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The decline represents the largest weekly drop since Dec. 11, 2023, when prices fell 10.5 cents. At the national level, diesel remains 52.9 cents cheaper than the same week in 2023.

Mack Trucks now has 65 electric vehicle certified dealers in North America, it said.

The Biden administration plans to sell drilling rights in the Arctic National Wildlife Refuge, a last-minute maneuver that could complicate the incoming administration’s plans.

Days after laying off 400 staff and halting production at its Joliet, Ill., bus manufacturing plant, Lion continued its ongoing fundraising push with the building sale.

Chevron plans to slow production growth in the biggest U.S. oil field next year in the most definitive sign yet that President-elect Donald Trump faces an uphill battle to ramp up energy output.

DETROIT — The reliability of electric vehicles and plug-in hybrids has dramatically improved, narrowing a wide gap with gas-powered automobiles, according to the latest survey by Consumer Reports.

Hyundai announced Dec. 4 it deployed 21 of its Xcient hydrogen fuel cell electric trucks in Georgia to ferry supplies between the ports and the automaker’s newly opened $7.6 billion EV factory.

FRANKFURT, Germany — Eight members of OPEC+ decided Dec. 5 to put off increasing oil production as they face weaker than expected demand and competing production from non-allied countries.

Liberty Energy CEO Chris Wright is President-elect Donald Trump's nominee to head the Department of Energy. He favors fossil fuels and has doubts about electric vehicles.

With OPEC+ set to make a pivotal decision on production policy, oil prices remain resolutely rangebound, even with a second Donald Trump presidency imminent.