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, Technology, Fuel, TCA

Rivian Cuts 1% of Workforce in Second Round of Layoffs

Electric vehicle upstart Rivian, which recently put on pause plans to build a Georgia factory, said in mid-April it is laying off more workers as it cuts costs to buttress its balance sheet.

J. Scott Trubey | The Atlanta Journal-Constitution
April 19, 2024
Government, Business, Fuel

EPA Allows Summer Sales of Higher-Ethanol E15 Gasoline

The Biden administration is using emergency powers to authorize widespread sales of higher-ethanol E15 gasoline this summer, following a strategy it employed the previous two years.

April 19, 2024
Business, Technology, Fuel

Tesla Co-Founder J.B. Straubel Built an EV Battery Colossus

Redwood Materials, started by Tesla co-founder J.B. Straubel, is attempting to create a domestic loop using recycled critical metals for lithium-ion batteries.

Tom Randall | Bloomberg News
April 19, 2024
Government, Business, Fuel

A Weakening Diesel Market Is Becoming a Problem for Oil

The global diesel market is deteriorating, a concerning economic signal and food for thought for bullish oil traders.

April 18, 2024
Business, Technology, Fuel

US Has a Fast EV-Charging Station for Every 15 Gas Stations

Automakers may be pumping the brakes on EV production in the U.S., but charging challenges — traditionally a major hurdle to adoption — are vanishing at a rapid clip.

Kyle Stock | Bloomberg News
April 18, 2024
Government, Business, Fuel

US Reimposes Oil Sanctions on Venezuela

MIAMI — The Biden administration on April 17 reimposed crushing oil sanctions on Venezuela.

April 18, 2024
Government, Business, Fuel

US to Reimpose Venezuela Oil Ban Unless Maduro Acts Quickly

President Joe Biden’s administration intends to reimpose oil sanctions on Venezuela if Nicolas Maduro’s regime does not take steps to honor an agreement to allow a fairer vote in elections.

April 17, 2024
Business, Technology, Fuel

Nissan Says It Will Make Next-Gen EV Batteries by 2029

YOKOHAMA, Japan — Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said April 16.

Yuri Kageyama | Associated Press
April 16, 2024
Government, Business, Fuel

Macquarie: Biden Likely to Tap Oil Reserve for Summer Demand

The Biden administration will likely need to tap oil from the country’s emergency reserves to counter a spike in gasoline prices and amid inflation fears during the summer driving season.

Lucia Kassai | Bloomberg News
April 15, 2024
Government, Fuel

Diesel Price Drops 4.6¢ but Remains Above $4

The national average diesel price slid 4.6 cents to $4.015 a gallon, according to Energy Information Administration data released April 15. Diesel was last below $4 a gallon April 1.

April 15, 2024