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UPS plans to purchase 1,000 propane package delivery trucks and install an initial 50 fueling stations at UPS locations. The propane fleet will replace gasoline- and diesel-fueled vehicles used largely in rural areas in Louisiana and Oklahoma with other states pending. million gallons of conventional gasoline and diesel per year.
Unless there’s a significant reversal in oil prices, we’re going to see continued declines in the rig count, especially those drilling for oil,” James Williams, president of WTRG Economics, told Fuel Fix in an interview. “We Some of the more expensive shale regions will not be profitable at current prices.
The Defense Logistics Agency (DLA) has signed a contract to purchase 450,000 gallons of advanced drop-in biofuel for the US Navy from Dynamic Fuels, LLC, a joint venture between Tyson Foods, Inc. DLA will pay half the price for the Green Strike Group biofuel than it paid for biofuel for testing in 2009. and Syntroleum Corporation.
Power, EV adoption in the US is growing increasingly divided, with the most active states for EV adoption already on the path to parity with internal combustion engine (ICE) vehicles and consumers steadily pulling back on EV purchases in the least-active states. of the total new-vehicle retail market. Methodology. Power EV Index and the J.D.
Fallin and Hickenlooper as well as the governors of 11 other states sent letters to auto makers in the United States expressing their commitment to explore ways to purchase more CNG vehicles for their state fleets. In April, Govs. The development of CNG vehicles continues to be hampered by a ‘chicken and egg’ scenario. —Gov.
The states participating in the letter with Colorado and Oklahoma are: Kentucky, Louisiana, Maine, Mississippi, New Mexico, Ohio, Pennsylvania, Texas, Utah, West Virginia and Wyoming. For many Americans, high gasoline prices create a financial strain in an already difficult economic environment.
HWR has issued a purchase order for 200 Peterbilt 367 liquefied natural gas (LNG) trucks incorporating Westport Heavy Duty Systems (Westport HD), from Westport. HWR will use the trucks to service its customer’s natural gas wells and provide water handling services in conjunction with its system of pipelines and disposal wells.
Charles refinery near Norco, Louisiana. Tyson is continuing ahead with a second renewable diesel venture with Syntroleum in Louisiana. Earlier this year, Valero purchased six ethanol plants from bankrupt VeraSun Energy and has the approval to purchase two more. Earlier post.). Darling International Inc. Valero Renewables.
The business model locks in prices with long-term contracts for the sale of the ethanol to a major international oil company and the purchase of the sugarcane from local farmers. This will provide greater stability in profit margins, according to Clean Energy.
Australia-based Syrah Resources Limited signed a binding offtake agreement with Tesla to supply natural graphite Active Anode Material (AAM) from its vertically integrated AAM production facility in Vidalia, Louisiana. The Balama graphite operation is a globally significant natural graphite resource.
The manufacturer’s suggested retail price of the 2012 Nissan LEAF is $35,200 for the SV trim level, and $37,250 for the SL trim level. The monthly lease price will begin at $369. While 82% have never previously owned a Nissan, 75% considered no other vehicle than the Nissan LEAF in their purchase decision.
Under the cap-and-trade system, industries regulated by it—the largest being power generation, chemicals, steel, and cement—are given limits on their total emissions, and companies can purchase emission reductions from others in lieu of reducing emissions themselves. THE APPROVAL PROCESS. The approval process for carbon offsets has two goals.
If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. A regulated entity may consider purchasing offsets if the offsets are less expensive than making direct, onsite emission reductions.
The Tesla Model 3 price cuts have put the cost of a new base Tesla Model 3 lower than that of some used Tesla Model 3s in some cities. due to the recent price cuts. The recent price cuts enable buyers to purchase a base Model 3 for $43,990, and with the EV tax credit, that price is further reduced.
According to the support page, each customer was limited to only one bottle per purchase. Although, some buyers have mentioned purchasing more than one limited edition set. Tesla does not offer refunds for Tesla Tequila purchases. First, there’s the price. The Tesla Tequila bottle contains 750mL of tequila with 40% ABV.
The CNG fueling stations and vehicle purchases totaling $100 million are part of UPS’ ongoing commitment to diversify its fuel sources and reduce its environmental impact. That allows us to invest for the long-term, rather than planning around near-term fluctuations in fuel pricing. At UPS, we own our fleet and our infrastructure.
Tesla has managed to side-step direct sales bans in many states through legal loopholes such as leasing-only models, processing purchases as out-of-state transactions, or simply opening stores in exempted tribal territories where the company’s stores will be exempt from dealership mandates. Gigafactory.
Tesla has started offering lease buyouts on all its vehicles, allowing customers who lease a Tesla to purchase their vehicle at the end of the lease term. The new policy applies to all of Tesla’s vehicles, including Cybertruck, Model S, Model 3, Model X and Model Y, starting today, November 27, 2024 (though not in Iowa or Louisiana).
Cantwell said that cap-and-trade had been discredited by the Wall Street crisis, the Enron scandal and the rocky start to a carbon credits trading system in Europe that has been subject to dizzying price fluctuations and widespread fraud. If they don’t have enough allowances to cover their emissions they must purchase more or face a penalty.
The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. The government assisted the shift by giving sugar companies subsidized loans to build ethanol plants, as well as guaranteeing prices for their ethanol products. Donovan, CEO Renergie, Inc.
Tesla is suing the State of Louisiana over a law that restricts its ability to sell EVs directly to customers which violate its constitutional rights, The Wall Street Journal reported. Tesla is also fighting for the freedom of not just me but all Louisiana consumers. Price Sicard (@ThePriceSicard) August 29, 2022.
As we move into 2025, a significant question on the minds of potential buyers is: Are EV prices finally dropping? This blog explores the current trends in EV pricing, the factors driving these changes, and what it means for buyers in 2025. #1 In 2015, the average price of an EV was around $35,000.
The Biden administration has decided against purchasing oil for the Strategic Petroleum Reserve after promising to refill the nation’s emergency energy supply after it reached a 40-year low. This news does not bode well as we head into the summer months when fuel prices tend to be higher. We will continue to monitor market dynamics.”
Wheeler adduced four reasons to support that argument: price, safety, environmental impact and incentivizing the purchase of new, cleaner, safer cars. Wheeler said that the average sticker price of a new vehicle reached $39,500 in the first half of 2019—out of reach for many American families. Purchasing.
ExxonMobil oil refinery, Baton Rouge, Louisiana, by WClarke [CC BY-SA 4.0] EV tax credit on shaky ground Trump said on August 19 that he would consider ending the $7,500 EV tax credit for purchases, but is “not making any final decisions on it,” according to Reuters. businesses.
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