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29 Mariners Rescued From Oil Tanker Hit in Red Sea Attacks

DUBAI, United Arab Emirates — A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack in the Red Sea, officials said Aug. 22.

August 22, 2024

Tesla Gets Lower EU Tariff Than Chinese Rivals in Draft Plan

For Tesla Inc., the 9% tariff is relatively welcome news, as it’s lower than what other manufacturers face.

August 20, 2024

Average Diesel Price Slips 1.6¢ to $3.688 a Gallon

The national average diesel price decreased by 1.6 cents, settling at $3.688 per gallon as of Aug. 19, according to U.S. Energy Information Administration data.

August 19, 2024

USDA Seeks Easier Rules for Crops to be Used in Green Fuels

The U.S. Department of Agriculture is pushing for eased tax credit requirements regarding crops used as ingredients in the production of renewable fuels, according to Secretary Tom Vilsack.

August 16, 2024

Missouri Awarding Grants to Lift Biodiesel, Ethanol Output

The Biofuel Infrastructure Incentive Program, administered by MASBDA, will award grants to biofuel retailers, distributors, terminal companies or fleet operations.

August 14, 2024

California Drivers Face Nation’s Steepest Fuel Tax Mountain

A new fuel analysis names California, Illinois and Pennsylvania as the states with this year’s highest diesel and gas taxes, while Alaska, Mississippi and Hawaii have the lowest.

August 14, 2024

Darling Ingredients Surges on California Proposal

Darling Ingredients soared the most in eight years after California signaled it may limit the use of seed oils in green diesel, which would be a boon to companies that use rival feedstocks.

August 13, 2024

Oil Surplus Looms if OPEC+ Hikes Supplies, IEA Data Shows

Global oil markets are poised to swing from a deficit to a surplus next quarter should OPEC+ proceed with plans to boost supplies, data from the International Energy Agency showed.

August 13, 2024

Diesel Price Declines 5.1¢ to $3.704 a Gallon

The national average diesel price dropped 5.1 cents to $3.704 per gallon, according to Energy Information Administration data released Aug. 12.  

August 12, 2024