Crude oil and petroleum product prices increased significantly in the first quarter of 2026 (1Q26), particularly following military action in the Middle East on February 28 and the subsequent de facto closure of the Strait of Hormuz. In this quarterly update, we review petroleum markets price developments in 1Q26, covering … [continued]
Diesel prices have surged even faster than gasoline, the national average hit $5.10 per gallon on March 19. Higher diesel means higher costs for trucking, shipping, and groceries; a full supply chain hit. Truck manufacturers must step up to help the U.S. trucking industry transition to electric trucks as diesel … [continued]
The price of fuel in the Philippines is quickly catching up to global "trends." (Photo by Orlando "Jing" Garcia of The Manila Times)
I just read Zach’s “Are Gas Prices Going Up?” and it was a curious coincidence that I had just finished this conversation with my uncle, who is from New York. An accountant and financier by trade, he made the postulation that the average increase would be between $0.27 to $0.35 … [continued]
Google Gemini generated infographic comparing China’s large scale adoption of agricultural drones and the United States’ limited uptake, highlighting differences in land use, fuel savings, chemical reductions and policy choices.
China’s rapid adoption of agricultural drones is one of the most interesting examples of technological divergence between two major food producers. The contrast is striking. Chinese pilots are now treating an amount of land with drones each year that is larger than the total farmland base, which means multiple drone … [continued]
ChatGPT generated panoramic image of California’s Capitol in Sacramento with symbolic fuel pump and green leaf overlays, representing the Low Carbon Fuel Standard and state policy drivers
In a recent article, California Refineries Close as Gasoline Demand Slips into Permanent Decline, I wrote that diesel consumption in California had not declined even as gasoline demand slipped. Jeremy Martin from the Union of Concerned Scientists reached out to me to point to some data I’d missed. I reviewed … [continued]
Study shows major irregularities in the reported consumption of palm residues used in renewable diesel (HVO) being sold by oil majors A key ingredient for the ‘renewable diesel’ sold in Europe is likely fraudulent, a new T&E study shows. Nearly twice as much palm oil mill effluent (POME), a residue of palm … [continued]
Diesel fuel economy has been on the minds of long-haul trucking industry leaders. A push to decarbonize trucking is largely due to the fact that more than 3% of all carbon dioxide (CO2) emissions come from heavy trucks. Sure, as a result of EPA regulations, diesel engines manufactured today are … [continued]
Biofuels for diesel engines can be made much more efficiently, according to researchers at Washington University in St. Louis.
ChatGPT generated anoramic image of a diesel burning locomotive pulling oil and coal cars with American flags on the side
The free rider problem in climate action arises when some countries or actors benefit from the efforts of others to mitigate climate change without contributing their fair share. Since the atmosphere is a global common good, actions taken by one country to reduce greenhouse gas emissions benefit the entire world, … [continued]
Standalone engine-builders Kohler recently unveiled a new direct injection, hydrogen-powered internal combustion engine based on its KDI 2504 TCR in a bid to reduce carbon emissions. Like similar solutions from Toyota, Cummins, and other heavy-equipment power producers, the Kohler hydrogen engine isn’t a hydrogen fuel cell. Instead, it’s a conventional … [continued]
