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Tag: Fuel


Impact & Regulations

Chart and Flowserve forge ties on hydrogen as cleaner fuel source

November 1, 2022

Via: Offshore Energy

Chart Industries and Flowserve Corporation have entered into an agreement to support the growth of hydrogen as an alternative, cleaner fuel source. Under the agreement, Flowserve will acquire in-process R&D related to Chart’s liquid hydrogen fueling pump and will be […]


Impact & Regulations

National Average for Diesel Falls 2.4¢ to $5.317 a Gallon

October 31, 2022

Via: Transport Topics

The national average price for diesel dropped 2.4 cents to $5.317 a gallon, according to Energy Information Administration data released Oct. 31. Highlights Diesel had risen 50.5 cents a gallon the previous three weeks before the current dip. A gallon […]


Impact & Regulations

Gasoline Prices Are Rising Again as Big Oil Profits Soar

October 28, 2022

Via: Transport Topics

U.S. gasoline prices are on the rise for the first time in 16 days, potentially posing a political challenge for the Biden administration ahead of elections even as it casts a spotlight on Big Oil’s massive profits. The average national […]


Impact & Regulations

Big reversal in DOE/EIA diesel price on back of broader market upswing

October 12, 2022

Via: FreightWaves

The increase in the weekly average retail diesel price published by the Department of Energy’s Energy Information Service rose by the third largest amount ever this week. The benchmark used for most fuel surcharges was reported a day later than […]


Impact & Regulations

Road Fuel Demand to Peak by 2027

June 29, 2022

Via: Transport Topics

Global road fuel demand will peak in five years, though it will be decades before shifts in consumption reshape transportation’s reliance on fossil fuels, according to a report from BloombergNEF. Road fuel use will rise to 45.2 million barrels a […]


Shipping

Cross-industry risk assessments highlight the dangers and solutions of ammonia as a future fuel

June 28, 2022

Via: Splash 247

Ammonia might be a frontrunner in the fuel of the future stakes, but it still has plenty of safety hurdles to overcome to gain widespread acceptance, something class experts are looking into a great deal of late. Because it burns […]


Impact & Regulations

Gasoline Tops $5 a Gallon in 13 States

June 7, 2022

Via: Transport Topics

Gasoline reached $5 a gallon or more in more than a dozen states a week into the peak summer travel season, as stockpiles of the fuel remain tight. New Jersey, Maine and Massachusetts joined the $5 club overnight to bring […]


Impact & Regulations

Senate Committee Advances Fuel Markets Bill

May 26, 2022

Via: Transport Topics

Legislation designed to enhance market transparency and direct the Federal Trade Commission to prevent fraud or manipulation linked to inflating gasoline prices was approved by a Senate panel. The Commerce Committee on May 25 voted along party lines to advance […]


Impact & Regulations

49 MPG Fuel-Economy Standard Ordered for Cars by 2026

April 1, 2022

Via: Transport Topics

The Biden administration ordered carmakers to increase their average fuel economy to about 49 mpg by 2026, in an ambitious effort to make up for progress stalled when President Donald Trump rolled back the efficiency program. The new fuel economy […]


Impact & Regulations

Senators Propose Fuel-Tax Holiday Amid Funding Debate

February 17, 2022

Via: Transport Topics

Congressional lawmakers are proposing measures that include a suspension of the federal gas tax to stave off soaring prices at the pump, and are considering other remedies to ease inflationary price increases as Congress averted a federal government shutdown by […]


Shipping

US Shipping Rule Waived so Foreign Tanker Can Deliver Fuel

May 13, 2021

Via: Transport Topics

The Biden administration temporarily eased century-old U.S. shipping requirements so a single foreign tanker could transport gasoline and jet fuel to the East Coast, where the Colonial Pipeline outage caused tanks to run dry. A waiver has been issued for […]


Impact & Regulations

US Diesel Stockpiles Swell as Global Fuel Demand Falters

January 13, 2021

Via: Transport Topics

The world’s appetite for U.S. diesel is falling, leaving stockpiles of the fuel at their highest level since early October. The increased supply, combined with swelling inventory of gasoline, threatens to stifle the oil industry recovery that began with the […]


Shipping

Hapag-Lloyd secured 9 percent in energy savings by removing fouling on 33 ships

April 24, 2020

Via: Offshore Energy

The company is using digital tools to detect water resistance increases on its ships caused by fouling. It has also developed ship-specific biofueling management plans for its vessels detailing the removal activities and hull cleaning. Last year. a total of […]


Shipping

Three pathways to decarbonization of shipping

April 16, 2020

Via: Offshore Energy

The US-based classification society just released the 2020 Setting the Course to Low-Carbon Shipping — Pathways to Sustainable Shipping outlook, which maps out the path toward decarbonization goals of the global fleet. The three fuel pathways are: (i) light gas, […]


Shipping

Shipping’s Big Bang Sends Two Global Industries Spinning

January 14, 2020

Via: Transport Topics

Starting Jan. 1, the vast majority of the world’s ships were forced to change the fuel they use. Some big winners — and potential losers — are starting to emerge from what was a historic switch for the world’s oil […]


Vehicles

Smart car technologies save drivers $6.2 billion on fuel costs each year

November 21, 2018

Via: ScienceDaily

“That’s not insignificant,” said Yeganeh Hayeri, an assistant professor at Stevens whose work lies at the intersection of civil and environmental engineering and public policy. “That translates to between $60 and $266 in the pocket of car owners every year, […]


Shipping

MethaShip: Renewable Methanol Is ‘Fuel with a Future’

October 22, 2018

Via: World Maritime News

The MethaShip partners found that methanol can offer a dramatic improvement in emissions reduction across multiple ship types once the IMO has established the statutory framework conditions necessary for an industry-wide reduction of CO2 emissions. “The whole shipping sector is […]


Shipping

Maersk’s Fuel Costs Set to Rise by USD 2 Bn from 2020 Sulphur Cap

August 30, 2018

Via: World Maritime News

Simon Bergulf, director for regulatory affairs at A.P. Moller-Maersk A/S, told Bloomberg that the issues stemming from the new regulations have almost created a perfect storm, taking into account the expected tight availability of compliant fuels and required investments in […]


Shipping

Venta Maersk Starts Historic Arctic Voyage Using Ultra-Low Sulphur Fuel

August 23, 2018

Via: World Maritime News

Maersk’s ice-class ship Venta Maersk departed Vladivostok earlier today heading for the Northern Sea Route, becoming the world’s first containership to venture through the route. The 3,600 TEU ship is heading toward Vostochniy Port, where it is expected to call […]


Vehicles

Uber Freight Introduces Discount Program for Fuel, Parts, Trucks

March 21, 2018

Via: Transport Topics

Uber Freight has introduced a discount program that provides savings on fuel, parts and even new and used truck purchases to carriers using its load-matching mobile app. Offers available through the Uber Freight Plus program include a fuel card provided […]