The Biden administration sought to thread the needle between warring oil and renewable fuel interests Dec. 7 by proposing modest quotas for the use of plant-based fuels while moving to block exemptions for dozens of oil refineries.
December 7, 2021Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Musk Not a Fan of Biden’s Build Back Better Act
Tesla Inc.’s Elon Musk spoke out in opposition to President Joe Biden’s signature economic package, questioning the need for legislation that would support electric car adoption due to concerns government spending is out of control.
December 7, 2021Diesel Falls 4.6¢ to $3.674 a Gallon
The national average price for diesel slipped 4.6 cents to $3.674 a gallon, according to Energy Information Administration data released Dec. 6.
December 6, 2021EV Maker Lucid Reveals SEC Investigation
Lucid Group Inc. disclosed it has become the latest electric vehicle maker to come under U.S. investigation following a merger with a blank-check company, sending its shares plummeting.
December 6, 2021Exxon Pledges to Zero Out Some Permian Basin Emissions by 2030
ExxonMobil Corp. pledged to zero out some greenhouse gas emissions in North America’s biggest oilfield by the end of the decade.
December 6, 2021Toyota to Build $1.3 Billion EV Battery Plant in North Carolina
Toyota is preparing to build a $1.3 billion electric vehicle battery plant near Greensboro, N.C., that will employ at least 1,750 people, government officials said Dec. 6.
December 6, 2021Elon Musk’s Tesla Share Sales Pass $10 Billion
Elon Musk’s offloading of Tesla Inc. shares surpassed the $10 billion mark as he sold stock in the electric car maker for the fourth consecutive week.
December 3, 2021Texas Regulator Closes Draft Gas-Winterization Loophole
Texas’s top oil and gas regulator voted Nov. 30 to more clearly define who will be at the top of the list to keep receiving electricity during severe winter weather.
December 1, 2021State DOTs Explore Roadway Charging to Support Electric-Powered Vehicles
Magnetic concrete that charges electric vehicles as they drive over it could be coming to an Indiana roadway in the next few years.
November 30, 2021Diesel Dips 0.4¢ to $3.720 a Gallon
The national average price for diesel dipped four-tenths of a cent to $3.720 a gallon, according to Energy Information Administration data released Nov. 29.
November 29, 2021