10% Cut in Truck Traffic Called ‘Almost Ludicrous’
The idea of removing 10% of truck traffic from the nation’s highways by 2020 to reduce carbon emissions is “almost ludicrous,” Ray Kuntz, former chairman of American Trucking Associations, told a Senate committee last week.
July 20, 2009Standards Group Votes Against Pump Gauges for ‘Hot Fuel’
The National Conference on Weights and Measures has voted not to require temperature gauges to measure fuel output on retail pumps.
July 17, 2009Oil Tops $61 Following DOE Inventory Report
Oil rose by the most in six weeks Wednesday following a Department of Energy report that showed declines in crude stockpiles and a modest uptick in diesel demand, Bloomberg reported.
July 15, 2009CSX Profit Falls 20% in Second Quarter
Freight railroad CSX Corp. said its second-quarter profit fell 20% as fuel surcharges and shipments dropped.
July 14, 2009Diesel Drops 5.2¢ to $2.542 in Third Straight Decline
Diesel fell for a third straight week, dropping 5.2 cents to $2.542 a gallon, the Department of Energy said.
July 14, 2009Retail Sales Rise 0.6% in June
Retail sales rose 0.6% in June, led by gains in automobile and fuel purchases, the Commerce Department said Tuesday.
July 14, 2009Producer Price Index Rises 1.8%
Prices paid to U.S. producers jumped 1.8% in June, led by higher fuel costs, the Labor Department said Tuesday.
July 14, 2009Navistar Says Final 2010 Engine Testing on Track
Navistar International Corp. said Monday that it is on track with final testing of its exhaust gas recirculation MaxxForce engines to meet 2010 emissions standards.
July 13, 2009Gasoline Average Drops a Dime, Lundberg Reports
Gasoline prices fell 10 cents in the past two weeks to $2.56 per gallon, according to latest Lundberg Survey of fuel prices released Sunday.
July 13, 2009EU Imposes Tariffs on U.S. Biodiesel Fuel
The European Union last week imposed tariffs on biodiesel imported from the United States to counter low prices it said were caused by subsidies, but a spokesman for the U.S. Trade Representative denied subsidies were the main reason for the growth of U.S. sales in Europe and that the United States would review the tariffs “closely.”
July 13, 2009