Insights and Stories on Fuel

Jun. 29, 2021 at 2:36 pm CDT

Ottawa | Reuters — Canada will ban the sale of fuel-burning new cars and light-duty trucks from 2035 in an effort to reach net-zero emissions across the country by 2050, Prime Minister Justin Trudeau’s government said on Tuesday. Only zero-emissions cars and trucks can be sold from 2035, according to […]

By Steve Scherer

Jun. 17, 2021 at 7:28 pm CDT

New York | Reuters — U.S. merchant refiners have amassed up to a US$1.6 billion shortfall in the credits they will need to comply with U.S. biofuel laws, according to a Reuters review of corporate disclosures, an apparent bet that the Biden administration could let them off the hook or […]

By Jarrett Renshaw, Stephanie Kelly

May. 20, 2021 at 6:29 pm CDT

New York | Reuters — U.S. lawmakers plan to introduce a bill on Thursday that would create a tax credit for lower-carbon sustainable aviation fuel, which they hope will slash emissions of greenhouse gases from the aviation industry. The legislation, seen by Reuters, would impose a tax incentive of up […]

By David Shepardson, Stephanie Kelly

Apr. 29, 2021 at 8:29 pm CDT

Expected labour costs were the major difference in a new ruling on the index that determines how much revenue each of Canada’s big two railways get to keep in the coming crop year from hauling Prairie grain. The Canadian Transportation Agency (CTA) on Thursday announced its decisions on the volume-related […]

By Dave Bedard

Feb. 16, 2021 at 9:00 pm CST

New York | Reuters — Sky-high U.S. natural gas prices have prompted some Midwestern ethanol producers to reduce processing in the last week, hoping instead to sell off some of their natural gas to take advantage of current high spot prices caused by the spike in cold weather, industry sources […]

By Stephanie Kelly