Drilling Deep: Diesel Technology Pushes Back Against The Idea That It's Status Quo

Comments
Loading...

To watch the stock of Nikola Corporation NKLA, the company that has raised millions to produce a hydrogen-produced truck, you'd think that the day of the diesel engine was going to end soon. 

But that isn't the case. Allen Schaeffer, the executive director of the Diesel Technology Forum, joins host John Kingston on the Drilling Deep podcast to talk about the work his group is doing to produce engines that are cleaner and that stay a step ahead of other technologies, powered by a significant wave of funding.

Kingston will also talk about the other aspect of the collapse in oil prices: the drop in production and how it's impacting that part of the trucking world that needs the U.S. to keep drilling to keep their workers employed and their vehicles on the road. And while the price of oil may be rising, a key report sees production continuing to drop well into next year. 

Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!