30 trade groups across the energy, farming and transport sectors say a lack of U.S. government guidance on tax credits is putting Americans at risk of higher fuel prices.

November 13, 2024