Bush 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, 2007Diesel Falls 1.6¢ to $3.309
The average pump price of diesel fuel fell 1.6 cents to $3.309 a gallon, the Department of Energy said Monday.
December 18, 2007Long Beach Approves Cargo Fee
The Port of Long Beach, Calif., Harbor Commission approved a $1.6 billion tax on cargo Monday to combat air pollution and clear the way for expansion projects, the Los Angeles Times reported.
December 18, 2007Senate OKs Energy Legislation; Includes Truck Mileage Study
After two failed attempts, the Senate late on Dec. 13 passed an energy bill that includes the potential start of a program to increase heavy-duty truck mileage.
December 17, 2007Diesel Average Drops 9.1¢ To $3.325
Retail diesel posted its largest weekly decline of 2007, falling 9.1 cents to $3.325 a gallon following recent inventory gains and lower crude oil prices, the Department of Energy reported.
December 17, 2007Letters to the Editor: Port Restrictions, Biodiesel, HOS
Restricting older trucks in the ports seems to be restricting trade. If these trucks are legal to use in the state of California, they should be allowed in the ports.
December 17, 2007Senate Passes Revised Energy Bill
The Senate passed an energy bill late Thursday that would boost fuel efficiency for new automobile fleets to 35 mpg by 2020, increase energy efficiency standards and set a mandate for more use of ethanol and other biofuels, the Washington Post reported Friday.
December 14, 2007Consumer Prices Jump 0.8% in November
The consumer price index jumped 0.8% in November, led by increases in energy costs, the Labor Department said Friday.
December 14, 2007