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Oil’s Brief Rally Fades With Supply Risks Countering Stimulus

A brief rally in crude oil deflated Dec. 28 as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming new supply from OPEC+.

December 28, 2020

Diesel Jumps 6¢ Per Gallon to Nine-Month High

The U.S. average retail price of diesel rose 6 cents to $2.619 a gallon and notched the highest price in nine months, the Energy Information Administration reported Dec. 21.

December 21, 2020

Colorado Partners Release Truck Safety Video for I-70 Travel

As a way to educate truckers, the Colorado Department of Transportation released a video on the challenges and best practices associated with navigating Interstate 70’s mountainous terrain.

December 18, 2020

Year in Review: COVID-19, Infrastructure, Regulations Dominate 2020

The memory of 2020 will be forever linked to the COVID-19 pandemic.

December 18, 2020

Year in Review: Trucking Emerges Strong After Challenging 2020

Trucking emerged from one of the most challenging years on record strong and battle-tested, as robust freight demand propelled by soaring demand for consumer goods amid the coronavirus pandemic boosted spot rates and lifted financial results for many publicly traded fleets.

December 18, 2020

North Carolina Environmental Chief Michael Regan Tapped to Lead EPA

President-elect Joe Biden is nominating Michael Regan to lead the EPA, putting a North Carolina environmental regulator in line to chart national policy on combating climate change and pollution, according to people familiar with the matter.

December 17, 2020

Volkswagen Loses Top EU Court Case in Diesel Scandal

The European Union’s top court ruled that Volkswagen breached the law by installing on its cars a so-called defeat device to cheat on emission tests and cannot argue it was merely protecting car engines.

December 17, 2020

Oil Jumps to Highest Mark Since February Amid Stimulus Optimism

Oil surged to the highest mark in nearly 10 months in New York alongside a broader market rally as breakthroughs on U.S. stimulus talks combined with the COVID-19 vaccine rollout stoked optimism around a demand revival.

December 15, 2020

Getting US to Zero Carbon May Cost $2.5 Trillion by 2030

It’s going to take $2.5 trillion in spending over the next decade to get the U.S. on a path to a carbon-free economy, but the transition will help to pay for itself, Princeton University researchers say.

December 15, 2020

OPEC’s President Says Oil Cartel Cannot Rush Output Increases

The president of the Organization of Petroleum Exporting Countries reiterated that the oil producers’ cartel shouldn’t rush to increase output early next year and said energy demand was still fragile with the coronavirus raging across parts of the world.

December 15, 2020