Fuel

LAS VEGAS — Nikola Corp. showcased the range and maneuverability of its hydrogen fuel cell electric truck Jan. 7 during a test ride at CES 2024.

Supply is back in the driver’s seat for global crude markets, as rising production from non-OPEC+ nations including the U.S. may outstrip global demand that’s growing at a slower pace.

A consortium of 21 states has filed a federal lawsuit claiming that President Joe Biden and his administration have overstepped their authority in taking steps to regulate greenhouse gas emissions.

Nationwide on-highway retail diesel prices ended 2023 some 14.5% below where they began the year.

The national average diesel price resumed its decline after a one-week increase, slipping 3.8 cents to $3.876 a gallon, according to Energy Information Administration data on Jan. 1.

2024 Diesel prices for Comdata are based on seven–day cash card transactions from more than 6,500 truck stops. T-Chek prices for self-service are based on purchases at more than 4,500 truck stops; wholesale prices are based on terminals and suppliers from 308 cities.

2024 Diesel prices from the U.S. Energy Information Administration are drawn from a weekly national survey of about 400 diesel service centers.

A spike in prices in the eastern half of the U.S. led to the first weekly national diesel average increase in nine weeks, with a two-cent spurt to $3.914 a gallon.

Diesel prices from the U.S. Energy Information Administration are drawn from a weekly national survey of about 400 diesel service centers.

Federal funding for hydrogen fuel hubs and competition for economic development projects were central themes among state governments in 2023.