May 5, 2008
WASHINGTON, D.C. –The new Energy in Brief series strives to make EIA information more accessible to energy novices.
Tags: EIA, energy
April 20, 2008
WASHINGTON, D.C. --- The U.S. average price for diesel shot up 10.4 cents to reach $4.059 per gallon, surpassing $4 per gallon for the first time in history, the Energy Department reported April 16.
Tags: diesel prices, EIA
April 16, 2008
WASHINGTON, D.C. --- For the third consecutive week, the U.S. average retail price for regular gasoline moved higher, setting another all-time record of $3.389 per gallon, the Energy Department reported April 16.
Tags: EIA, gasoline prices
April 11, 2008
WASHINGTON, D.C. --- For the second week in a row, the U.S. average retail price for regular gasoline moved higher, setting another all-time record of $3.332 per gallon, according to the Energy Department's Energy Information Administration.
Tags: diesel prices, EIA, gasoline prices
WASHINGTON, D.C. --- Facing a slowing economy and higher prices at the pump, American households have curbed their consumption of gasoline in recent months.
Tags: EIA, Energy Department, gasoline consumption
March 14, 2008
WASHINGTON, D.C. --- Gasoline prices this week rose in all regions of the country, with the U.S. average retail price reaching its highest point in history, $3.225 per gallon, the Energy Department reported.
WASHINGTON, D.C. --- The Energy Department has projected that the U.S. monthly average retail regular gasoline price will peak near $3.50 per gallon in May and June.
Tags: EIA, Energy Dept., gasoline prices
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By Mike Antich Reducing unnecessary idling is the simplest and easiest way for a fleet to reduce fuel costs. Besides wasting fuel, excess idling also causes unnecessary emissions, noise pollution, and needless engine wear-and-tear. The amount of unnecessary idling varies by fleet, but some fleets have recorded idling as much as 35 percent of the time.
By Mike Antich The bread-and-butter customers of out-of-service fleet vehicles are buyers with C and D credit, namely subprime buyers. However, funders have tightened underwriting standards to manage these higher risk borrowers. Some lenders have caps on how low a FICO score they are willing to fund, which is often above the threshold of subprime borrowers. If this continues, it will have significant long-term implications for the sale of used fleet vehicles.
By Mike Antich
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In This Issue: 16 F&I Show Highlights, 22 eContracting Getting Closer, Continuing a Legacy of Honesty and much more…