Continued record high gasoline prices may become a trend, due in part to an expansion in biofuel development, according to some oil executives, the New York Times reported Thursday.
May 24, 2007FuelBusiness
Oil Climbs Despite Inventory Gains
Crude oil rose to near $66 a barrel Wednesday despite a Department of Energy report that showed fuel inventories rose last week, Bloomberg reported.
May 23, 2007BusinessFuelAutonomous
CVG to Shutter Seattle Operations
Auto and truck parts supplier Commercial Vehicle Group said Wednesday it will close its Seattle manufacturing facility and transfer operations from there by the end of this year.
May 23, 2007GovernmentBusinessSafetyFuel
Calif. Seeks Stricter Greenhouse-Gas Rules
California has asked U.S. regulators for permission to set its own environmental rules for reducing global warming emissions from passenger vehicles, Bloomberg reported.
May 23, 2007BusinessFuelGovernmentSafetyAutonomous
FMCSA Moves to Protect Fleets From ID Theft
Brent Jones first got word March 27 that his trucking company’s name was being used as part of a freight load board fraud scheme.
May 22, 2007FuelBusinessLogisticsGovernment
Diesel Price Rises 3¢ to $2.803; Gas Jumps to Another Record
Diesel fuel’s national average price climbed 3 cents to $2.803 a gallon and gasoline continued to soar, setting an all-time record for the second straight week with an 11.5-cent spike to $3.218, the Department of Energy said Monday.
May 22, 2007FuelBusinessAutonomous
UPS Expands ‘Green Fleet’ Hybrids
UPS Inc. said Tuesday it had expanded its fleet of alternative-fuel vehicles by adding 50 new hybrid electric delivery trucks.
May 22, 2007BusinessFuelSafetyAutonomous
Truck Makers Oppose Legislation Imposing Fuel-Economy Standards
A Senate proposal that would set fuel-economy standards for heavy- and medium-duty trucks conflicts with a current push to reduce engine emissions and would not work without additional research, representatives of the truck manufacturing industry said.
May 21, 2007