Fuel

Rolls-Royce Holdings backed away from electric aircraft and said conventional propulsion will remain the mainstay in coming years as hydrogen takes time to mature as an alternative.

A loaded liquefied natural gas tanker is stuck at an export terminal in Australia and will disrupt some shipments, adding to supply concerns ahead of the Northern Hemisphere winter.

The national average diesel price tumbled 6.3 cents in its fifth straight decline to hit $4.146 a gallon, according to Energy Information Administration data released Nov. 27.

Gasoline prices have fallen for 60 consecutive days, letting American drivers pass on savings at the pump to consumer retailers during the U.S. economy’s all-important holiday season.

Ahead of the OPEC+ meeting on Nov. 30, there are indications oil supply is running ahead of demand, highlighting the challenge facing the cartel as it prepares to set output policy for 2024.

A prototype of a battery-electric Class 8 truck with an expected range of 500 miles is set to begin its first pilot tests in Florida in the first quarter of 2024, according to vehicle developer Terraline Inc.

Reyes Coca-Cola Bottling will deploy 20 Freightliner eCascadia Class 8 tractors, said Daimler Truck North America, the truck manufacturer’s parent company.

The national average diesel price extended its pronounced decline, falling 8.5 cents to reach $4.209 a gallon, according to Energy Information Administration data released Nov. 20.

California pump prices fell below $5 a gallon for the first time since July, following national levels lower but still the highest in the country.

Illinois Gov. J.B. Pritzker is going after every federal dollar to turn the state into a hub for new technologies, intensifying a battle among states for trillions in federal funds.