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NewsJuly 17, 2008

Diesel Price Climbs to Another Record High

WASHINGTON, D.C. --- For the second week in a row, the U.S. average retail diesel price increased. The price strengthened 3.7 cents to another all-time high of $4.764 per gallon, according to the Energy Department's weekly report released July 16.

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NewsJuly 17, 2008

July 16 Report: Gas Averages $4.113 a Gallon

WASHINGTON, D.C. --- For the first time since June 23, the U.S. average retail price for regular gasoline did not increase, according to a weekly report issued by the Energy Department on July 16.

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NewsJuly 14, 2008

July 9 Report: Gas Averages $4.11 Per Gallon

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline climbed higher into record territory, increasing 1.9 cents to $4.114 per gallon, according to a weekly report released July 9 by the Energy Department.

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NewsJuly 14, 2008

Oil Price Tops $145 a Barrel

NEW YORK --- Oil prices rose above $145 a barrel on Monday, July 14.

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NewsJuly 14, 2008

FTC Discounts Claims of Fuel-Boosting Gadgets

NEW YORK --- The price of gasoline has sparked sales of products designed to boost gas mileage, but the federal government warns that these gadgets aren't worth the money.

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NewsJuly 14, 2008

Bush Lifts Presidential Ban on Offshore Drilling

WASHINGTON, D.C. --- President Bush today lifted a presidential ban, implemented by his father, on offshore oil drilling on the outer continental shelf, the Washington Post reported.

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NewsJuly 14, 2008

GM, Governors to Push for More Biofuel Stations

WASHINGTON, D.C. --- General Motors Corp. and the National Governors Association have agreed to work together the next few years to ensure the addition of ethanol fuel stations across the U.S. and to help bolster demand for new biofuels made from sources other than corn, the Detroit Free Press reported.

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NewsJuly 14, 2008

Toyota to Produce Prius in the U.S.

ERLANGER, KY --- Toyota is responding to heightened demand for fuel efficiency by adjusting the production mix at three plants. The changes include the addition of the Prius hybrid sedan to its North American lineup.

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NewsJuly 14, 2008

Southern California Drivers Get a Little Relief at Pump

LOS ANGELES --- Three straight weeks of gas price declines have brought only slight relief at the pump for Southern California drivers, with most area gas price averages dropping by less than 10 cents from their records, according to the Automobile Club of Southern California's Weekend Gas Watch.

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NewsJuly 7, 2008

Gasoline Price Resumes Upward Climb

WASHINGTON, D.C. --- After a one-week respite, the U.S. average retail price for regular gasoline increased to a new record high, moving up 1.6 cents to $4.095 per gallon, according to the Energy Department's latest weekly report issued July 2.

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