energy News Updates

Perspective, Fuel

Opinion: Trucks + Shale = Energy Independence

With apologies to Charles Erwin Wilson of General Motors in 1919, 鈥淲hat is good for trucking is good for America.鈥 The responsible development of North America鈥檚 shale oil and gas reserves has been very good for trucking 鈥 especially for the tank truck segment 鈥 and represents our nations鈥 best chance to achieve energy independence.

July 8, 2013
Fuel

Moniz Sworn in as Energy Secretary

Ernest Moniz was sworn in as Secretary of Energy, less than a week after the Senate unanimously confirmed President Obama鈥檚 nomination of the former Massachusetts Institute of Technology physicist.

May 22, 2013
Government, Fuel

Energy Secretary Chu Stepping Down

Energy Secretary Steven Chu is stepping down, following last week鈥檚 announcement that Transportation Secretary Ray LaHood is leaving the Obama administration.

February 4, 2013
Fuel

OEM Experiments With Hybrids, but Focuses Efforts on Alt-Fuels

WENDOVER, Utah 鈥 A Volvo Group-manufactured hybrid truck set two preliminary world speed records last month, but the company鈥檚 North American brand has no plans to use that technology in trucks, instead focusing its efforts on alternative fuels.

May 7, 2012
Fuel

Two Freight Companies Tap Solar Energy To Provide Electrical Power for Operations

Two freight transportation firms 鈥 one in California and one in Michigan 鈥 are tapping solar energy to provide electrical power for their operations.

December 5, 2011
Fuel

Tank Truck, Flatbed Carriers Gain as Oil and Gas Exploration Grows

Many tank truck and flatbed carriers are enjoying strong growth by tapping into the booming oil and natural-gas exploration business, industry experts said.

October 10, 2011
Fuel

U.S. Must Lift Oil Production to Ease Prices, Graves Says

American Trucking Associations President Bill Graves said Congress and the Obama administration must take steps to increase oil production in the Gulf of Mexico, but that domestic oil production alone would not provide a solution to high diesel fuel prices that are hurting the trucking industry.

April 4, 2011
Fuel, Business

Diesel To Average $3.19 Next Year, DOE Says

Diesel will continue to rise into next year, averaging $3.19 at the pump in 2011, the Department of Energy said.

November 9, 2010
Business, Fuel

Clean Energy Trims Third-Quarter Loss

Clean Energy Fuels Corp., which provides fuel for natural gas-powered vehicles, said Tuesday its third-quarter loss was smaller than a year ago, as revenue jumped 46%.

November 9, 2010
Fuel, Business

DOE Holds Diesel Forecast Under $3 a Gallon

The Department of Energy said diesel will average just聽below $3 a gallon this year, in line with its previous forecasts, but will climb over that level in 2011.

August 10, 2010