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.

Business, Equipment, Fuel

ETruck Sees Hybrid-Converted Semis Arriving by End of 2024

ETruck Transportation expects to begin producing powertrains that turn Class 8 diesel trucks into hybrid battery-electric vehicles by the end of 2024, according to a senior executive.

Keiron Greenhalgh | Staff Reporter
June 13, 2024
Business, Fuel

Honda Launches Long-Awaited Electric Van Starting at $15,550

Honda will launch its long-awaited electric van in October, starting at $15,550, as it pushes forward with its decarbonization goals despite a slowdown in electric vehicle sales.

Supriya Singh | Bloomberg News
June 12, 2024
Government, Business, Technology, Fuel

States Challenge California on Emissions Legal Activism

Alabama is leading a 19-state coalition suing five states in the Supreme Court for pursuing what the group calls “ruinous liability and coercive remedies” in legal actions against energy companies.

Noël Fletcher | Staff Reporter
June 11, 2024
Government, Business, Technology, Equipment, Fuel, Logistics, For-Hire, Private

Private Fleets Pursuing Emissions Goals More Aggressively

Across all areas of the economy, shippers are facing increasing pressure to make their operations more sustainable and to meet environmental, sustainability and governance targets.

Amanda Smith-Teutsch | Special to Transport Topics
June 11, 2024
Business, Fuel

OPEC Still Sees Strengthening Oil Demand

OPEC maintained forecasts for strengthening oil demand in the second half of the year, as the group and its allies prepare to revive some halted supplies.

Grant Smith | Bloomberg News
June 11, 2024
Government, Fuel

Diesel Price Continues Decline, Falls 6.8¢ to $3.658

The national average diesel price keeps dropping, decreasing 6.8 cents a gallon to $3.658, according to Energy Information Administration data released June 10.

June 10, 2024
Business, Fuel

Noble to Buy Rival Driller Diamond Offshore

Noble Corp., the world’s biggest offshore oil rig contractor by market value, agreed to buy its smaller rival Diamond Offshore Drilling Inc. in a deal valued at $1.6 billion.

Joe Ryan | Bloomberg News
June 10, 2024
Business, Fuel

Shale Drilling Slides to Lowest Level of Activity Since 2022

Drilling in the U.S. shale patch dropped to the lowest level in almost 2½ years as operators vow to make good on promises to investors for subdued production growth this year.

David Wethe | Bloomberg News
June 7, 2024
Government, Business, Fuel

Real-World Mileage Standard for New Vehicles Rising

WASHINGTON — New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules.

Matthew Daly | Associated Press
June 7, 2024
Government, Business, Fuel

Kentucky Gov. Beshear Pushes Back on Trump-Led EV Attacks

FRANKFORT, Ky. — EVs have built up enough momentum from job growth and investments to steer past any roadblocks from Donald Trump and other critics, Kentucky Gov. Andy Beshear said.

Bruce Schreiner | Associated Press
June 7, 2024