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.

Fuel

Will There Be a Diesel Shortage in 2024?  

Despite persistent supply chain challenges, economic conditions and government regulations, the supply of diesel fuel is expected to keep pace with demand for 2024.

February 21, 2024
Business, Fuel

Lion Electric Drops on Revenue Miss, Dwindling Cash Balance

Shares of Lion Electric Co. fell as much as 10.5% after the electric vehicle manufacturer missed estimates for revenue and its cash balance dropped.

Monique Mulima | Bloomberg News
May 8, 2024
Business, Fuel

VW Brand to Beef Up Hybrid Offerings as EV Shift Stumbles

Volkswagen AG’s namesake brand plans to bolster its offering of plug-in hybrid cars in response to a slowdown in demand for fully electric vehicles.

Monica Raymunt | Bloomberg News
May 8, 2024
Business, Technology, Equipment, Fuel, Autonomous

Daimler Unwraps Autonomous, Electric Demonstration Truck

Daimler Truck unveiled plans May 8 to begin operating an autonomous, battery-electric Freightliner eCascadia demonstration truck.

Keiron Greenhalgh | Staff Reporter
May 8, 2024
Business, Fuel

Rivian Sticks With EV Forecast Despite First-Quarter Loss

Rivian Automotive fell short of Wall Street’s earnings expectations to start the year as the automaker works to revamp its manufacturing operations and boost output of electric vehicles.

Ed Ludlow and Kara Carlson | Bloomberg News
May 7, 2024
Government, Business, Fuel

Suspicious Chinese Frying Oil Hurting US Biofuels Business

China is flooding the U.S. with used cooking oil that the biofuel industry says may be tainted, hurting American farmers and President Joe Biden’s push to promote climate-friendly energy.

May 7, 2024
Business, Technology, Fuel, Logistics

WattEV’s Bakersfield Battery-Electric Charging Depot Opens

WattEV opened a battery-electric charging depot in Bakersfield, Calif., on May 6, its largest yet, the company said.

Keiron Greenhalgh | Staff Reporter
May 7, 2024
Government, Fuel

Diesel Price Sheds 5.3¢ to $3.894 a Gallon

The national average diesel price slid 5.3 cents a gallon to settle below $3.90 for the first time in 13 weeks, according to Energy Information Administration data released May 6.

May 6, 2024
Government, Business, Fuel

ATA, 8 Others Ask EPA to Adjust Biofuel Output Volumes

Renewable fuel production targets are too low to sustain the sector and have resulted in shuttered biofuel companies, a consortium of trade associations stated in a letter to EPA's Michael Regan.

Noël Fletcher | Staff Reporter
May 3, 2024
Business, Fuel

World’s Most Important Oil Price Transformed

After years of skepticism, criticism and trader furore, the world’s most important oil price is working better than ever thanks to an infusion of crude from west Texas.

May 3, 2024