AAA Daily Fuel Gauge Report for Friday, 6/01/18
National Average Price for Regular – Current: $2.957; Month Ago: $2.811; Year Ago: $2.381.
National Average Price for Diesel – Current: $3.213; Month Ago: $3.067; Year Ago: $2.513.
http://gasprices.aaa.com/
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Key Currency Exchange Rates for Friday, 10/27/17
American Dollar to Canadian Dollar = 0.776214;
American Dollar to Chinese Yuan = 0.150313;
American Dollar to Euro = 1.161353;
American Dollar to Japanese Yen = 0.008759;
American Dollar to Mexican Peso = 0.051954.
New Report Pegs Cost of Electrifying U.S. Commercial Truck Fleet at $1 Trillion
Full electrification of the U.S. commercial truck fleet would require nearly $1 trillion in infrastructure investment alone, according to a new report from Roland Berger released today by the Clean Freight Coalition. The study forecasts a realistic infrastructure buildout for the electrification of medium- and heavy-duty commercial vehicles, exposing what the CFC calls a massive investment gap as state and federal policymakers mandate increased adoption rates of battery-electric commercial vehicles. Key findings: Preparing today’s commercial vehicle fleet for electrification would require the commercial vehicle industry to invest upwards of $620 billion in charging infrastructure alone, including chargers, site infrastructure and electric service upgrades. Utilities would need to invest $370 billion to upgrade their grid networks to meet the demands of just commercial vehicles. This nearly $1 trillion expenditure does not account for the cost of new battery-electric trucks, which according to market research can be two to three times more expensive than their diesel-powered equivalents.