The national average diesel price reversed course and dropped 6 cents a gallon to $3.579, according to U.S. Energy Information Administration data released April 15.
Category: News
Canada Exempts Tariffs on Automakers That Stay in Country
The Canadian government said it will allow automakers to import a number of U.S.-made cars and trucks without tariffs, as long as the companies keep manufacturing vehicles in Canada.
Caterpillar Appoints Joe Creed as CEO Starting May 1
Caterpillar Inc. said Joe Creed, a 28-year veteran of the U.S. machinery manufacturer, will be its next CEO.
Global Oil Surplus to Persist in 2026, IEA Says
The International Energy Agency slashed forecasts for global oil demand this year amid the trade war, and in its first detailed assessment of 2026 predicted a persistent supply surplus.
Trump’s China Ship Fees Set to Hit Global Shipping Giants
President Donald Trump has proposed a fee of at least $1 million each time a Chinese-operated or Chinese-built ship enters a U.S. port.
Lowe’s Homes in on Professional Customers in $1.3 Billion Deal
Lowe’s has agreed to buy an interior services provider for around $1.3 billion, the retailer’s latest effort to expand its footprint with professional contractors amid a soft housing market.
Trump Announces Chips, Drug Probes, Opening Door to Tariffs
President Donald Trump’s administration pressed forward with plans to impose tariffs on semiconductor and pharmaceutical imports by initiating probes led by the Commerce Department.
Trump’s Tariff Rationale Challenged in Suit by Small Firms
Several small U.S. businesses sued President Donald Trump over his “Liberation Day” tariffs in the latest legal challenge to a cornerstone of his foreign agenda.
Autonomous Tech Firm Kodiak Clears Runway for Public Launch
Kodiak Robotics is positioning itself to become publicly traded by entering into a definitive business combination agreement with special purpose acquisition company Ares Acquisition.
Nvidia Plans to Manufacture AI Chips in US for First Time
Nvidia announced April 14 that it will produce its artificial intelligence supercomputers in the United States for the first time.