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NewsMay 19, 2008

'Extreme Hybrid' SUV Showcased at NAFA

SALT LAKE CITY --- AFS Trinity Power Corp. and Ricardo recently showcased the XH-150 Extreme Hybrid SUV at the 2008 NAFA Institute and Expo in Salt Lake City, Utah, as part of a GreenRide and Drive event.

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NewsMay 19, 2008

Bush: Saudi Oil Boost 'Not Enough' to Lower Prices

SHARM el-SHEIKH, Egypt --- President George W. Bush on Saturday, May 17, argued for more domestic oil exploration and refining capacity and called Saudi Arabia's decision to raise oil output 300,000 barrels a day "not enough" to lower U.S. energy prices, Bloomberg reported.

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NewsMay 19, 2008

Crude Oil Trades at Over $127/Barrel on Monday

NEW YORK --- Driven by the weakening of the U.S. dollar, crude oil for June delivery rose as much as $1.48 a barrel, or 1.2 percent, to $127.77 a barrel on the New York Mercantile Exchange today, Bloomberg reported.

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NewsMay 19, 2008

Nissan-NEC Joint Venture Developing Lithium-Ion Batteries

TOKYO --- Automotive Energy Supply Corp. (AESC) announced it has begun full operations, focusing on the development and mass production of advanced lithium-ion batteries for a wide range of automotive applications -- from hybrids, electric vehicles to fuel-cell vehicles.

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NewsMay 19, 2008

Chrysler Extends Gas Guarantee Program to July 7

AUBURN HILLS, Mich. --- Chrysler LLC today extended to July 7 the Let's Refuel America $2.99 gas guarantee program, which offers customers the opportunity to lock in their gasoline purchases at $2.99 a gallon for three years, up to 36,000 miles.

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NewsMay 16, 2008

New Survey Shows Drivers Aren't Getting the Message: Slowing Down Improves Gas Mileage

WASHINGTON, D.C. – According to an informal GHSA survey of state highway safety agencies, only Wisconsin reports a noticeable trend of reduced speeds as a result of high gas prices.

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NewsMay 15, 2008

Fuel Prices Reach New Heights Again

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline jumped to yet another all-time high, as the price increased by 10.9 cents to $3.722 per gallon.

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NewsMay 12, 2008

Chrysler Offers Gas Price Protection

AUBURN HILLS, Mich. --- Chrysler LLC has launched a gas price protection policy that shields vehicle buyers from the risk of further spikes in fuel prices.

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NewsMay 12, 2008

Crude Oil Price at $125.28/Barrel

NEW YORK --- Crude oil prices on Monday, May 12, stabilized a little on the New York Mercantile Exchange as the dollar posted gains against the euro and yen, UPI reported.

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NewsMay 12, 2008

Trucking Group Urges Congressional Action to Lower Fuel Costs

ARLINGTON, Va. --- American Trucking Associations State Vice President Mike Card last week called on Congress to support the trucking industry's efforts to reduce fuel consumption and address the escalating cost of fuel.

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