Diesel Soars Another 22.6¢ to Record $4.723
Diesel continued to soar last week, jumping 22.6 cents to put the national average retail price at an unprecedented $4.723 a gallon, according to the Department of Energy.
June 2, 2008U.S. Trade Deficit Widens, Commerce Says
The <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />U.S. trade deficit expanded in April for the second straight month following seven declines, as exports dropped to the lowest level in almost three years, the Commerce Department said Wednesday.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
June 1, 2008Bill Would Require Ships to Use Clean Fuel
Emissions from cargo ships would be reduced under legislation that passed the Senate Environment and Public Works Committee, the Associated Press reported.
May 30, 2008Consumer Sentiment Index Declines
U.S. consumer confidence fell to a 28-year low in May, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
May 30, 2008Chicago Manufacturing Index Shows Contraction
Manufacturing activity in the Chicago region improved in May but showed contraction showed for a fourth straight month, the National Association of Purchasing Management said Friday.
May 30, 2008Personal Spending, Incomes Gain in April
Consumer personal spending rose 0.2% in April, the Commerce Department said Friday.
May 30, 2008Minnesota to Require 20% Biodiesel in 2015
Minnesota Gov. Tim Pawlenty (R) signed a bill that will require diesel sold in the state to contain 20% biodiesel content by 2015, the Associated Press reported.
May 30, 2008NAFTA Surface Trade Rises 1.5%
Surface trade among the United States, Canada and Mexico rose 1.5% in March from a year earlier, though imports by truck fell, the Department of Transportation said Thursday.
May 29, 2008Frozen Food Express to Slow Fleet’s Speed to 62 MPH
Refrigerated truckload carrier Frozen Food Express Industries said Thursday it will lower the maximum speed of its trucks to 62 miles per hour, from 65 mph, in an effort to save money on fuel.
May 29, 2008First-Quarter GDP Revised Up to 0.9%
The U.S. economy grew at a 0.9% annual rate in the first quarter, more than the 0.6% first reported last month, the Commerce Department said Thursday.
May 29, 2008