The Trump administration is set to order refiners to use 15 billion gallons of conventional renewable fuels such as corn-based ethanol next year, resisting oil industry pressure to lower the mandate, according to three people familiar with the plans.
November 27, 2018Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Capitol Agenda for the Week of Nov. 26: One More for the Road
If you don’t travel much, but you were among the millions of Americans who set out to visit loved ones this past Thanksgiving weekend, the traffic nightmare you experienced was indeed an anomaly. But there's hope. Here's a look at the week ahead for trucking on Capitol Hill.
November 26, 2018Department of Interior Moves to Expand Drilling in Alaskan Oil Reserve
The Trump administration is moving to expand the territory open for oil exploration in Alaska’s National Petroleum Reserve, a process that could shift drilling rigs closer to herds of caribou and flocks of threatened birds.
November 20, 2018Diesel Falls Again, Drops 3.5¢ to $3.282 a Gallon
The U.S. average retail price of diesel dropped 3.5 cents to $3.282 a gallon in data reported Nov. 19 as crude oil prices fell amid persistent concerns about oversupply.
November 19, 2018Iraq Resumes Kirkuk Oil Exports After Yearlong Pause
BAGHDAD — Iraq began piping oil from its fields around the disputed city of Kirkuk on Nov. 16, more than a year after exports were halted over troubles with the autonomous Kurdish administration north of the country.
November 16, 2018Natural Gas Holds Gains After Biggest Jump in Eight Years
Natural gas took a breather after its biggest gain in eight years as forecasts for lingering U.S. cold spurred concern supplies may not be enough to meet winter demand.
November 15, 2018Diesel Slips 2.1 Cents to $3.317 a Gallon Amid Oil’s Steep Drop
The U.S. average retail price of diesel dropped 2.1 cents to $3.317 a gallon Nov. 13 as the price of West Texas Intermediate crude oil fell to an 11-month low.
November 13, 2018Keystone XL Ruling Comes as Canada Faces Pipeline Capacity Crunch
A Montana federal judge’s ruling that threatens to further delay TransCanada Corp.’s Keystone XL pipeline comes at one of the worst possible times for the Canadian oil industry.
November 9, 2018Voters Decide Fate of Transportation Funding Measures on State Ballots
Voters demonstrated a reluctance to approve new funding measures but a commitment to securing existing funds for transportation purposes during the Nov. 6 election.
November 8, 2018OPEC Considers 2019 Oil Production Cuts in Yet Another U-Turn
The wind changed again in a stormy oil market as OPEC signaled it will consider a return to cutting output next year, potentially making the second production U-turn this year.
November 8, 2018