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Bush Outlines Emissions-Reduction Plan

President Bush on Monday ordered U.S. government agencies to begin taking regulatory steps to curb vehicle emissions and urged Congress to enact legislation to reduce U.S. dependence on foreign oil.

May 14, 2007

Producer Price Index Gains 0.7%

The producer price index rose 0.7% in April, while the core PPI excluding food and energy was unchanged for a second straight month, the Labor Department said Friday.

May 11, 2007

Feds Probing Oil-Trading Practices

Federal regulators are looking into possible manipulation of crude oil prices by after-hours trading practices, the Wall Street Journal reported Thursday.

May 10, 2007

Oil Falls as Inventories Rise

Crude oil futures prices fell to their lowest level in seven weeks Wednesday following an Energy Department report that showed inventories rose last week.

May 9, 2007

Atlas Air Turns 1Q Profit

Air cargo company Atlas Air Worldwide Holdings said it earned $6.2 million or 29 cents a share in the first quarter, turning around a loss of $3.7 million or 18 cents a year ago.

May 8, 2007

Senate Panel Sets Mileage Bill To Include Heavy Trucks

A Senate panel approved a measure that would boost automobile fuel-economy standards and set mileage standards for heavy trucks for the first time, the Wall Street Journal reported Wednesday.

May 9, 2007

Diesel Price to Drop, DOE Says

Retail diesel prices for 2007 will peak this month at $2.92 a gallon before gradually declining every month through the end of the year, the Department of Energy said.

May 8, 2007

Diesel Declines 4¢ to $2.811

Diesel fuel fell 4 cents a gallon to $2.811 last week, its second straight decline, while the gasoline average posted its largest gain in just over a year, the Energy Department said.

May 7, 2007

Freightliner Sets New ‘Cascadia’ Truck

CHARLOTTE, N.C. —  Freightliner Trucks last week introduced a new heavy-duty over-the-road truck called “Cascadia” it said improves fuel efficiency by 3%.

May 7, 2007