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Saudi Arabia Seeks Meeting on Oil Prices

Saudi Arabia plans to call for a summit between oil-producing and consuming nations to discuss soaring crude prices, the Associated Press reported Monday.

June 9, 2008

Congress Tackles Splash-and-Dash Loophole Giving Tax Credit for Exported Biodiesel

Two bills circulating in Congress would eliminate a loophole that permits foreign producers of biodiesel to get a tax credit if they splash their product with petroleum-based diesel in the United States and then sell it overseas.

June 9, 2008

Mullen Buys Fluid, Oilfield Transport Firm

Canadian transportation firm Mullen Group Income Fund said Thursday it would buy the transport unit of Essential Energy Services Trust for C$135 million.

June 5, 2008

GM Closing Four North American Plants

General Motors Corp. is closing four North American truck and sport utility vehicle plants, in light of high fuel prices that are pushing consumers to smaller vehicles, the Associated Press reported Tuesday.

June 3, 2008

Letters to the Editor: Fuel-Protests, Fuel-Intermodal, Fuel-Surcharges, Troopers in Trucks, Border Pilot Program

The only way fuel prices will ever come back down to reasonable levels is for our nations truckers to park their rigs for three to seven days. Even drivers for major companies would need to park and refuse to drive.

June 4, 2008

Diesel Dips 1.6瞽 to $4.707; Gas Gains 3.9瞽 to Record $3.976

The average price of retail diesel fuel fell for the first time in a month, dipping 1.6 cents from an all-time record high to an average $4.707 a gallon, the Department of Energy said.

June 3, 2008

Bill Would Require Ships to Use Clean Fuel

Emissions from cargo ships would be reduced under legislation that passed the Senate Environment and Public Works Committee, the Associated Press reported.

May 30, 2008

Minnesota to Require 20% Biodiesel in 2015

Minnesota Gov. Tim Pawlenty (R) signed a bill that will require diesel sold in the state to contain 20% biodiesel content by 2015, the Associated Press reported.

May 30, 2008

Software Firms Seeing Greater Demand as Fleets Seek Savings, Efficiency Gains

Executives with several software firms said their businesses are awash with inquiries from carriers seeking to streamline operations as they struggle with record fuel prices and sluggish freight demand.

June 2, 2008

Diesel Soars Another 22.6瞽 to Record $4.723

Diesel continued to soar last week, jumping 22.6 cents to put the national average retail price at an unprecedented $4.723 a gallon, according to the Department of Energy.

June 2, 2008