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, Business, Technology, Fuel

EV Battery Aid Hangs in Balance as US Finalizes Climate Law

The interpretation of a regulation by the Treasury Department could upend expectations for how tens of billions of dollars in new electric vehicle tax incentives will be distributed.

Tom Randall | Bloomberg News
March 22, 2023

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Business, Technology, Equipment, Fuel

Cooking Oil Shortage Looms as Biofuels Gain Appeal

A global biofuel boom is set to drive a shortage of vegetable oils — used for cooking and now increasingly to power trucks and planes — intensifying a debate over food versus fuel.

Anuradha Raghu | Bloomberg News
March 22, 2023
Business, Technology, Equipment, Fuel

Ford Tiptoes Toward a Big Reveal of EV Losses

Ford Motor Co.’s Jim Farley was told recently of a survey that found investors overwhelmingly believe legacy automakers can’t be cost competitive with Tesla Inc.

March 22, 2023
Government, Fuel

Diesel Sheds 6.2¢ to $4.185

The national average price of diesel continued its descent, sliding 6.2 cents to $4.185 a gallon in its seventh straight decline.

March 20, 2023
Business, Technology, Equipment, Fuel

Tesla’s Vision of EVs Could Spur Magnet Race

Tesla Inc.’s ambition to remove rare earths from future models has producers in the sector reeling, but it also should spur global efforts to deliver alternatives for electric car motors that currently rely on the materials.

Annie Lee | Bloomberg News
March 20, 2023
Government, Business, Technology, Fuel, Logistics, TCA

Ports of L.A., Long Beach Join Bid to Be Hydrogen Fuel Hub

The Los Angeles and Long Beach ports want to be part of a statewide clean hydrogen hub, through which they would get funding to test usage of the fuel to power trucking and terminal equipment.

Donna Littlejohn | Los Angeles Daily News
March 17, 2023
Government, Fuel

Biden Adviser Says US Won’t Rush to Fill Petroleum Reserve

The U.S. is committed to replenishing the Strategic Petroleum Reserve but won’t rush to do so despite the recent decline in oil prices, Biden administration adviser Amos Hochstein said.

Courtney McBride | Bloomberg News
March 17, 2023
Government, Fuel

Premium Gasoline Is Getting More Expensive at the Pump

The premium paid by drivers of luxury cars and large SUVs over regular fuel is increasing due to a number of industry factors, including environmental regulations and refining capacity.

March 17, 2023
Government, Business, Fuel

California Regulators Could Decide Oil Profits Penalty

California Gov. Gavin Newsom said March 15 he wants state regulators to decide whether to impose the nation’s first penalty on oil companies for price gouging.

Adam Beam | Associated Press
March 16, 2023
Business, Technology, Equipment, Fuel, Top 100

Purolator Plans Largest Investment to Electrify Network

Purolator Inc. will make its largest investment at $1 billion to electrify its Canadian network over the next seven years, the company announced March 9.

March 15, 2023