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Oil Pares Gains as US Comments Counter Signs of Strong Market

West Texas Intermediate pared earlier gains after U.S. Energy Secretary Jennifer Granholm told MSNBC that President Joe Biden may make an announcement to address high oil and gasoline prices this week.

November 8, 2021

Shipping Firms Seek Investments in Technology to Cut Emissions

GLASGOW, Scotland — Major shipping companies on Nov. 5 called for governments to put more money into researching and developing cleaner technologies to help the industry reduce its greenhouse gas emissions.

November 5, 2021

Global Freight Market Battles Disruptions Due to Bottlenecks

After a once-in-a-lifetime deadly pandemic, the world’s supply chains are realizing a new normal as industries meet the challenge of rebuilding and managing them in a post-­recovery era.

November 12, 2021

OPEC+ Rejects Biden’s Plea for Bigger Oil-Supply Increase

OPEC and its allies will stick to their slow pace of oil-production increases, disregarding President Joe Biden’s demand to go faster.

November 4, 2021

US Says Oil, Gas Sales Damage Climate — But Won’t Stop Them

The Biden administration is planning to sell oil and gas leases on huge tracts of public land in the U.S. West, despite the Interior Department’s conclusion that doing so could cost society billions of dollars in climate change impacts.

November 2, 2021

Diesel Nudges Up 1.4¢ to $3.727 a Gallon

The national average price for diesel rose 1.4 cents to $3.727 a gallon, according to Energy Information Administration data released Nov. 1.

November 1, 2021

EV Plan Runs Afoul of USMCA, Canada Parts Chief Warns

President Joe Biden’s proposed incentives for U.S. electric-car buyers could be challenged under the North American trade pact, a Canadian auto industry leader warned.

October 29, 2021

Exxon CEO Denies Spreading Climate Change Disinformation

ExxonMobil’s chief executive said Oct. 28 that his company “does not spread disinformation regarding climate change,” as he and other oil company chiefs countered congressional allegations the industry concealed evidence about the dangers of global warming.

October 28, 2021

Where Trucking Stands on Environmental Sustainability

NASHVILLE, Tenn. — Sustainability in the trucking industry can be viewed from different angles, according to a panel at American Trucking Associations’ Management Conference & Exhibition on Oct. 25.

October 27, 2021