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Diesel Rises 2.6¢; Biden Stops Development of Keystone XL Pipeline

Truckers are continuing to see higher diesel prices as the nationwide cost of trucking’s main fuel rose 2.6 cents, the Energy Information Administration reported Jan. 18.

January 19, 2021

Spending on Global Energy Transition Hits Record $500 Billion

The world spent a record $501.3 billion in 2020 on renewable power, electric vehicles and other technologies to cut the global energy system’s dependence on fossil fuels.

January 19, 2021

Trump Aims to End Ethanol Warning Labels in Biofuel Policy Blitz

The Trump administration advanced a flurry of biofuel policy proposals Jan. 15, including plans that could help ethanol producers sell more of the corn-based fuel.

January 15, 2021

EPA Readies Biofuel Waivers, Delays for Trump’s Final Days

The Trump administration is expected to exempt some oil refineries from 2019 mandates to use renewable fuel as it readies possible last-minute moves on U.S. biofuel policy.

January 13, 2021

Saudis Curb Oil Supply to Some Buyers After Vow to Pump Less

Saudi Arabia reduced crude oil supplies to at least 11 refiners in Asia and most buyers in Europe after the kingdom volunteered to cut its production by 1 million barrels a day for February and March.

January 13, 2021

Exports Boosted US Shale Market, but Long-Term Demand Uncertain

These past five years could very well go down as the best years that U.S. shale oil exporters will ever see.

January 12, 2021

Diesel Rises 3¢ to $2.67 a Gallon

The first full week of 2021 saw the nationwide price of diesel continue to rise, as it had for the last weeks of 2020. Trucking’s main fuel notched a 3-cent increase, according to the Energy Information Administration’s weekly data released Jan. 11.

January 11, 2021

Ship Orders Slump 50% With Owners Unsure Which Fuel to Use

Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order because they don’t know which alternative technology to switch to.

January 8, 2021

For First Time in Five Years, US Gas Mileage Down, Emissions Up

A new government report says gas mileage for new vehicles dropped and pollution increased in model year 2019 for the first time in five years.

January 6, 2021

US Imports No Saudi Crude Oil for First Time in 35 Years

The U.S. didn’t import any Saudi crude the week of Dec. 28 for the first time in 35 years, a reversal from just months ago when the Kingdom threatened to upend the American energy industry by unleashing a tsunami of exports into a market decimated by the pandemic.

January 6, 2021