Fuel

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.

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.

Clean Energy Fuels Corp., which operates natural gas fueling stations throughout the United States and Canada, said it plans to issue 6 million shares of its common stock.

American Trucking Associations Monday called on Congress to increase the transparency of commodities futures markets and impose “reasonable aggregate position limits on energy commodities,” in an effort to stem the price spikes and record high prices of last summer.

Maersk Line said it will offer its container chassis to drayage firms, ocean carriers, marine terminals and railroads for use throughout the country, a move company officials said will reduce delays for truck drivers and decrease fuel consumption and carbon emissions.

The Senate Energy and Natural Resources Committee has approved legislation that would open more of the eastern Gulf of Mexico to oil and gas drilling, Bloomberg reported.

The use of diesel fuel has fallen sharply as freight levels have nose-dived during the global recession. The home-heating oil season has ended, so there is no competition for the distillate both heating oil and diesel are made from.