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Tapping US Oil Reserve Would Have ‘Short-Lived’ Impact, EIA Says

Releasing oil from the U.S. government’s strategic reserve would have a “short-lived” impact on soaring fuel prices, according to the U.S. Energy Information Administration.

November 16, 2021

Diesel Continues Slow Climb, Rises 0.4¢ to $3.734

The national average price for diesel continued to climb at a slower pace, rising four-tenths of a cent to $3.734 a gallon, according to Energy Information Administration data released Nov. 15.

November 15, 2021

Biden Could Revisit Renewable Fuel Mandate for Price Relief

As U.S. President Joe Biden weighs alternatives to lower fuel prices, one move that could bring immediate relief at the pumps is sparking debate: adjusting the Bush-era renewable fuel mandate.

November 15, 2021

Oil and Gas Leases on Hold in New Mexico’s Chaco Park

New oil and gas leasing within 10 miles of Chaco Culture National Historical Park will be prohibited for the next two years as officials consider a proposal to withdraw federal land in the area from development for a 20-year period, the U.S. Department of Interior said Nov. 15.

November 15, 2021

Volkswagen Appeals Rejected as High Court Allows Emissions Scandal Suits

The U.S. Supreme Court rejected two appeals from Volkswagen AG, leaving intact rulings that let state and local governments sue over a diesel-emissions cheating scandal that already has cost the German automaker more than $23 billion.

November 15, 2021

Appellate Court Strikes Down GHG Rule for Trailers

A divided federal appeals court has thrown out portions of the 2016 Phase 2 greenhouse gas emissions rule that would have required heavy- and medium-duty trailers for the first time ever to adopt some combination of fuel-saving technologies.

November 12, 2021

Households Face Biggest Surge in Electricity Costs Since 2009

U.S. consumers faced the biggest jump in their energy bills in more than a decade in October, with costs soaring for electricity, natural gas and fuel oil as cooler weather approaches.

November 10, 2021

Zero-Carbon Shipping Plan Targets Container, Iron Ore Routes

Shipping routes for the transport of iron ore from Australia to Japan and containerized goods from East Asia to Europe are at the center of plans to slash maritime carbon emissions by 2030.

November 10, 2021

Diesel Rises 0.3¢ to $3.730 a Gallon

The national average for diesel barely budged, nudging up three-tenths of a cent to $3.730 a gallon, according to Energy Information Administration data released Nov. 8.

November 8, 2021