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Government, Business, Technology, Equipment, Fuel

Oklahoma Legislature Creates Legal Infrastructure for Hydrogen Energy

Hydrogen A hydrogen storage tank. (onurdongel/Getty Images)

Oklahoma legislators have passed nine new laws creating a legal infrastructure for hydrogen fuel to better position residents and businesses to make, use and distribute the alternative energy source.

Noël Fletcher | Staff Reporter
May 25, 2022
Government, Business, Fuel

Drivers Begin to Balk at Record Gas Prices

Fuel prices at a gas station in Woodbridge, N.J. Fuel prices at a gas station in Woodbridge, N.J., on May 17. (Stephanie Keith/Bloomberg News)

U.S. gasoline demand — which earlier was expected to hold strong this summer despite soaring prices — is starting to show signs of cracks.

Chunzi Xu | Bloomberg News
May 25, 2022
Government, Business, Fuel

At $6.09 a Gallon, LA Pays Record Gasoline Price Over US Average

Ozone Traffic crosses the Vincent Thomas Bridge at the Ports of Long Beach and Los Angeles. (David McNew/Getty Images)

Los Angeles drivers know they pay more for gasoline than the average U.S. driver: It’s the price for cleaner air in a state that’s made being green part of its DNA.

Rob Golum and Chunzi Xu | Bloomberg News
May 25, 2022
Business, Equipment, Fuel

TotalEnergies to Buy Stake in US Renewables Firm Clearway Energy

Total Energies A fuel tanker at a TotalEnergies SE gas station in Berlin, Germany. (Krisztian Bocsi/Bloomberg News)

TotalEnergies SE said it will acquire a stake in a large U.S. renewables developer, another move by the European energy giant to expand its footprint in the American power sector.

Shoko Oda | Bloomberg News
May 25, 2022
Business, Fuel

Stellantis, Samsung Plan Indiana EV Battery Plant

The Stellantis sign in Auburn Hills, Mich. The Stellantis sign is seen outside the Chrysler Technology Center in Auburn Hills, Mich. (Carlos Osorio/Associated Press)

KOKOMO, Ind. — A joint venture between Stellantis and Samsung plans to build an electric vehicle battery factory in Indiana that will employ up to 1,400 workers and become the company’s second such factory in North America.

May 24, 2022
Government, Business, Fuel, TCA

Recession Might Be Only Way Diesel Costs Will Drop

Fuel prices at a station in Maine on May 19 The price of diesel reaches $6.34.9 per gallon at Dysart's Restaurant and Pub, May 19, in Bangor, Maine. (Robert F. Bukaty/Associated Press)

When industry pays more for diesel, it passes along the higher cost to customers and the financial pain ripples through the economy, driving inflation and squeezing everyday consumers. The only way out may be a painful one.

Amanda Drane | Houston Chronicle
May 24, 2022
Business, Technology, Fuel, Perspective

Perspective: How Fleets Can Prepare for EVs

There are so many developments occurring in the electric vehicle space that it is becoming hard to keep up. But before fleets rush out to invest in battery-electric trucks, there are important things that need to be taken into account — and not all of the considerations are obvious at first glance. Fleets interested in EVs need to start preparing now.

Gregg Nierenberg | President and CEO, Transervice Logistics Inc.
May 24, 2022
Business, Fuel

Lithium Miner Albemarle Lifts Outlook as EV Battery Demand Surges

Brine pools at the Albemarle Corp. lithium mine in Chile. Brine pools at the Albemarle Corp. lithium mine in Chile. (Cristobal Olivares/Bloomberg News)

Albemarle Corp., the world’s largest producer of lithium, raised its outlook for the second time this month as tight supply and growing electric vehicle demand forces battery makers to pay up for the metal.

Yvonne Yue Li | Bloomberg News
May 24, 2022
Business, Technology, Equipment, Fuel

Hyliion Q1 Revenue Rises on Sales of Hybrid ePowertrain

Hyliion Hyliion's Hypertruck ERX. (Hyliion Holdings Corp.)

Hyliion Holdings Corp. reported a net loss and higher revenue in the first quarter as it worked to move its core electric products into the market.

Roger Gilroy | Senior Reporter
May 23, 2022
Business, Technology, Equipment, Fuel

Experts Urge Preparation Now for Transition to EVs

VNR Electric A Volvo Trucks North America VNR Electric at a port. “It’s all location dependent. I think we’ll see more public charging facilities at the ports,” one expert said at the panel. (Volvo Trucks North America)

SCOTTSDALE, Ariz. — Sometime in the 2020s or early 2030s a growing number of traditional longhaul trucks could be running on hydrogen fuel cell systems while vans and trucks running regional and local routes — in the 150- to 250-mile per day range or going in and out of ports — will rely on battery-electric propulsion systems.

Dan Ronan | Associate News Editor
May 23, 2022