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, Business, Technology, Equipment, Fuel

EPA Grants 4 States $248.9M for I-95 EV Truck Charging Sites

EPA is paying $248.9 million to develop 24 electric truck charging sites for medium- and heavy-duty vehicles along the Interstate 95 freight corridor in four East Coast states.

Noël Fletcher | Staff Reporter
October 31, 2024
Government, Business, Fuel

Colonial Pipeline Weighs Bids for Potential $10B Sale

The Alpharetta, Ga.-based company is working with advisers as it seeks to gauge interest from potential buyers, according to sources who asked not to be named.

David Carnevali | Bloomberg News
October 29, 2024
Government, Business, Fuel

Soybean Demand Drops as US Biofuel Tax Credit Stalls

Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans because of uncertainty over U.S. biofuels policy.

October 29, 2024
Government, Business, Fuel

Oil Prices Fall on Weak Global Demand

Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared.

October 29, 2024
Government, Fuel

Diesel Price Nudges Up 2¢ to $3.573 a Gallon

The U.S. average diesel price edged up 2 cents, reaching $3.573 per gallon, according to U.S. Energy Information Administration data released Oct. 28.

October 28, 2024
Business, Technology, Equipment, Fuel

Ford’s Profit Outlook Falls Short as EV Demand Slows

Adjusted earnings before interest and taxes this year will be about $10 billion, down from a previous outlook for as much as $12 billion, the company said Oct. 28.

Keith Naughton | Bloomberg News
October 28, 2024
Business, Technology, Equipment, Fuel

Voltera Adds Two California Truck Charging Locations

“Securing these two sites in California is a significant step forward in our mission to support the electrification of commercial fleets,” said Sylvia Hendron.

Keiron Greenhalgh | Staff Reporter
October 28, 2024
Business, Fuel

As Crude Fades, Big Oil Must Borrow to Pay Investors

Weaker crude prices and refining margins are likely forcing four of the five supermajor oil companies to borrow money to fund $15 billion in share buybacks for the most recent quarter.

October 28, 2024
Business, Technology, Equipment, Fuel

Tesla Targets Full Semi Production by End of 2026

Tesla expects production of its Semi Class 8 tractor to accelerate to full throttle by the end of 2026, according to a senior executive, as the automaker offers more details about the vehicle.

Keiron Greenhalgh | Staff Reporter
October 25, 2024
Government, Business, Technology, Fuel

Biden Greenlights Lithium Mine in Race to Secure Supply

Ioneer Ltd.’s Rhyolite Ridge Lithium-Boron Project in Nevada has received its federal permit from the Bureau of Land Management, according to a company statement Oct. 24.

Yvonne Yue Li | Bloomberg News
October 24, 2024