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General Motors, Ford and Stellantis face a combined $10.5 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules, according to an estimate from their trade group.

Oil buyers across the planet are facing some of the highest premiums for supplies they’ve seen in months — or longer — as dwindling stockpiles at the largest U.S. storage hub reverberate through markets from Asia to the Middle East to Europe.

The Biden administration released plans Sept. 29 to hold three auctions of offshore drilling rights over the next five years — part of what it cast as an effort to phase down oil leasing in favor of clean energy.

Hyzon Motors will pay a $25 million fine to the U.S. Securities and Exchange Commission after an investigation, the Class 8 hydrogen-powered truck manufacturer said.

Two electric trucks from Carter Express Inc. went into operation at Nestlé’s production plant in Indiana thanks to a state grant for $600,000 covering most of the green supply chain project.

The national average diesel price paused from its recent surge, falling back 4.7 cents to settle at $4.586 a gallon, according to Energy Information Administration data released Sept. 25.

The U.S. government’s own scientists on Sept. 21 questioned whether corn-based ethanol is better for the environment than traditional petroleum-based fuels.

New Jersey’s diesel and gas prices will rise 0.9¢ Oct. 1 due to the first uptick in state fuel taxes since 2020, according to the state treasury department.

Legislation aiming to block efforts designed to prevent the sale of internal combustion engines was recently approved in the U.S. House of Representatives.