Fuel News

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Business, Technology, Equipment, Fuel

Verne’s Cryo-Compressed Hydrogen Tech Nears Pilot Phase

San Francisco-based Verne plans to offer truck makers the option of cryo-compressed hydrogen storage to achieve the same range as a diesel tractor.

October 10, 2024
Government, Fuel

IRS, Several States Grant Fuel Tax Relief After Hurricane Helene

The IRS and several states have issued temporary fuel tax waivers stemming from Hurricane Helene to help businesses provide disaster relief services and assist in recovery efforts.

October 10, 2024
Government, Business, Technology, Equipment, Fuel

Emissions Tampering Costs Auto Parts Firm $10M in Fines

On Sept. 10, Rudy’s Performance Parts Inc. and its owner, Aaron Rudolf, were sentenced in federal court in Washington, D.C., for conspiring to violate the Clean Air Act.

October 9, 2024
Business, Technology, Fuel

GM Eyes Affordable Electric Pickup With 350-Mile Range

The Detroit-based automaker is working to secure a North American supply of lithium iron phosphate batteries, according to its vice president of battery strategy.

October 8, 2024
Business, Fuel

US Crude Production Growth Slows as Oil Rigs Decline

While output is still poised to reach a record of 13.54 million barrels a day, the annual rate of growth is now projected at 2.4% versus 3.2%, per the Energy Information Administration.

October 8, 2024
Government, Fuel

Diesel Price Rises 4¢ to $3.584 a Gallon

The national average diesel price increased 4 cents to $3.584 per gallon, according to U.S. Energy Information Administration data released Oct. 7. 

October 7, 2024
Business, Technology, Fuel, Logistics

Rivian Faces Delays, Cuts Production After Supplier Misstep

Rivian miscalculated when communicating supply and demand needs with Essex, its sole supplier of what are essentially copper wires that carry the electric current inside EV motors.

October 7, 2024
Government, Business, Fuel, Logistics

LNG Ships Divert to Europe on Wider War Fears

Liquefied natural gas cargoes are diverting away from Asia to Europe after fears of a wider war in the Middle East sent benchmark Dutch prices rallying.

October 7, 2024
Business, Fuel

Shell Sees Strong Natural Gas Production in Third Quarter

Shell saw continued strong performance from its natural gas and upstream businesses in the third quarter, even as oil-refining margins declined and it expects to lose money in chemicals.

October 7, 2024
Business, Fuel

Chevron Sells Canada Oil Sand, Shale Assets for $6.5 Billion

Chevron Corp. agreed to sell its stakes in some oil sands and shale assets to Canadian Natural Resources Ltd. for $6.5 billion.

October 7, 2024