OPEC+ group extends crude oil output cuts through July
Move holds off a return of almost 2 million barrels per day to the market
Fuel prices and developments affect the entire supply chain, and can place a lot of pressure on carriers. Check back here for news and information related to fuel prices and the gas sector, plus insights and analysis on trends and issues impacting the industry.
Move holds off a return of almost 2 million barrels per day to the market
The vehicle, adding to an increasingly crowded space, is reportedly an attempt to upstage Tesla
A Washington-based attorney lines up on the side of the business operators who have changed long-standing practices.
The U.S. has plenty of diesel in inventory, and jet demand is not likely to snap back until next year, according to Energy Aspects.
Also on this week’s show: the tremendous rise in diesel inventories.
Wallbox, a smart EV charging company headquartered in Spain, closes second round of series A funding as it expands into the United States
“We remain committed to achieving our aggressive climate and sustainability goals,” said Nancy Young, Airlines for America’s vice president of environmental affairs.
Swedish technology startup partners with oat drink company on a truck electrification project
The numbers are in – earnings for the quarter have been reported by all the trucking and other freight-related companies for the three months that ended March 31. And what a quarter it was, finishing up in the middle of a radically changed scenario that nobody could have ever modeled for. On this week’s Drilling […]
Advocates hope the pandemic accelerates adoption of natural gas vehicles; electric truck advocates double down on battery power
The timing of the law is perfect for an industry that needs help.
Action is five years after a refining unit exploded, sending gasoline prices higher.
The same health crisis that made TravelCenters of America an essential business during the coronavirus pandemic burned into non-fuel revenue in late March, leading to a first-quarter loss.
Plummeting prices make ExxonMobil’s fuel system-friendly diesel formulation that eliminates additives and reduces NOx emissions a better deal.
Refiners made lots of it and now U.S. inventories are historically high
Airlines have suffered mightily from the loss of passenger traffic as a result of the pandemic. But there also has been a demand for their services to move freight, including an area that has always been taken to the skies to move from point A to point B: medical supplies. On this week’s Drilling Deep […]
Comparisons to other recent declines show a much slower slide at the pump.
After enormous drops, the data is pointing green.
Our host John Kingston also discusses the diesel market.
For ULSD, it’s the biggest “peacetime” decline ever.