Oil Falls to Near $50 in Early Trading
Crude oil fell almost $2 to near $50 a barrel in early trading Monday following a similar drop on Friday, as the outlook for world demand remained low, Bloomberg reported.
March 30, 2009EPA Set to Classify Greenhouse Gas a Danger
The Environmental Protection Agency is poised to declare that greenhouse gas emissions endanger the public’s health and welfare — a move that could accelerate government rulemaking related to air quality.
March 30, 2009Senate Panel Criticizes DOT Secretary for Refusal to Consider Higher Fuel Tax
WASHINGTON — Members of the Senate Environment and Public Works Committee criticized Transportation Secretary Ray LaHood and the Obama administration for refusing to consider an increase in the federal fuel tax.
March 30, 2009Diesel Increases 7.3¢ to $2.09; 1st Price Rise in Over 2 Months
Rising oil prices and growing distillate demand pushed the U.S. national diesel average 7.3 cents higher to $2.09 last week, the first increase in more than two months, the Department of Energy reported.
March 30, 2009UTi Worldwide Reports Fourth-Quarter Loss
Air and ocean freight forwarder UTi Worldwide lost $89.8 million, or 89 cents per share, for its fiscal fourth quarter, compared with a profit of $18 million, or 18 cents per share, a year ago.
March 26, 2009FedEx May Scrub $7.7 Bln. Order for New Jets
FedEx Corp. said it may not go through with a $7.7 billion purchase of 30 new jet planes for air freight if federal law is changed to make it easier for its employees to join a union, Bloomberg reported.
March 25, 2009Diesel Jumps 7.3¢ to $2.09 a Gallon
Diesel fuel rose 7.3 cents to a national average $2.09 per gallon, sharply reversing its downward trend since last summer, the Department of Energy said Monday.
March 24, 2009EPA Eyes Regulating Greenhouse Gas Emissions
The Environmental Protection Agency may seek to limit greenhouse gas emissions, the Washington Post reported Tuesday.
March 24, 2009Three DEF Manufacturers Gain API Certification
Several companies that blend diesel exhaust fluid, the urea solution used in truck engines with selective catalytic reduction systems, have had their blends certified by the American Petroleum Institute.
March 23, 2009The Great Louisville Debate
SCR vs. Advanced EGR: The face-off in Louisville had all the earmarks of a hotly contested debate, with competing manufacturers and suppliers assembling their best arguments and putting on their most compelling displays while attempting to sway opinion as to why one 2010 clean-engine technology is better than the other.
March 23, 2009