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Diesel, Gas Dip As Petroleum Prices Retreat

U.S. retail fuel prices dipped last week, as crude oil costs fell. The Department of Energy said the average price for diesel around the nation was 5 cents a gallon lower at $3.326, while gas slipped 4.1 cents to $3.068.

January 21, 2008

EPA Completes Draft ‘Greenhouse’ Regs

The Environmental Protection Agency has completed its draft of new regulations to reduce greenhouse-gas emissions from cars and trucks, Bloomberg reported.

January 16, 2008

Drivers Reducing Miles from High Fuel Prices, Report Says

U.S. drivers are taking fewer highway trips, slowing down and bidding up the price of more fuel-efficient vehicles in response to a doubling of gasoline prices since 2003, according to a new government report, Bloomberg reported.

January 15, 2008

Panel Proposes 40-Cent Gas-Tax Boost

Federal fuel taxes should be boosted as much as 40 cents a gallon to finance highway, bridge and transit work, a panel created by Congress said Tuesday, Bloomberg reported.

January 15, 2008

Diesel Drops a Nickel to $3.326

The national average price of retail diesel fuel declined 5 cents to $3.326 a gallon, the Department of Energy said Monday.

January 15, 2008

Diesel Rises Again; DOE Sees $3.40 Average Into Spring

Diesel fuel prices rose again last week, gaining 3.1 cents to $3.376 a gallon in the Department of Energy’s weekly average of filling stations. DOE said average gasoline prices increased 5.6 cents to $3.109.

January 14, 2008

Panel to Back Fuel Tax Hike

The commission charged with examining the future of the national transportation system is set to recommend a significant increase in federal fuel taxes to Congress, according to wire service reports and other sources.

January 14, 2008

Polar Air Cargo to Begin U.S.-Japan Flights

Polar Air Cargo Worldwide said Wednesday it will begin service to Japan, from Chicago, starting Feb. 21.

January 9, 2008

UPS Expands International Express Service

UPS Inc. said Monday it is expanding an international air-freight service that guarantees delivery dates, as it leans more on global operations.

January 7, 2008