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NewsNovember 18, 2008

GE Fleet Services to Host Free Online Seminar on Navigating the Energy Environment

EDEN PRAIRIE, MN – GE Capital Solutions Fleet Services will host a free online seminar, "Navigating the Energy Environment. What's Next? Fuel Outlook and Impact to Your Bottom Line in 2009" Dec. 2 from 11 a.m. – 12 p.m. CST.

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NewsNovember 18, 2008

Illinois Sees Gas Prices Drop More than $1 a Gallon in One Month

CHICAGO --- AAA Chicago's most recent Fuel Gauge Report, released Nov. 18, estimated that in Illinois, regular unleaded gasoline decreased $1.04 in the previous month.

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NewsNovember 17, 2008

Oklahoma Researchers Work to Convert Grasses into Biofuels

STILLWATER, OK --- Researchers at Oklahoma State University have received a $20 million grant for their work toward converting grasses into biofuels.

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NewsNovember 17, 2008

Gas-Shopping iPhone Application Upgraded

GAITHERSBURG, MD --- Oil Price Information Service (OPIS), a leading supplier of retail fuel pricing information, has upgraded its gas shopping service on the iPhone to allow customers to search the closest and cheapest stations in a given area.

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NewsNovember 17, 2008

Crude Settles at $54.95 in Today's Trading

NEW YORK -- Crude oil closed Monday at a new 22-month low, following a steady stream of negative economic news, the Wall Street Journal reported.

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NewsNovember 15, 2008

Southern California Gasoline Prices Continue Downward Spiral

LOS ANGELES --- Gas prices are still plummeting throughout Southern California and are now at their lowest level in nearly two years, according to the Automobile Club of Southern California's Weekend Gas Watch.

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NewsNovember 14, 2008

Nov. 13 Report: Gasoline Averages $2.22 a Gallon

WASHINGTON, D.C. --- The U.S. average price for regular gasoline tumbled another 17.6 cents to reach $2.224 per gallon, the Energy Information Administration (EIA) reported Nov. 13.

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NewsNovember 14, 2008

Nov. 13 Report: Diesel Averages $2.94

WASHINGTON, D.C. --- The U.S. average price for diesel fuel fell below $3 a gallon for the first time since Sept. 17 of last year, decreasing 14.4 cents to $2.944 per gallon, the Energy Information Administration (EIA) reported Nov. 13.

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NewsNovember 10, 2008

Oil Prices Stay Low Despite Plans for Chinese Stimulas Package

NEW YORK --- Oil prices didn't shift much today, as demand concerns continued to weigh on investors' minds despite announced plans for a stimulus package from the Chinese government, CNNMoney.com reported.

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NewsNovember 10, 2008

Credit Crunch Expected to Slow Investment in Oil Exploration

WASHINGTON, D.C. --- The ongoing credit crunch and recent decline in prices for oil and natural gas are likely to discourage exploration and production investment in both OPEC and non-OPEC countries, according to the U.S. Energy Department.

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