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Drilling Deep: Diesel technology pushes back against the idea that it’s status quo

· Thursday, June 18, 2020

To watch the stock of Nikola Motors, 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.

John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.