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Hydrogen Industry Raises Alarm Over Leaked Tax Credit Rules

A leaked draft of Treasury Department rules for hydrogen tax credits in President Joe Biden’s climate law is drawing warnings from advocates that they may stifle the burgeoning industry.

December 5, 2023

Diesel Price Falls to $4.092 in Sixth Consecutive Drop

The national average diesel price fell another 5.4 cents this week to creep ever closer to the $4 mark, according to the Energy Information Administration.

December 4, 2023

Cruise Could Face Fines for Allegedly Misleading Regulators

Cruise, the self-driving vehicle unit of General Motors, could face a fine for allegedly misleading regulators about an incident in which one of its cars dragged a pedestrian.

December 4, 2023

Georgia Officials Laud Plastic Express Expansion Near Port

Georgia Gov. Brian Kemp said Plastic Express will build a facility near the Port of Savannah in an $80 million project that will create 200 jobs while expanding its operations in the state.

December 4, 2023

Virginia Wins $59.9 Million Logistics Expansion in Norfolk

Virginia Gov. Glenn Youngkin said that a Belgium-based international logistics provider’s subsidiary is expanding its footprint in the state at its Norfolk facility.

December 4, 2023

Illinois 3 Connector Plan Gets Mixed Reception for Freight

Plans for a new highway connector from Illinois 3 in Fairmont City to Illinois 203 in Madison, Ill., are designed to improve traffic flow and help with logistics and industrial development.

December 4, 2023

To Strengthen Freight Connectivity, DOT Goes With the FLOW

Capitol Agenda: The Department of Transportation’s Freight Logistics Optimization Works program will unite public and private stakeholders to enable a more resilient freight network. 

December 4, 2023

Strategic Oil Reserve Refill Is Limited Despite Low Prices

The Biden administration may not be able to take full advantage of the recent drop in oil prices as it seeks to refill its depleted crude oil reserve, an Energy Department official said Dec. 4.

December 4, 2023

US Announces New Emissions-Curbing Methane Rule at COP28

The Biden administration on Dec. 2 issued a final rule aimed at reducing methane emissions, targeting the U.S. oil and natural gas industry for its role in global warming.

December 4, 2023

BMW Recalls SUVs Over Air Bag Explosion Risk

BMW is recalling a small number of SUVs in the U.S. because the driver’s air bag inflators can blow apart in a crash, hurling metal shrapnel and endangering people in the vehicles.

December 4, 2023