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Oil Closes at More Than $96 a Barrel

Crude oil closed at more than $96 Thursday for the first time in a month, following an Energy Department report that showed declining inventories, Bloomberg reported.

December 27, 2007

Letters to the Editor: CARB Reefer Rules, Old Trucks, Tires & Environment

Regarding your op-ed, “Dealing with California’s Reefer Rules," American Trucking Associations commends the efforts of the California Air Resources Board to conduct national outreach for the first time on its state regulation that will affect the nation’s refrigerated carriers.

December 26, 2007

Diesel Dips 0.1¢ to $3.308

The average price of retail diesel fuel fell 0.1 cent from a week ago to $3.308 a gallon, the Department of Energy said Wednesday.

December 26, 2007

EU Seeking Truck Emissions Cuts

European truck makers would have to cut urban air pollution in the European Union as much as 80% under new draft EU rules that would move Europe closer to U.S. standards, Bloomberg reported Friday.

December 21, 2007

UP Lowers Fourth-Quarter Earnings Forecast

Union Pacific Corp. cut its earnings forecast for the fourth quarter, citing higher diesel fuel costs and a delay in recovering its fuel surcharges.

December 19, 2007

Bush Backs EPA on California Waiver Denial

President Bush defended the Environmental Protection Agency’s decision to reject California’s plan to regulate greenhouse gas emissions from automobiles, saying that a national strategy toward climate change is more effective than a state-by-state approach, the Los Angeles Times reported.

December 20, 2007

Long Beach Approves Cargo Fee

The Port of Long Beach, Calif., Harbor Commission approved a $1.6 billion tax on cargo Monday to combat air pollution and clear the way for expansion projects, the Los Angeles Times reported.

December 18, 2007

Bush Signs Energy Legislation Into Law

President Bush signed into law Wednesday legislation that will require wider use of alternative fuels, calling it a major step toward energy independence, the Associated Press reported.

December 19, 2007

Senate OKs Energy Legislation; Includes Truck Mileage Study

After two failed attempts, the Senate late on Dec. 13 passed an energy bill that includes the potential start of a program to increase heavy-duty truck mileage.

December 17, 2007