Three major automakers reported their June sales plunged as fuel prices reached record levels, Bloomberg reported Tuesday.
July 1, 2008Business, Fuel, Government
Diesel Dips for Week; Falls 7.8¢ in June
The average price of a gallon of retail diesel dipped 0.3 cent last week, to $4.645, making June only the second month so far in 2008 during which the average did not rise, the Department of Energy reported.
July 7, 2008Fuel, Business, Government
Conn. Lawmakers, Truckers Call for Action on Fuel Prices
Two federal lawmakers joined the head of the Motor Transport Association of Connecticut in calling for action to help relieve soaring fuel prices that are driving trucking companies out of business, the Connecticut Post reported Thursday.
July 3, 2008Fuel, Business, Safety, Government
Diesel, Gasoline Demand Falling, NATSO Says
High fuel prices are dampening demand for diesel and gasoline, and more Americans will stay home this Fourth of July holiday than last year, a truck stop trade group said Thursday.
July 3, 2008Fuel, Business, Government
Truckers Protest in England, India
Truckers protested high fuel prices in London and in India Wednesday, blocking streets and parking rigs, Bloomberg reported.
July 2, 2008Business, Fuel
Oil Closes at Record Just Short of $141 a Barrel
Oil closed at a record just short of $141 a barrel on Tuesday, following an International Energy Agency report said supplies may lag behind demand for the next five years, Bloomberg reported.
July 1, 2008Fuel, Business, Government
Auto Sales Plunge, Led by Decline in Pickups, SUVs
Fuel, Business, Logistics
Diesel Dips 0.3¢ to $4.645; Gas Hits Record $4.095
Diesel fuel’s national retail pump average declined 0.3 cent to $4.645 a gallon, the Energy Department reported.
July 1, 2008Business, Fuel, Safety, Government
Truck Stops See Increase in Diesel Thefts as Fuel Prices Soar
An executive with Pilot Travel Centers said the number of diesel fuel thefts has soared this year.
July 1, 2008Business, Fuel, Safety
Volvo Gains Extension on Drivetrain, Hybrid Research Grant
The U.S. Department of Energy and the government of Sweden extended a cooperative agreement with the Volvo Group on development of alternative drivelines, Volvo said Monday.
June 30, 2008Government, Business, Safety, Fuel
Averaging Has Given Engine Makers Flexibility to Meet Emission Targets
Large-scale manufacturing of 550-horsepower, 13-liter diesel truck engines that can run for a million miles is such a complicated endeavor that, since 1990, EPA has given engine makers some short-term wiggle room on hitting emissions targets through its averaging, banking and trading program.
June 30, 2008