Fuel

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.

Government, Fuel

Diesel Price Drops 4.6¢ but Remains Above $4

The national average diesel price slid 4.6 cents to $4.015 a gallon, according to Energy Information Administration data released April 15. Diesel was last below $4 a gallon April 1.

April 15, 2024

Daily Briefings from Transport Topics

Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.

Business, Fuel

Shale Oil ‘Fracklog’ Resumes Expansion After Yearlong Hiatus

Shale explorers are drilling wells faster than they’re fracking them, a strong signal that U.S. oil production growth is slowing.

April 15, 2024
Business, Fuel, Logistics, For-Hire

Kenan Advantage Group Owner Omers Exploring IPO

Omers Private Equity is exploring an initial public offering of Kenan Advantage Group, one of North America’s biggest tank truck transporter and logistics providers, according to sources.

Gillian Tan and Paula Sambo | Bloomberg News
April 12, 2024
Government, Business, Fuel

IEA Warns Attacks on Russia Plants May Disrupt Diesel Market

The flurry of Ukrainian drone attacks on Russia’s oil refineries risks disrupting global markets for petroleum products, the International Energy Agency said.

April 12, 2024
Business, Fuel

OPEC Says Oil Needs Monitoring Amid Summer Demand

Oil will need to be closely watched in the coming months to ensure “a sound and sustainable market balance” during an expected surge in demand, OPEC said in its monthly oil market report.

Alex Longley | Bloomberg News
April 11, 2024
Government, Business, Safety, Fuel, Autonomous

Feds: Ford Driver Using Automated System Before Fatal Crash

DETROIT — The driver of a Ford electric SUV involved in a February fatal crash in Texas was using the company's partially automated driving system before the wreck, investigators said.

April 11, 2024
Government, Business, Fuel

Energy Researcher: Peak Oil Won’t Happen Before 2030

Global oil demand won’t peak before the end of this decade due to underwhelming fuel economy standards and slowing adoption of electric vehicles in the U.S., energy researcher Enverus says.

Tope Alake | Bloomberg News
April 10, 2024
Government, Business, Fuel, Logistics

Baltimore Port Closure Means 35% Drop in April Coal Exports

Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% this month.

Will Wade | Bloomberg News
April 10, 2024
Business, Equipment, Fuel, TCA

Rivian Hosts R2 Event in Illinois at New Production Home

Rivian Automotive was back in Normal, Ill., on April 6 with its second-generation EVs and the promise of more activity at a now-bustling auto plant.

Robert Channick | Chicago Tribune
April 9, 2024
Government, Business, Technology, Fuel, TCA

Obscure Energy Calculation Could Speed Up EV Future

WASHINGTON — Overshadowed by the tailpipe emissions rule, the Department of Energy finalized changes to a calculation that could impact automakers’ ability to sell gas-powered vehicles.

Grant Schwab | The Detroit News
April 9, 2024