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Business, Fuel

Texas Gas Stations Still Dark Following Big Freeze

 Gas pumps are out of service at an Exxon gas station in Houston Feb. 18. (Go Nakamura/Getty Images via Bloomberg News) Gas pumps are out of service at an Exxon gas station in Houston Feb. 18. (Go Nakamura/Getty Images via Bloomberg News

More than 1,700 gas stations are without electricity Feb. 19 because of the Texas power disaster, threatening to push pump prices even higher with key refineries in the state still shut.

Jeffrey Bair | Bloomberg News
February 19, 2021
Business, Technology, Fuel

Daimler Posts Income Increase, Revenue Dip in Q4

Ola Kallenius “Our financial results significantly exceeded expectations in 2020, due in particular to a strong fourth quarter,” said Daimler Chairman Ola Källenius. (Daimler AG)

Daimler AG reported a dip in revenue and a gain in net income in the fourth quarter compared with a net loss a year earlier.

Roger Gilroy | Senior Reporter
February 18, 2021
Business, Technology, Equipment, Fuel

DTNA’s Outgoing CEO Roger Nielsen Reflects on Industry’s Transformation

Daimler Nielsen speaks at a past industry show. (John Sommers II for Transport Topics)

Roger Nielsen’s four years as CEO of Daimler Trucks North America coincided with a time of rapid change in the commercial vehicle industry, highlighted by the introduction of electric-powered trucks and the continued advance of automated driving and connected vehicle technologies.

Seth Clevenger | Managing Editor, Features
February 18, 2021
Government, Business, Fuel

EPA Steps Up Efforts to Catch Emissions Tampering

EPA enforcement alert

The U.S. Environmental Protection Agency is in its second year of a four-year enforcement effort to catch truckers who are installing emissions defeat devices or otherwise tampering with emissions systems.

Eric Miller | Senior Reporter
February 18, 2021
Government, Business, Fuel, Logistics

Texas’ Gas-Export Clampdown Shocks Market as Blackouts Continue

American and Texas flags stand in front of the Chevron Pasadena Refinery in Texas. (Sharon Steinmann/Bloomberg News) American and Texas flags stand in front of the Chevron Pasadena Refinery in Texas. (Sharon Steinmann/Bloomberg News)

Texas is restricting the flow of natural gas across state lines in an extraordinary move that some are calling a violation of the U.S. Constitution’s commerce clause.

February 18, 2021
Government, Fuel

California Lawmakers Propose Ban on Fracking by 2027

Pump jacks operating in Bakersfield, Calif. (Jae C. Hong/Associated Press)

SACRAMENTO, Calif. — New legislation would ban all fracking in California by 2027, taking aim at the powerful oil and gas industry in a state already planning to ban the sale of new gas-powered cars by 2035.

Adam Beam | Associated Press
February 17, 2021
Business, Fuel

Oil Production Slumps by Record 40% as Permian Freezes

Pump jacks operate in the Permian Basin in Midland, Texas, on Feb. 13. (Matthew Busch/Bloomberg News) Pump jacks operate in the Permian Basin in Midland, Texas, on Feb. 13. (Matthew Busch/Bloomberg News)

Total U.S. oil production has plunged by close to 40% — the most ever — as an unprecedented cold blast freezes well operations across the central U.S., according to traders and industry executives with direct knowledge of the operations.

February 17, 2021
Business, Technology, Fuel

Ford to Go All Electric in Europe by 2030

Ford van assembly In this Oct. 9, 2018, file photo, workers assemble the Deutsche Post StreetScooter Work XL electric delivery van at the Ford car plant in Cologne, Germany. (Martin Meissner/AP)

FRANKFURT, Germany — Ford announced a major push into electric vehicles in Europe, vowing to convert its entire passenger car lineup on the continent to electrics by 2030.

Tom Krisher and David McHugh | Associated Press
February 17, 2021
Government, Business, Fuel

Diesel Climbs 7.5¢ to $2.876 a Gallon

Fuel image The price of a gallon of diesel fuel has risen by 13.8 cents the past two weeks. (Getty images)

Diesel surged 7.5 cents a gallon, boosting the price of trucking's main fuel by 13.8 cents the past two weeks, according to data released by the Energy Information Administration.

Dan Ronan | Associate News Editor
February 16, 2021
Business, Fuel

Arctic Blast Cuts US Oil Output by 2 Million Barrels a Day

Pump jacks operate in the Permian Basin in Midland, Texas, Feb. 13, 2021. (Matthew Busch/Bloomberg News) Pump jacks operate in the Permian Basin in Midland, Texas, Feb. 13. (Matthew Busch/Bloomberg News)

U.S. oil production has plunged by more than 2 million barrels a day as the coldest weather in 30 years brings havoc to key producing states that rarely have to deal with frigid Arctic blasts.

February 16, 2021

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