Energy Industry

Hyliion is getting a second chance to make a viable business with its Karno technology that could help generate a buyer for the company.

The timing in promoting its growing patent portfolio could suggest TuSimple is trying to find a buyer for its U.S. business.

Alaskan trucking companies are betting that six-figure salaries could lure truck drivers to haul freight in the frigid Arctic.

Link Logistics’ customers will be able to do a better job of managing energy consumption under a collaboration with Carrier Global Corp., the companies said.

The gap between California’s diesel prices and the rest of the country has been growing for years. An expert gives his views on why.

Outright diesel prices in the spot and futures markets are declining, and there are other market indicators suggesting possible relief for the East Coast market.

Join FreightWaves for the Net-Zero Carbon Summit on April 22.

Spreads between retail and wholesale prices have been at a record low and a record high in just one week.

Estimates are for increases in supply of several hundred percent, raising the question of whether there are enough raw materials to reach those renewable diesel goals.

From a lack of labor to concerns over long-term value, there are hurdles to the U.S. industry ramping up output.

The cost curve is pointing downward in the production of green hydrogen, according to the head of a company that builds fuel cells.

WoodMac’s Shattuck: The U.S. oil and gas industry is embracing a low-carbon future and looking for a way to get to net zero.

Renewable natural gas (RNG) is the leading low carbon solution that helps trucking companies and shippers reduce their carbon footprint and meet their sustainability goals.

Consumers of diesel saw their prices rise by about 17% in 2021.

Renewable natural gas (RNG) has emerged as the leading pathway for low-carbon, clean air trucking.

Stephen Jones of Argus Media is one of the company’s leading analysts. He shares the Argus view of the market at the FreightWaves Fuel Buyers Summit.

High demand for jet fuel out West from firefighting crews and airlines is affecting commercial flights and cargo (forecast video included).

Twelve consecutive weeks of increases in the basis for fuel surcharge is countered by a big decline in commodity markets.

Grants and incentives will be needed to offset high front-end costs, Ryder EV executive says.

Commodity oil markets swung wildly last week but ultimately trended down overall.

The key benchmark price for trucking companies tracked the higher numbers in the wholesale market.

An expected increase in output has been put on hold over failure to reach consensus on a dispute involving the UAE.

On the path to 100% renewable energy by 2025, Amazon is investing in 14 new projects and touts it is the “largest corporate buyer of renewable energy” in the U.S. and the world.

Nikola Corp. is investing $50 million to buy a 20% stake in an Indiana clean hydrogen company to eventually supply fuel cell trucks in the Midwest.

Money matters, but the chance to tell investors its growth story led to revenue-positive Proterra riding a SPAC to public trading.

The Department of Justice seized most of the Bitcoin paid to the gang behind Colonial Pipeline cyberattack as the U.S. targets the “entire ransomware ecosystem.”

Wood is a problem and plastic is expensive; it’s just one more pressure point to worry about in the supply chain.

The Energy Observer is on a seven-year cruise to publicize the role alternative energy could play in the shipping industry.

Big gains in prices in the Southeast on the back of Colonial woes helped propel the benchmark number higher.

A run on gasoline by individual motorists has drained inventories out of the stations and into the tanks.

The timing of the survey and events Monday regarding Colonial Pipeline suggest there was no impact on the price from the closure

The FBI says the DarkSide ransomware gang was behind the cyberattack on Colonial Pipeline after the group insists it doesn’t intend to create “problems for society.”

Pennsylvania’s move to scrap fuel taxes could change how states generate revenue to pay for road projects.

It was the first time in more than two years that the price was unchanged week to week.

FreightWaves introduces FreightWaves Carbon Intelligence. Learn more here!

Will the oil majors make the transition to become dominant producers of renewable energy and other climate change technology, or will new entrants supplant them?

Retail prices fell even as wholesale and commodity prices increased.

Needing to know where your freight is spawns incredibly competitive market

The U.S. government is teaming up with leading offshore wind developer Ørsted to “combat the climate crisis and create more clean energy jobs.”

Some data had been suggesting a decline was likely but the survey showed a small upward movement.

Also on the podcast: Did Joe Biden help boost the price of oil?

Sourcewater founder Josh Adler chats with Ancova co-founder Max Gagliardi about Sourcewater’s origins and its current role of helping upstream companies find water resources and frac ponds through big data and satellite imagery.

Texas-based technology company ThoughtTrace demonstrates how its artificial intelligence-enabled platform can help companies better understand important documents, including contracts, during a rapid-fire demo at Evolve: The Next Evolution of Oil & Gas, presented by Digital Wildcatters and FreightWaves.

“I personally think that the possibility that this pipeline is going to be emptied is much, much higher than it was before this administration was in office.”

Keynoting an Evolve summit session, Dan Pickering and Scott Gale call for traditional, transitional energy players to meet in the middle.

FreightWaves’ John Kingston outlines how the rising price of crude flows through to cargo shippers and how it changes the trucking-versus-rail equation.

In a rapid-fire demo during Evolve: The Next Evolution of Oil & Gas summit, Eric Calderon and Arran Davidson of Power Sentry discuss the company’s innovative products for power management in the oil and gas industry aimed at reducing clients’ operating expense and downtime because of power disturbances.

Geosite’s energy lead Jeff Williams describes how his company fuses together data from various sources to enable energy clients to glean an informed perspective on their greenhouse gas emissions output.

Armand Paradis, CEO and founder of Inside Petroleum, joins Jake Corley, co-founder of Digital Wildcatters, to discuss automation and removing manual workflows during Evolve: The Next Generation of Oil & Gas.

For all the increase in retail prices, it went up far less than the national rise in wholesale diesel prices.

Prices continued to rise into Friday on the news that threw conventional wisdom aside.

The company sets ambitious fleet electrification goals and establishes a center at Yale University to research climate-capture techniques.

Suvrat Joshi joins logistics software-as-a-service platform FarEye as chief product officer.

In the oil patch, a significant share of logistics activity is highly repetitive. Blockchain can automate the payment processes.

The oil and gas upstream industry went through a wild ride in 2020 that continues in 2021. A leading analyst of its fortunes joins GSCW to talk about it.

Several significant steps on the road to electric vehicles have occured just in the past few months.

Diesel prices have largely regained all of their declines recorded since the start of the pandemic.

Also on the podcast this week: The soaring price of diesel and the impact from the Texas cold snap

Companies a small slice of retail landscape in state, but their numbers suggest significant outages of diesel supplies due to lack of fuel or electricity

Not only did the DOE price rise again, the 7.5-cents-a-gallon increase is the largest in the streak that goes back to November.

Preeti Pande, the hydrogen solution provider’s chief marketing officer, comes with extensive fuel cell industry experience and a Ph.D.

FreightWaves’ interviews are sure to spark discussions among industry insiders.

One longer-term concern is refineries in the cold can suffer damage to their units that take a long time to get right.

On podcast, Amit Mehrotra of Deutsche Bank looks over the reports for the last quarter of last year

Retail prices have not yet fully caught up with recent wholesale numbers, suggesting higher prices are likely.

For the 14th consecutive week, the average retail price of diesel has risen. The Department of Energy/Energy Information Administration average retail price of diesel rose 6.3 cents per gallon to […]

Level has not been this high since March, but still is more than 20 cents less than last year at this time

Third-longest increase in 27-year-old series

Are oil and diesel prices leading other commodity prices, or are they lagging?

Run of hikes a rare occurrence in 27-year history of data series

As more modes of transportation are experimenting with the use of hydrogen fuel solutions, there are still major challenges that green hydrogen production and adoption faces.

Consecutive streak of increases is longest in almost eight years

Pandemic-driven factors in 2020 had impacts that are not likely to be repeated

Some market signs point to gains fizzling out for now.

Dana Inc. spotted the trend toward zero-emission commercial vehicles four years ago when China offered incentives for battery-powered buses. That led the Tier 1 supplier to start buying and partnering with companies to build an all-in approach to electrification.

Plenty of distillate molecules to go around plus no collapse in high sulfur reversed all conventional wisdom, Morningstar says

Comparing first month to prices out in future a solid way of figuring out whether stocks are growing or tightening

AB InBev is on track to reach its 2025 100% renewable energy goal in 2021. This Ffireside chat from the North American Supply Chain Summit covers the company’s sustainability efforts across the entire supply chain.

Airbus is partnering with ElringKlinger to create a zero-emission, hydrogen-powered commercial aircraft by 2035. Airbus released three ZEROe aircraft concepts.

Most recent gain is 2.4 cents a gallon

Lockup expiration sends Nikola shareholders heading for the exits for second consecutive day as stock loses about 40% of its value.

Daimler Trucks and Portland General Electric are creating an Electric Island for commercial vehicle charging, a novel approach to meet the growth in battery-powered freight movers.

Nikola telegraphed that an equity deal with General Motors was iffy following a short seller’s fraud claims by the electric truck startup. On Monday, GM and Nikola said they may work together to integrate GM fuel cells in Nikola trucks, a small piece of the grander plan.

Excerpt: Nikola and GM signed a nonbinding memorandum of understanding to use the automaker’s Hydrotec fuel cells in its heavy-duty trucks. But GM walks away from taking an equity stake and the Badger electric pickup is dropped.

Commodity and wholesale prices way up, but weekly DOE retail average number lagging

Trucks will haul goods to and from LA air gateway and service centers.

From trains to trucks to data centers, Cummins Inc. sees $400 million in revenue from hydrogen-making electrolyzers in 2025 as it pursues green hydrogen from renewable sources like solar and wind instead of gray hydrogen made from natural gas.

Engine maker Cummins is working with Navistar to develop a Class 8 hydrogen fuel cell truck that carrier Werner Enterprises will put through its paces as fuel cells continue to find favor in the future of long-haul trucking.

The weekly Department of Energy/Energy Information Administration average retail diesel price released Monday, the basis for most fuel surcharges, rose 1.1 cents to $2.383 per gallon. Here’s a scorecard of […]

Beset by poor margins, refiners have announced closures and are expecting a lot more in the not-too-distant future

Drop in stocks relative to demand was the biggest ever in the latest report; demand figures finally seem to be reflecting strong trucking market

Monthly outlook from EIA sees moderate increases in diesel prices through next year

Commercial vehicle battery maker Romeo Power gets a blank check company’s backing as investors target electric components and infrastructure for electric trucks.

Digital Wildcatters cofounder Collin McLelland explains why it’s smarter for clean-tech to bring about petrochemical efficiencies instead of focusing on the elimination of fossil fuels altogether.

Also on this week’s podcast: new technologies gunning to displace diesel, but it’s a tough battle

Plan to go to all renewable fuel sources part of a broader commitment to zero out emissions by that year

Two Volvo VNR electric trucks enter testing; Kenworth dealers taking orders for medium-duty battery-powered trucks; and reverse merger vote date set for startup Hyliion.

In a new report, Commodity Futures Trading Commission calls for using market and regulatory forces to alter behavior.

A professor from UH-Downtown, who also was a driver, is studying the issue

Diesel market continues to trend lower after upward movement earlier in the week