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15 States Agree to Work Together for All Heavy Trucks to Be Electric by 2050

A total of 15 states and the District of Columbia have signed a joint memorandum of understanding committing to work collaboratively to advance and accelerate the market for electric medium- and heavy-duty trucks and other vehicles.

July 14, 2020

Spiking Cost of Gasoline Pushes June Consumer Prices Up 0.6%

U.S. consumer prices increased 0.6% in June, after three months of declines, with a big jump in gasoline prices accounting for over half of the gain.

July 14, 2020

Diesel Price Almost Flat, Inches Up 0.1¢ to $2.438 a Gallon

The nationwide average price of diesel fuel was nearly flat the past week, according to U.S. Energy Information Administration data released July 13.

July 13, 2020

Oil Falls on Signs OPEC+ Will Taper Cuts

Oil retreated before an OPEC+ committee meeting this week that may confirm the group’s intention to taper production cuts even as the coronavirus surges in many countries, including the U.S.

July 13, 2020

Tesla Soars on Optimism for ‘Battery Day,’ India Market, S&P

Tesla Inc.’s relentless surge continued July 13 amid several upcoming events that include the possible unveiling of new battery technology from the electric vehicle maker, entry into a lucrative new market and the potential inclusion of the stock into the prestigious S&P 500 Index.

July 13, 2020

Volkswagen Risks Diesel Claims Across EU After Court Ruling

Volkswagen AG vehicle owners can sue the carmaker over diesel-emission manipulation anywhere in the European Union, the bloc’s top court said in its first ruling on the scandal.

July 9, 2020

Energy Transfer Says It Won’t Shut Dakota Access Despite Ruling

Energy Transfer LP said it’s not making any moves to empty its Dakota Access oil pipeline after a judge July 6 ordered the conduit shut while a more robust environmental review is conducted.

July 8, 2020

Diesel Continues Slow, Steady Upward Climb

The national average retail price of diesel rose for the fifth consecutive week, up seven-tenths of a cent to $2.437 a gallon.

July 6, 2020

Oil’s Rally Falters in US With Summer Demand Looking Bleak

U.S. crude futures reversed course with investors concerned that lackluster demand through the summer months will weigh on the market’s recovery.

July 6, 2020

Judge Orders Dakota Access Pipeline Shut Down Pending Review

A federal judge on July 6 sided with the Standing Rock Sioux Tribe and ordered the Dakota Access pipeline to shut down until more environmental review is done.

July 6, 2020