US Becomes Net Oil Exporter for First Time in 75 Years
America turned into a net oil exporter the week of Nov. 26, breaking 75 years of continued dependence on foreign oil and marking a pivotal — even if likely brief — moment toward what President Donald Trump has branded as “energy independence.”
December 6, 2018J.B. Hunt Transport Services Takes Delivery of First All-Electric Trucks
J.B. Hunt Transport Services has made its first purchase of electric-powered trucks, acquiring five medium-duty eCanter box trucks from Mitsubishi Fuso Truck and Bus Corp. for use in making deliveries in Santa Fe Springs, Calif., and in the greater Houston area in Texas.
December 5, 2018Suppliers See Opportunities With Electric Trucks
Developers of aerodynamic and other equipment that helps fleets curtail fuel use in diesel-powered trucks say they see similar opportunities with electrified vehicles.
December 5, 2018Diesel Drops 5.4¢ to $3.207
The U.S. average retail price of diesel dropped 5.4 cents to $3.207 a gallon, the U.S. Energy Information Administration reported Dec. 3, as crude oil prices fluctuated but remained below $55 per barrel.
December 3, 2018Bison Oilfield Services Acquires S&S Star Water Solutions
Bison Oilfield Services, an Oklahoma-based energy services company, has announced the closure of its acquisition of S&S Star Water Solutions, a water infrastructure business. The acquisition establishes Bison as Oklahoma’s only fully-integrated water midstream company with assets in every major basin across the state, according to a Nov. 29 press release. Financial terms were not disclosed.
December 3, 2018Approved Wholesale Expands With Baltimore Hub
Approved Wholesale, the petroleum and renewable fuels division of the Approved Cos., has announced the expansion of operations into Baltimore.
December 3, 2018Earthquake Strikes Southern Alaska, Threatening Oil Exports
A magnitude 7 earthquake struck Alaska early Nov. 30, shutting the state’s most important oil pipeline and potentially threatening crude exports.
November 30, 2018Keystone XL Pipe Cleared to Start Limited Pre-Construction Work
TransCanada Corp. can resume certain pre-construction activities, including engineering and meeting with stakeholders, for the Keystone XL oil pipeline after a federal court decision, the company said in an e-mail statement.
November 30, 2018Crowley Merges Liner Services Unit Into Crowley Logistics
Crowley Maritime Corp., a provider of marine solutions, energy and logistics services, announced it would complete the merger of its liner services group into Crowley Logistics come Jan. 1.
November 30, 2018Daimler's Mexican Division Braces for Change
PUERTO VALLARTA, Mexico — The adoption of tougher emissions standards and the arrival of a new Mexican president are among the key changes Daimler Commercial Vehicles Mexico will face in the year ahead and beyond, company President Flavio Rivera said here.
November 29, 2018