DOE Boosts Hydrogen Efforts With $750 Million in Funding
The U.S. Department of Energy announced it intends to issue $750 million in funds to dramatically lower the cost of hydrogen technologies for heavy-truck fuel cells as well as hydrogen delivery and storage.
DOE Lends $2.5 Billion to GM Venture for EV Batteries
WASHINGTON — A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states.
DOE Provides $128 Million for Electrified Truck Development
The Department of Energy's Office of Energy Efficiency and Renewable Energy is providing funding to five original equipment manufacturers as part of its SuperTruck 3 initiative.
DOE Announces $59 Million for Vehicle Technology Research
The U.S. Department of Energy announced it is devoting $59 million to 43 projects that will explore advanced vehicle technology research.
Diesel Slips 0.2¢ to $2.596 a Gallon
The U.S. average retail price of diesel dipped 0.2 cent to $2.596 as crude oil prices were flat from the week before and failed to clear $48 a barrel amid forecasts U.S. shale oil production will set a record in September, experts said.
Diesel Rises Again, Up 6¢ to $2.357
The U.S. retail diesel average jumped 6 cents to $2.357, the Department of Energy said, increasing for the 13th time in 14 weeks.
May 23, 2016DOE Lowers Diesel-Price Forecast to $3.07
Diesel will average $3.07 a gallon next year, the Department of Energy said Dec. 9, lowering its most recent forecast by 31 cents.