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Government, Business, Technology, Fuel

ChargePoint CEO Sees Electric Pickups Winning Over Americans

ChargePoint Holdings Inc. CEO Pasquale Romano ChargePoint Holdings Inc. CEO Pasquale Romano by Alex Flynn/Bloomberg News

The largest vehicle charging network in the U.S. is counting on electric pickup trucks to finally win over American drivers for EVs.

David R. Baker | Bloomberg News
June 4, 2021
Business, Technology, Fuel

Workhorse Soars 83% in Three Days on Newfound Retail Fandom

The Workhorse C650 electric step van. (Workhorse Group) The Workhorse C650 electric step van. (Workhorse Group)

Troubled electric truck startup Workhorse Group Inc. has become the latest darling of retail traders, who have pushed its share price up 83% in just three trading sessions.

Esha Dey | Bloomberg News
June 3, 2021
Government, Business, Technology, Fuel

Rise of Electric Vehicles Presents Questions About Transportation Funding

EV charging Dania Maxwell/Bloomberg News

While electric vehicles and alternative fuels contribute to reducing greenhouse gas emissions, their continued adoption forces states to rethink transportation funding sources that currently come from taxes on diesel and gasoline.

Eleanor Lamb | Staff Reporter
June 3, 2021
Business, Technology, Fuel, Autonomous

Cheeseburger While You Charge? Musk Pursues Tesla Restaurant Concept

Tesla CEO Elon Musk In 2018, Elon Musk revealed plans to launch a tequila after registering for the “Teslaquila” trademark. (Getty Images)

Move over, In-N-Out Burger. Elon Musk, CEO of Tesla Inc., is one step closer to opening a diner.

Hannah Elliott | Bloomberg News
June 2, 2021
Government, Business, Fuel

American Travel Spree Proves Market Right to Be Bullish on Oil

Fuel Gasoline is delivered to a Shell station. (Daniel Acker/Bloomberg News)

From bustling U.S. airports to surging demand for gasoline, all signs from this past Memorial Day weekend reaffirm the oil market’s bet that Americans will be out traveling in force this summer.

June 2, 2021
Government, Fuel

Diesel Price Nearly Flat; Increase Is Only Two-Tenths of a Cent

Trucker filling up with gasoline A fuel truck driver checks the gas tank level at a United Oil station in in Los Angeles. The national average price for a gallon of gasoline rose seven-tenths of a cent to $3.027. (Damian Dovarganes/Associated Press)

The national average price of diesel barely moved this past week, inching up two-tenths of a cent, according to Energy Information Administration data released May 31.

Dan Ronan | Associate News Editor
June 1, 2021
Government, Business, Fuel

Oil Tops $70 a Barrel for First Time Since 2019

People fill vehicles with fuel at a Royal Dutch Shell gas station in Sumter, S.C. Customers fuel up at a Royal Dutch Shell gas station in Sumter, S.C. (Micah Green/Bloomberg News)

Oil resumed its advance, reaching the highest settlement in more than two years with the OPEC+ alliance forecasting a tightening global crude market and a nuclear deal with Iran still up in the air.

June 1, 2021
Government, Business, Technology, Fuel

Cargill Backs Cow Masks to Trap Methane Burps

 A dairy cow fitted with a wearable methane reducing mask, developed by Zelp Ltd. A dairy cow fitted with a wearable methane reducing mask, developed by Zelp Ltd. (Hollie Adams/Bloomberg News)

Agriculture giant Cargill Inc. will start selling methane-absorbing wearable devices for cows, putting its support behind an experimental technology that could help the industry cut greenhouse gas emissions.

Agnieszka de Sousa | Bloomberg News
June 1, 2021
Business, Technology, Fuel

IEA Says Oil Demand May Return to Pre-Crisis Levels in a Year

Storage Tanks Oil storage tanks in Cushing, Okla. (Daniel Acker/Bloomberg News)

Global oil demand may rebound to levels seen before the pandemic in a year, the International Energy Agency said, signaling a speedier recovery than its previous estimates.

June 1, 2021
Business, Technology, Equipment, Fuel, Logistics

Volvo, Albertsons Complete First Zero-Emission Frozen Food Shipment

Volvo electric truck making Albertsons grocery delivery Albertsons' May 28 delivery of frozen food to a store in Irvine, Calif., was made by a Volvo VNR Electric truck. (Jerry Hirsch)

Albertsons Cos. completed the nation’s first delivery of a refrigerated grocery load with zero-tailpipe emissions technology by deploying a Volvo electric truck and an Advanced Energy Machines electric trailer.

Jerry Hirsch | Contributing Writer
June 1, 2021