Calif. Study Says Carbon Cuts Could Lower Fuel Costs
Pa. Trucking Firm Helps Buy Air Monitor
Diesel Slips 1.9¢; Gas Hits Record
The U.S. average price paid for retail diesel fuel fell another 1.9 cents last week to $2.773 a gallon, while the average gasoline price rose 4.9 cents to an all-time record of $3.103.
May 21, 2007Oil Closes Week Near $65 a Barrel
Crude oil futures for a second day closed just short of $65 a barrel on Friday, following a jump of more than $2 on Thursday, Bloomberg reported.
May 18, 2007British Air to Take Part in E-Freight Trial
Kitty Hawk Posts 1Q Loss
Air cargo transporter Kitty Hawk Inc. said it lost $11.6 million or 22 cents a share in the first quarter, compared with a loss of $8.7 million or 17 cents a year ago.
May 16, 2007Diesel Drops Another 1.9¢; Gas Soars to Record $3.103
Diesel’s national average pump price dipped 1.9 cents to $2.773 a gallon, while gasoline jumped 4.9 cents to an all-time record $3.103, the Department of Energy said Monday.
May 15, 2007Bush Outlines Emissions-Reduction Plan
President Bush on Monday ordered U.S. government agencies to begin taking regulatory steps to curb vehicle emissions and urged Congress to enact legislation to reduce U.S. dependence on foreign oil.
May 14, 2007Producer Price Index Gains 0.7%
The producer price index rose 0.7% in April, while the core PPI excluding food and energy was unchanged for a second straight month, the Labor Department said Friday.
May 11, 2007Feds Probing Oil-Trading Practices
Federal regulators are looking into possible manipulation of crude oil prices by after-hours trading practices, the Wall Street Journal reported Thursday.
May 10, 2007