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The expansion of the company’s Transwestern Pipeline networks will provide an outlet for Permian gas producers that have struggled with a dearth of shipping capacity.

The tax package that President Donald Trump signed into law last month included a rule change that attacked what’s been an important source of revenue for Rivian and Tesla for years.

Supply chain turmoil and an increase in tariffs globally are bolstering the costs of all industrial manufacturers — particularly those using aluminum, steel and copper, Eaton noted.

The energy infrastructure company also sees years of robust demand for the fuel, which currently makes up about 15% of the market, according to CEO Chad Zamarin.

The filing came the same day Tesla directors disclosed their decision to grant Elon Musk an interim stock award — valued at $30 billion — while a legal fight over his 2018 pay package drags on.

Singapore’s first charging and swapping station for big rigs can replace batteries in under five minutes. The entirely automated process can handle 60 trucks a day.

The move could lower oil and gasoline prices amid low oil inventories, and follows an OPEC+ decision in July to boost production by 548,000 barrels per day in August.

Iowa biodiesel retailers were awarded the lion’s share of $1.12 million in state grants to boost their biofuel capacity through new and expanded infrastructure projects.

Oil prices slumped as OPEC+ ramped up production.

Program Airs: August 28, 2 p.m. ET Tim Haynes, vice president of digital and customer data at Penske Transportation Solutions, joins Seth Clevenger for a special one-on-one conversation to explore how modern fleet benchmarking solutions and AI-powered analytics are revolutionizing fleet management planning and operations.