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Diesel Drops 9.1¢ to $3.325

The national average price of diesel fuel fell for a second straight week, dropping 9.1 cents to $3.325 a gallon, the Energy Department said Monday.

December 11, 2007

UTi Worldwide’s 3Q Profit Improves

Air and ocean freight forwarder UTi Worldwide said Thursday its fiscal third-quarter profit rose 14% to $34.9 million or 35 cents a share, from $30.5 million or 31 cents a year ago.

December 6, 2007

Oil Falls Following DOE Report

Oil prices dipped Wednesday following an Energy Department report that showed distillate inventories, which include diesel fuel and home heating oil, rose last week.

December 5, 2007

Exxon Mobil, Partners to Build Hydrogen-Powered Forklift

Exxon Mobil Corp. said it will partner with two other companies and an Israeli university to build a commercial lift-truck application powered by fuel cells from hydrogen produced in the truck.

December 3, 2007

SoCal Ports Set Emissions Reduction Plan

Southern California’s ports are about to begin a multibillion-dollar program that is being watched all over the world to repair, replace or clean up engines to reduce pollution, the New York Times reported Monday.

December 3, 2007

Diesel Climbs 3.4¢ to $3.444

The national average price of diesel pushed past a record level for the third time in four weeks, rising 3.4 cents a gallon to $3.444, the Department of Energy reported.

December 3, 2007

Big Biodiesel Plant Opening in Iowa Tuesday

A large biodiesel plant that will be one of the world’s 10 largest biodiesel facilities is scheduled to open Tuesday in Iowa, the Albert Lea (Minn.) Tribune newspaper reported.

December 3, 2007

Automakers Say Deal Should Prevent States from Setting Emissions Standards

U.S. automakers say congressional legislation to boost U.S. fuel-economy standards 40% should halt efforts by states to restrict emissions, Bloomberg reported Monday.

December 3, 2007

Diesel Drops 2.8¢ to $3.416

The national average price of retail diesel fuel fell 2.8 cents from last week’s all-time record to $3.416 a gallon, the Department of Energy reported Monday.

December 4, 2007