A fleet of ships carrying diesel, one of the world’s most important fuels, is heading for European markets facing energy-security threats from high temperatures, soaring gas prices and Russian disruption.
August 18, 2022Fuel
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Business, Technology, Equipment, Fuel 
The Sunny Liger, a Marshall Islands-flagged tanker with a consignment of Russian diesel, anchored in the North Sea, near IJmuide. (Paul Martens/AFP/Getty Images)
Flotilla of Diesel Ships Heads to Europe Amid Energy Crisis
The Sunny Liger, a Marshall Islands-flagged tanker with a consignment of Russian diesel, anchored in the North Sea, near IJmuide. (Paul Martens/AFP/Getty Images) Government, Fuel 
Minnesota Gov. Tim Walz says the state's petroleum providers continue to report a shortage of qualified truck drivers. (Fox 9 Minneapolis-St. Paul via YouTube)
Minnesota Governor Extends Driving Hours for Fuel Transportation
Minnesota Gov. Tim Walz says the state's petroleum providers continue to report a shortage of qualified truck drivers. (Fox 9 Minneapolis-St. Paul via YouTube)With lower fuel inventories and harvest season expected to increase demand, Minnesota’s governor extended for another month an order enabling more driving hours to transport fuel.
August 18, 2022 Business, Technology, Equipment, Fuel 
An overhead view of the Cummins X15N engine (Cummins Inc.)
Paccar to Offer Cummins X15 Natural Gas Engine
An overhead view of the Cummins X15N engine (Cummins Inc.)Paccar Inc. announced it will offer the new Cummins Inc. X15N natural gas engine in its Kenworth and Peterbilt truck brands.
August 17, 2022 Government, Business, Fuel 
Gasoline sales plunged 1.8%, reflecting a drop in pump prices. (Daniel Acker/Bloomberg)
Retail Sales Were Flat in July
Gasoline sales plunged 1.8%, reflecting a drop in pump prices. (Daniel Acker/Bloomberg)WASHINGTON — The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many households to spend more cautiously.
August 17, 2022 Business, Equipment, Fuel 
Navistar's S13 Integrated Powertrain consists of three distinct components – an engine, a transmission and an aftertreatment system. (Navistar Inc.)
International Truck Launches Updated Powertrain
Navistar's S13 Integrated Powertrain consists of three distinct components – an engine, a transmission and an aftertreatment system. (Navistar Inc.)LAS VEGAS – Navistar Inc. premiered a new, integrated powertrain as part of an update for its International LT Series truck line Aug. 16.
August 16, 2022 Government, Fuel 
Diesel fell by the most, 17.6 cents, in New England. The average price for a gallon in the region is $5.175. (David Paul Morris/Bloomberg News)
Diesel Falls 8.2¢ to Reach $4.911 a Gallon
Diesel fell by the most, 17.6 cents, in New England. The average price for a gallon in the region is $5.175. (David Paul Morris/Bloomberg News)The national average price of diesel continued on its downward path, dropping 8.2 cents to settle at $4.911 a gallon, according to Energy Information Administration data released Aug. 15.
August 15, 2022 Government, Business, Fuel 
David Paul Morris/Bloomberg News
Average Gasoline Price Falls 45 Cents to $4.10 per Gallon
David Paul Morris/Bloomberg NewsCAMARILLO, Calif. — The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon.
August 15, 2022 Business, Technology, Equipment, Fuel 
Stellantis Maserati Ghibli luxury automobiles travel along the production line at the Grugliasco factory in Turin, Italy. (Alessia Pierdomenico/Bloomberg News)
Stellantis May Invest Billions to Make EVs in Mexico
Stellantis Maserati Ghibli luxury automobiles travel along the production line at the Grugliasco factory in Turin, Italy. (Alessia Pierdomenico/Bloomberg News)Stellantis NV is considering renovating a plant in Mexico to build hybrid and electric vehicles as it transforms its lineup to meet surging demand for battery-powered transport.
August 12, 2022 Government, Business, Technology, Equipment, Fuel 
Nikola Tre by Nikola Motor Co. via YouTube
Tesla, Nikola Race for Up to $40,000 Incentives
Nikola Tre by Nikola Motor Co. via YouTubeThe Inflation Reduction Act would give up to $40,000 tax credits per heavy-truck purchase, suggesting that competition to get the Tesla Semi to compete with Nikola will heat up.
August 12, 2022 Business, Fuel 
The interior of the Rivian R1T electric pickup truck. (Jamie Kelter Davis/Bloomberg News)
Rivian Cuts Annual Earnings Forecast on Inflation, Supply Woes
The interior of the Rivian R1T electric pickup truck. (Jamie Kelter Davis/Bloomberg News)Rivian Automotive Inc. posted quarterly sales above Wall Street’s expectations and reaffirmed its delivery forecast, but the electric vehicle maker trimmed its full-year earnings expectations as it continues to grapple with supply chain snags, high costs and economic volatility.
August 11, 2022