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Diesel Ends 10-Week Surge, Dropping 11.6¢ to $5.134 a Gallon

The national average price of diesel reversed course and dropped in price, shedding 11.6 cents to $5.134 a gallon, according to Energy Information Administration data released March 21.

March 21, 2022

US Unveils Battery Strategy in West Virginia to Ease Coal Loss

Energy Secretary Jennifer Granholm and Sen. Joe Manchin on March 18 announced a program to develop lithium batteries in the U.S. as part of a broader strategy to help Appalachia amid a transition from coal.

March 18, 2022

Energy Agency: 10 Steps to Save 2.7 Million Barrels of Oil a Day

BERLIN — The International Energy Agency says the world could quickly reduce global oil demand by 2.7 million barrels a day by cutting down on car and plane travel, helping easing the supply crunch caused by Russia’s invasion of Ukraine.

March 18, 2022

Stellantis, LG Energy Pick Ontario for Battery Plant

Stellantis NV and LG Energy Solution will build their new battery plant in Ontario, according to a person familiar with the matter, with an official announcement likely March 23.

March 18, 2022

Germany Backs EU Phaseout of New Combustion Engines by 2035

Germany threw its weight behind a European Union proposal that only emission-free new cars and vans can be sold from 2035 as the bloc moves forward in talks on an ambitious green overhaul at a time of an extraordinary energy crisis.

March 17, 2022

Fed Policymakers Unveil Hydrogen Transportation Bill

Legislation that would establish a grant program at the U.S. Department of Transportation to assist with the adoption of heavy-duty hydrogen fuel cell vehicles was recently introduced in the U.S. Senate.

March 16, 2022

ATA, Freight Stakeholders Press CARB for Alternatives to Emissions Rule

American Trucking Associations is among the groups proposing that the California Air Resources Board consider supply chain pressures for granting the industry alternatives to certain regulatory compliance.

March 15, 2022

Airlines Rally as They See Path to Profit Despite Fuel Jump

U.S. airline stocks climbed as the carriers said they will trim flying to remain on track toward profits even as fuel prices soar.

March 15, 2022

Diesel Adds to Record High, Hitting $5.25 a Gallon

The national average price of diesel recorded its second dramatic spike in as many weeks, this time 40.1 cents to reach $5.25 a gallon, according to Energy Information Administration data released March 14.

March 15, 2022