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NewsSeptember 25, 2008

Hurricane Aftermath Still Affecting Production, Refinery Capacity

WASHINGTON, D.C. --- The Energy Department reported that as of Sept. 23, more than 850,000 barrels per day of crude oil production from the Gulf of Mexico and about 1.7 million barrels per day of refinery capacity were still shut down.

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NewsSeptember 25, 2008

Sept. 24 Report: Gasoline Price Drops in All Regions

WASHINGTON, D.C. --- The U.S. average price for regular gasoline on Sept. 24 sank 11.7 cents to $3.718 per gallon -- nearly 40 cents below the all-time high set on July 7, the Energy Information Administration reported.

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NewsSeptember 25, 2008

Average Price of Diesel Drops Below $4 a Gallon

WASHINGTON, D.C. --- The average U.S. retail diesel price slipped 6.5 cents to drop below $4 a gallon for the first time since April 7, according to a Sept. 24 report from the Energy Information Administration.

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NewsSeptember 22, 2008

Gasoline Prices Surge in Wake of Hurricanes

WASHINGTON, D.C. --- Propelled by temporary refinery outages resulting from hurricanes Gustav and Ike, the U.S. average retail price for regular gasoline increased for the first time in 10 weeks.

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NewsSeptember 22, 2008

Diesel Prices Continue Drop

WASHINGTON, D.C. --- The average U.S. retail diesel price continued its downward slide, dropping another 3.6 cents to $4.023 per gallon, the Energy Information Administration (EIA) reported last week.

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NewsSeptember 22, 2008

CNG Refuse Trucks, Fuel Station to Come to Seattle

SEATTLE, WA --- CleanScapes Inc., a new waste-management contractor for the city of Seattle, has contracted Clean Energy Fuels Corp. to build and operate a compressed natural gas (CNG) station and provide fuel for CleanScapes' 40 new CNG-powered refuse trucks.

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NewsSeptember 22, 2008

Oil Prices Climb More than $25 a Barrel in Today's Trading

NEW YORK --- Oil prices spiked more than $25 a barrel Monday, Sept. 22, the biggest one-day price jump ever, the Associated Press reported. The price surge was prompted by anxiety over the government's $700 billion bailout plan for the financial markets.

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NewsSeptember 22, 2008

Study Blames Earlier Oil Market Price Swings on Speculators

WASHINGTON, D.C. --- An independent study of oil markets concludes that speculation by large investors -- not supply and demand -- was a primary reason for the surge in oil prices during the first half of this year and for the subsequent price declines.

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NewsSeptember 22, 2008

Interior Secretary May Fire Minerals Management Staff Involved in Scandal

WASHINGTON, D.C. — Interior Secretary Dirk Kempthorne told a House committee Thursday, Sept. 18, that he might fire employees in the agency that collects oil and gas royalties, a week after the department's inspector general reported ethics abuses there.

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NewsSeptember 22, 2008

Diesel Volumes Continue to Decline at Truckstops

ALEXANDRIA, VA --- Diesel volumes at truckstops continue this year to decline over 2007 volumes, according to a fuel survey conducted by NATSO, an association representing 1,100 truckstops and travel plazas.

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