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GM is bracing for the early expiration of $7,500 in consumer tax credits for the purchase of EVs added during the Biden administration that President Trump and the Republican Congress have cut.

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The majority of the oil giant’s job cuts, which are in the range of 20% to 25% of its roughly 13,000-strong workforce, will occur this year, the company said in an email Sept. 3.

The extra barrels have so far only put modest downward pressure on crude prices, but threaten to unleash a major surplus in the coming months, according to the International Energy Agency.

Tesla’s worldwide vehicle deliveries fell 13% in the first half of the year, putting the company on course for its second consecutive annual decline.

The manufacturer on Sept. 3 unveiled a camouflaged version of the ID. Polo, which is expected to be priced below €25,000 ($29,125) when it goes on sale next year.

Money managers turned the most bullish on diesel in four weeks after Fed Chair Jerome Powell signaled openness to a rate cut last month.

Information gathered will inform a Request for Proposals on facility upgrades that will open to vendors next year. The state’s current fuel contracts expire in 2027.

Houston-based Pinch is seeking to expand its flatbed less-than-truckload and truckload operations for oil and natural gas exploration and service companies with the deal.

Hawaii was the first state to create a mandatory road usage charge program to make up for decreases in fuel tax revenue due to the growing number of electric, hybrid and fuel-efficient cars.