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The average retail diesel price continued its meteoric rise last week, surging another 16.6 cents to a record $4.497 a gallon, according to the Department of Energy.

UPS Inc. said Wednesday it is moving its primary intra-Asia air hub to southern China, from the Philippines, to save money and reduce transit times across Asia.

The U.S. military, which is the country’s largest single consumer, is engaged in an aggressive plan of alternative fuels development and testing, the Wall Street Journal reported Wednesday.

The article concerning increasingly complex diesel engines theoretically can be translated directly into increased revenue for dealership maintenance shops, but there are a lot of “ifs” and “buts” surrounding these statements.

Oil prices rose to a new record high Tuesday, moving past $129 a barrel for the first time in intraday trading, the Associated Press reported.

Environmental Protection Agency Administrator Stephen Johnson backed letting California set auto emissions rules stricter than federal standards before consulting with the White House, according to a congressional panel, Bloomberg reported Monday.

Retail fuel prices skyrocketed again last week, with diesel jumping 18.2 cents a gallon to a national average of $4.331, the biggest one-week increase since October 2005 and more than 15 cents more than the last record.