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Oil prices fell back Jan. 5 while the prices of precious metals surged as markets reacted calmly to the U.S. capture of Venezuelan President Nicolas Maduro in a weekend raid.

2026 Diesel prices from the U.S. Energy Information Administration are drawn from a weekly national survey of about 400 diesel service centers.

Chevron has finished discharging a cargo from the vessel Searuby and is in the process of unloading ship Canopus Voyager, according to Bloomberg tanker tracking.

While fully electric cars and trucks made up 10% of all auto sales in the U.S. in the third quarter, another 15% of transactions were for hybrid vehicles, and analysts expect hybrid sales to continue accelerating. 

According to data from motor club AAA, the national average for unleaded gasoline has stayed below the $3 mark since Dec. 2, falling to its lowest level of about $2.85 a gallon on Dec. 22.

As tensions mount between Venezuela and the U.S., Chevron remains the only global oil company with access to Venezuela’s immense crude reserves — the largest known.

Ford said it will no longer make the F-150 Lightning electric pickup truck, instead opting for an extended range version of the vehicle.

The states and the District of Columbia are suing the Trump administration for what they say is the unlawful withholding of over $2 billion in funding for two electric vehicle charging programs.

The president's move followed the seizure by U.S. forces of an oil tanker off Venezuela’s coast, which followed a military buildup in the region as the U.S. ramps up pressure on leader Nicolás Maduro.

U.S. federal and state officials are lining up with the oil industry to support a plan by Phillips 66 and Kinder Morgan to deliver gasoline to California.