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Business, Technology, Fuel

Carmakers Shed 80,000 Jobs as Electric Shift Upends Industry

Workers at Daimler Equipment is set into a truck chassis at Freightliner's Cleveland, N.C., plant. Freightliner is a subsidiary of Daimler Trucks North America. (Freightliner via YouTube)

It’s turning out to be one of the worst years ever for auto workers across the globe amid shrinking demand and a tectonic shift in vehicle technology.

December 4, 2019
Government, Business, Technology, Fuel

Trump Asks Court to Toss California Auto Emissions Lawsuit

110 freeway near downtown Los Angeles An aerial view looking south over the 110 freeway through downtown Los Angeles. (Matt Gush/Getty Images)

President Donald Trump’s administration asked a federal judge to throw out California’s lawsuit seeking to preserve its power to regulate tailpipe greenhouse gas emissions, saying Washington has the last word in setting fuel economy standards.

Andrew Harris | Bloomberg News
December 3, 2019
Business, Technology, Fuel

Billionaires Investing in China’s Electric Cars Face Shakeout

Electric car The Xpeng G3. (Qilai Shen/Bloomberg News)

Some of China’s wealthiest tycoons steered billions of dollars into electric car companies to fuel the country’s dreams of becoming a leader in the field. Now a reckoning may be looming as car sales slow and the government reduces subsidies for the nascent industry.

December 3, 2019
Business, Technology, Equipment, Fuel

Nikola Battery-Electric Truck Slated for Europe in 2021

Nikola TRE hydrogen fuel cell truck Nikola debuted the TRE hydrogen fuel cell truck for the European market April 16, 2019. (Nikola Motor Co./YouTube)

Nikola Corp., Iveco and FPT Industrial announced they have begun development of their joint venture’s first truck: the battery-electric Nikola TRE.

Roger Gilroy | Staff Reporter
December 3, 2019
Government, Business, Technology, Safety, Fuel, Autonomous

Diesel Inches Up 0.4¢ to $3.07 Per Gallon

Trucks fill up on diesel Diesel costs 13.7 cents less than it did a year ago. (John Sommers II for Transport Topics)

The U.S. average retail price of diesel rose 0.4 cent to $3.07 a gallon, the Department of Energy reported Dec. 2.

Roger Gilroy | Staff Reporter
December 2, 2019
Government, Business, Fuel

OPEC+ Gambles That US Shale’s Golden Age Is Over

drill rig A pumpjack operates as a drill rig sits on a well pad in the Bakken Formation in Williston, N.D. (Daniel Acker/Bloomberg)

When the Organization of Petroleum Exporting Countries meets this week, ministers will discuss whether to extend their current output target, because they believe relentless U.S. oil production growth will slow rapidly next year.

Javier Blas | Bloomberg News
December 2, 2019
Government, Business, Fuel

Diesel Falls 0.8¢ to $3.066 a Gallon

Diesel pump Diesel prices fell in six regions and rose in four. (Associated Press)

The U.S. average retail price of diesel dipped 0.8 cent to $3.066 a gallon, the Department of Energy reported Nov. 25.

Roger Gilroy | Staff Reporter
November 25, 2019
Government, Business, Safety, Fuel

US House Transportation Committee Advances Pipeline Safety Bill

oil pipeline An oil pipeline. The House Energy and Commerce Committee advanced the measure Nov. 19. (Getty Images)

Legislation that aims to enhance safety across pipeline systems, as well as tackle concerns related to climate change, recently was advanced by a panel in the U.S. House of Representatives.

Eugene Mulero | Staff Reporter
November 25, 2019
Business, Fuel

Natural Gas Glut Has US Exporters Facing Worst-Case Scenario

Natural Gas The Cheniere Energy Inc. liquefied natural gas export terminal in Corpus Christi, Texas. (Eddie Seal/Bloomberg News)

A global glut of natural gas has gotten so massive that U.S. exporters could soon face their worst-case scenario: Halting shipments to get supply and demand back in balance.

November 25, 2019
Business, Technology, Equipment, Fuel

Webasto Announces Modular Battery, Other Technologies

Webasto Group announced a new modular battery system as well as thermal management and charging technologies for the North American commercial vehicle and automotive e-mobility markets.

November 22, 2019