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, 2021Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
October Classes 4-7 Sales Stall
U.S. retail sales in October of Class 4 through Class 7 medium-duty commercial vehicles were almost flat compared with a year earlier at just above 21,000, WardsAuto .com reported.
November 16, 2021Diesel 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, 2021Biden 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, 2021Oil 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, 2021Volkswagen 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, 2021Appellate 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, 2021Households 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, 2021Zero-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, 2021Diesel 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