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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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NewsJuly 7, 2008

Crude-Oil Futures Drop More than $4 a Barrel

NEW YORK --- Crude-oil futures dropped more than $4 a barrel Monday, July 7, as the dollar gained strength against the euro and tensions eased somewhat over Iran's nuclear program, the Wall Street Journal reported.

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NewsJuly 7, 2008

New York Taxi Workers to Propose Fuel Surcharge

NEW YORK --- To offset their rising fuel costs, members of the New York Taxi Workers Alliance plan to meet today, July 7, to propose a $1 fuel surcharge that will need an OK from the Taxi and Limousine Commission, Newsday reported.

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NewsJuly 7, 2008

Comdata Names Joseph V.P. of Information Technology

BRENTWOOD, TN --- Comdata Corp., a leader in fuel payment solutions, has named Todd Joseph senior vice president of information technology.

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NewsJuly 7, 2008

North Dakota Refinery to Boost Diesel Fuel Capacity

MANDAN, N.D. — The only oil refinery in North Dakota is positioned for a $125 million facelift to increase its capacity for low-sulfur diesel fuel and to comply with federal environmental standards, the Associated Press reported.

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NewsJuly 3, 2008

PHH Arval Announces Summer Auction Gas Giveaway Promotion

SPARKS, MD – PHH Arval’s Used-Vehicle Remarketing Department has announced a nationwide auction summer gas giveaway program to begin this month.

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