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Oil Holds Near $50 as OPEC+ Hesitates Despite Surplus

Oil held near $50 a barrel in New York on signs that OPEC and its allies probably won’t go ahead with a much-touted emergency meeting, even as a global oversupply piles up.

February 10, 2020

Germany, France Team Up on Battery Plant to Rival Tesla, China

Germany and France set out a blueprint for a giant battery factory, advancing Europe’s bid to rival the capacity of Tesla Inc. China to supply the key part for electric vehicles.

February 7, 2020

Ocasio-Cortez Announces Bill for National Network of EV Chargers

The Democratic congresswoman who pushed the Green New Deal to prominence aims to build a national network of high-speed chargers for electric cars under legislation unveiled on Feb. 6.

February 6, 2020

House Lawmakers Agree on Infrastructure Investments, but Lack Funding Proposals

Democrats and Republicans on the tax-writing Ways and Means Committee in the House demonstrated a rare show of bipartisanship Feb. 6 by endorsing stakeholders’ consistent calls for investing in multimodal connectivity.

February 6, 2020

EPA Sets Final Rule for 2021 Biomass-Based Diesel Requirement

The Environmental Protection Agency announced the final rule that sets the biomass-based diesel statutory minimum requirement at 2.43 billion gallons for 2021, the same level as the 2020 requirement.

February 5, 2020

CARB Launches Zero-Emission Freight Equipment Project

The California Air Resources Board started an initiative to promote zero-emission freight equipment at transportation hubs, such as ports, distribution centers, airports and rail yards.

February 4, 2020

Diesel Falls 5.4¢ to $2.956 Per Gallon

The U.S. average retail price of diesel fell 5.4 cents to $2.956 a gallon, the Department of Energy reported Feb. 3.

February 3, 2020

Canadian Oil Prices Bounce Back From One-Year Low

Canadian crude rebounded from a one-year low after inventories fell and Alberta’s premier pledged to defend prices.

January 29, 2020

Port of Virginia Looks to Become Wind Power Leader

Virginia Gov. Ralph Northam on Jan. 28 announced an agreement to make the Portsmouth Marine Terminal a staging area for equipment and other materials owned by Denmark-based energy company Ørsted to expand its wind energy projects throughout the United States.

January 28, 2020

Diesel Fuel Market Stable as IMO Mandate Takes Hold

One month after the International Maritime Organization’s mandate prohibiting the use of heavily polluting bunker fuel in cargo and cruise ships began, oil industry analysts said the diesel fuel market is stable.

January 28, 2020