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Diesel Gains 3瞽 to $2.835; Gas Dips 2.7瞽 to $2.982

The average retail price of U.S. diesel fuel rose 3 cents $2.835 a gallon, the Department of Energy said Monday following its weekly price survey.

June 26, 2007

Senate Passes Energy Bill

The Senate passed a comprehensive energy bill late Thursday that raises average auto fuel efficiency standards, but the measure did not include a tax on oil companies that would have boosted alternative fuel development, Agence France-Press reported.

June 22, 2007

OEMs Promote Disc Brakes as 2007 Option

Class 8 truck makers said they are offering electronically controlled air disc brakes as an option in 2007 models, promoting them as safer and easier to maintain than the drum brakes most U.S. heavy trucks use.

June 25, 2007

Senate Seeks Mileage Study Before Setting Truck CAFE

The Senate last week weakened legislation that would have set mileage standards for heavy trucks, instead ordering an 18-month study of large-truck fuel economy before the government can set such standards.

June 25, 2007

Oil Falls as Inventories Gain

Crude oil fell back by almost $1 a barrel following an Energy Department report that showed oil inventories jumped much higher than expectations last week, Bloomberg reported.

June 21, 2007

Senate Panel Backs Alternative Fuel Tax Breaks

A Senate committee approved $28 billion in tax breaks Tuesday to underwrite renewable fuels and clean coal technology, but the full Senate cut back provisions that would greatly expand diesel fuel made from coal, the New York Times reported.

June 20, 2007

Oil Rises to Nine-Month High, Nearing $70 a Barrel

Crude oil futures rose to a nine-month high Tuesday, closing at $69.10 a barrel, the highest New York Mercantile Exchange closing price since Sept. 1, Bloomberg reported.

June 19, 2007

Democrats Demand Action on Hot Fuel

WASHINGTON Congressional Democrats said steps need to be taken to ensure that U.S. consumers are not getting shortchanged by hot fuel, but representatives of the fuel retailing industry said adjusting sales by temperature was unnecessary and would hurt small businesses.

June 18, 2007

Diesel Rises 1.3瞽 to $2.805; Gas Falls to Just Over $3

Diesel fuels national average retail price rose 1.3 cents $2.805 a gallon, while gasoline fell 6.7 cents but remained just over $3, the Department of Energy said Monday.

June 19, 2007

NYC Cuts Traffic-Plan Fee for Trucks Meeting EPA Rule

New York City Mayor Michael Bloomberg announced a change in his congestion pricing proposal, saying trucks meeting federal engine emission standards would be charged $7 to enter Manhattan at peak times, rather than $21.

June 18, 2007