The Department of Energy sharply boosted its projections for diesel fuel prices into 2008, raising its forecast from a month ago by 18 cents a gallon for this month alone, to an average of $3.36 a gallon.
December 11, 2007Fuel, Business, Government
Senate 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, 2007Business, Fuel, Government
Consumer 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, 2007Government, Business, Fuel
October Trade Gap Rises 1.2%
The U.S. trade deficit widened in October as crude oil prices surged, the Commerce Department said Wednesday.
December 12, 2007Fuel, Business, Government
DOE Boosts ’08 Diesel Price Forecast
Fuel, Business, Logistics, Government
Diesel Drops 9.1¢ to $3.325
The national average price of diesel fuel fell for a second straight week, dropping 9.1 cents to $3.325 a gallon, the Energy Department said Monday.
December 11, 2007Fuel, Business, Equipment
FedEx Teams With Parker Hannifin on Hybrid Technology
FedEx Ground and Parker Hannifin Corp. said Friday they have agreed to test a Class 6 vehicle employing hybrid hydraulic technology that seeks to improve fuel mileage by greater than 50% and significantly reduce engine emissions.
December 10, 2007Government, Business, Safety, Fuel
California Approves Port Emissions Rules
California state regulators enacted strict air emission rules Friday that will ban much of the current fleet of diesel trucks from all ports statewide, the Los Angeles Times reported Saturday.
December 10, 2007Government, Business, Safety, Fuel
Opinion: Dealing With California’s Reefer Rules
The California Air Resources Board is recommending that truckers with transport refrigeration units, also known as reefers, pay attention to upcoming deadlines to avoid penalties.
December 10, 2007Government, Business, Safety, Fuel, Technology, Equipment
SDA Unveils EyStar Pocket-Size GPS Unit
Secured Digital Applications, a provider of asset-tracking services, has unveiled its new pocket-size Bluetooth Global Positioning System receiver, saying it offers a cheaper alternative to comparable vehicle-mounted systems.
December 10, 2007Fuel, Business, Government
Diesel Dips 2.8¢ to $3.416 a Gallon
The average price of retail diesel slipped below its record high last week, dipping 2.8 cents to $3.416 a gallon, the U.S. Department of Energy reported, citing a decline in demand for distillate fuels.
December 10, 2007