Crude Oil Hits $100 a Barrel
Crude oil futures hit $100 a barrel Wednesday for the first time, as global petroleum demand continued to outstrip supplies, the Associated Press reported.
January 2, 2008Diesel Gains 3.7¢ to $3.345
The average price of retail diesel fuel rose 3.7 cents to $3.345 a gallon, while gasoline jumped 7.3 cents to $3.053, the Department of Energy said.
January 2, 2008Oil Closes at More Than $96 a Barrel
Crude oil closed at more than $96 Thursday for the first time in a month, following an Energy Department report that showed declining inventories, Bloomberg reported.
December 27, 2007Diesel Dips 0.1¢ to $3.308
The average price of retail diesel fuel fell 0.1 cent from a week ago to $3.308 a gallon, the Department of Energy said Wednesday.
December 26, 2007Letters to the Editor: CARB Reefer Rules, Old Trucks, Tires & Environment
Regarding your op-ed, “Dealing with California’s Reefer Rules," American Trucking Associations commends the efforts of the California Air Resources Board to conduct national outreach for the first time on its state regulation that will affect the nation’s refrigerated carriers.
December 26, 2007Oil Rises to Near $95 a Barrel
Oil prices rose to near $95 a barrel early Wednesday on forecasts that crude inventories will continue to decline, the Associated Press reported.
December 26, 2007EU Seeking Truck Emissions Cuts
European truck makers would have to cut urban air pollution in the European Union as much as 80% under new draft EU rules that would move Europe closer to U.S. standards, Bloomberg reported Friday.
December 21, 2007Bush Backs EPA on California Waiver Denial
President Bush defended the Environmental Protection Agency’s decision to reject California’s plan to regulate greenhouse gas emissions from automobiles, saying that a national strategy toward climate change is more effective than a state-by-state approach, the Los Angeles Times reported.
December 20, 2007UP Lowers Fourth-Quarter Earnings Forecast
Union Pacific Corp. cut its earnings forecast for the fourth quarter, citing higher diesel fuel costs and a delay in recovering its fuel surcharges.
December 19, 2007Bush Signs Energy Legislation Into Law
President Bush signed into law Wednesday legislation that will require wider use of alternative fuels, calling it a major step toward energy independence, the Associated Press reported.
December 19, 2007