Fuel News

A global supply crunch has U.S. refineries producing jet fuel at a record pace while skewing output away from gas, setting up a potential production clash.

The Eisenhower-era account, which helps states pay for infrastructure maintenance, will be central to upcoming votes on the highway reauthorization measure.

Officials are considering language that gradually restores the taxes on gasoline and diesel, potentially over more than a year, to avoid shortages.

Brent crude, the international standard, fell 1% to $111.02 a barrel.

The vote, more than 95% in favor at Shell’s annual meeting in London, raises the maximum long-term share award for CEO Wael Sawan from 600% to 900% of salary. 

The settlement is the latest in a series between truck and engine manufacturers and the California agency related to nitrogen oxide emissions.

Windrose expects to start assembly of its R700 Class 8 battery-electric tractor at sites in Georgia and Washington state by the end of 2026.

Brent crude, the international standard, rose 1.4% to $110.80per barrel.

Program Aired: May 18, 2 p.m. ET David Hillman, vice president of integrated technology sales, and Michael Noonan, vice president of product regulatory, certification and compliance for International Motors, join Seth Clevenger to provide clarity on the current emissions regulatory landscape and share what fleet leaders need to know now to make informed decisions for the years ahead.

The decision underscores the pressure President Donald Trump faces to rein in higher fuel costs and address a global supply crunch caused by the Iran war.