House OKs Bill With Cap-and-Trade Measure
In a vote divided largely along party lines, the House last week narrowly passed an energy bill that calls for the United States to reduce its greenhouse-gas emissions by 17% from 2005 levels by 2020 and includes a controversial cap-and-trade provision. The vote sends the measure to the Senate, where it likely faces a tough and long battle.
July 6, 2009DeFazio Seeks to Tax Oil Futures Contracts
A leading Democrat on the House Transportation and Infrastructure Committee proposed taxing speculative oil trades to kill two birds with one stone: Boost highway funding and reduce the effect of speculation on fuel prices.
July 6, 2009EPA Approves Calif.’s Waiver Request to Regulate Greenhouse Gas Emissions
The Environmental Protection Agency last week approved California’s request for a federal waiver, allowing the state to immediately implement restrictions on greenhouse gas emissions from new cars and light trucks and reversing a Bush administration decision.
July 6, 2009EPA Grants Calif. Waiver on Greenhouse Gas Emissions
The Environmental Protection Agency has granted California permission to set its own standards on greenhouse gas emissions from cars and light trucks.
June 30, 2009Diesel Dips 0.8¢ to $2.608; Drop Is First in 2 Months
The average national price of diesel fuel fell for the first time in eight weeks, dipping 0.8 cent to $2.608 a gallon, the Department of Energy said.
June 30, 2009Clean Energy Opens Natural Gas Station at SoCal Ports
Clean Energy Fuels Corp. said Tuesday it has opened the world’s largest natural gas truck fueling station, on a site adjacent to the Ports of Los Angeles and Long Beach, Calif.
June 30, 2009Gas Prices Steady in Past Two Weeks, Lundberg Says
Gasoline prices held steady over the past two weeks at $2.66 per gallon for regular grade, according to the national Lundberg Survey of fuel prices released Sunday.
June 29, 2009Trucking Raises Concerns over House-Passed Energy Bill
The trucking industry has raised concerns over the energy bill passed by the House that would include a “cap and trade” provision to set up a market for greenhouse gas emissions.
June 29, 2009’07 Engines Run Cleaner Than Federal Standards
Over-the-highway trucks and buses with 2007 engine technology ran nearly 90% cleaner than required by federal emission standards for diesel particulate matter, the key pollutant targeted that year, a recent study has found.
June 29, 2009Oil Falls Below $69 Following DOE Report
Oil fell more than $1 to below $69 a barrel Wednesday following a Department of Energy report that showed retail fuel supplies rose last week, Bloomberg reported.
June 24, 2009