Soybean farmers in seven states are asking Congress to extend current biodiesel and renewable diesel tax credits due to a lack of clarity on a set of new rules ready to take effect in January.
November 21, 2024Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
Europe, US Push for Oil Funding Curbs Deal to Outlast Trump
The EU, US and other countries are hammering out a plan to throttle tens of billions of dollars of financial support for foreign oil and gas projects before Donald Trump moves into the White House.
November 20, 2024EV Demand Could Drop 27% Without Tax Credit
Still, because EVs account for a small percentage of new car sales, removing the credit would have little impact on gasoline demand.
November 19, 2024Kansas Hydrogen Hunt Seen Fueling New Energy Revolution
A new Gold Rush is taking shape on a quiet stretch of Kansas prairie. There, a clutch of startups backed by the likes of Bill Gates are searching below the surface for hydrogen.
November 19, 2024Trump Targets Auto Mileage Rules He Blasted as ‘EV Mandate'
The incoming Trump administration is looking to slash fuel-efficiency requirements for new cars and light trucks as part of plans to unwind Biden policies he has blasted as an “EV mandate."
November 19, 2024Florida Man Facing Federal Prison Time for Biofuel Fraud
A Florida man is facing up to five years in federal prison after pleading guilty to wire fraud and filing false claims after overstating biodiesel credits that were reported to the IRS and EPA.
November 19, 2024Oil Glut Set to Thwart Trump’s Call to ‘Frack, Frack, Frack’
President-elect Donald Trump’s vows to “frack, frack, frack” are about to collide with a global crude glut that’s set to, finally, temper record shale production.
November 19, 2024Diesel Price Drops 3¢ to $3.491 a Gallon
The national average diesel price dropped 3 cents to $3.491 a gallon in its third straight decline, according to U.S. Energy Information Administration data released Nov. 18.
November 18, 2024Gas Prices Below $3 a Gallon in Time for Thanksgiving
U.S. average gasoline prices are set to fall below $3 a gallon, just in time for Thanksgiving, when holiday travel is expected to climb back to pre-pandemic levels.
November 18, 2024Biden to Stand Fast on LNG-Permit Halt, Energy Chief Signals
The Biden administration won’t decide on any natural gas-export permits before the presidential term ends in late January, Energy Secretary Jennifer Granholm signaled.
November 15, 2024