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Stricter Emission Rules Require New Oils, Lubricants

A major challenge facing the trucking industry as it copes with tighter emission standards from the Environmental Protection Agency is choosing the right type of oil to ensure that engines continue to perform to their maximum capability.

January 16, 2007

Schwarzenegger Orders Calif. to Further Cut Fuel Emissions

California Gov. Arnold Schwarzenegger (R) plans to ask state regulators to require the state’s petroleum refiners and gasoline sellers to cut greenhouse-gas emissions by 10%, the New York Times reported Wednesday.

January 10, 2007

Crude Oil Closes at 19-Month Low, at $54.02 a Barrel

Crude oil futures hit a 19-month low price, closing at $54.02 a barrel on the New York Mercantile Exchange Wednesday following a Department of Energy report showing strong heating-oil inventories, Bloomberg reported.

January 10, 2007

Diesel Average Price Drops 4.3 Cents to $2.537 a Gallon

The average retail price of diesel fuel dropped 4.3 cents to $2.537 a gallon, the Department of Energy reported Monday.

January 9, 2007

Crude Oil Closes Higher but Falls Almost $5 for Week

Crude oil prices tracked upward 76 cents Friday to close at $56.35 a barrel, Bloomberg reported, and the price tumbled almost $5 for the week and hit a one-year low closing price on Thursday.

January 5, 2007

November Air Cargo Shipments Jump 2.9%

November air cargo shipments jumped 2.9% compared with the same month a year ago, the Air Transport Association said Thursday.

January 4, 2007

Diesel Price Declines 1.6¢ to $2.58 a Gallon

The national average retail price of diesel fuel fell 1.6 cents to $2.58 a gallon, the Department of Energy said Tuesday.

January 3, 2007

EPA Issues Guidelines for 2010 Engine Emissions

The Environmental Protection Agency issued guidelines to engine manufacturers governing the use of new technology to meet 2010 emission standards. It also said it will approve pollution rules governing railroad emissions in 2007.

January 2, 2007