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News•by Staff•January 16, 2007

GM Plans 2008 Hybrid Malibu

DETROIT, MI – General Motors Corp. said Jan. 9 that it will offer a hybrid version of the redesigned Malibu sedan in the beginning of next year.

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News•January 16, 2007

Saudi Oil Minister Rejects Need for Emergency OPEC Meeting

SAUDI ARABIA --- Ali al-Naimi, Saudi Arabia's oil minister and OPEC's most authoritative voice, this week rejected calls for an emergency OPEC meeting to address declining crude oil prices.

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News•January 12, 2007

Oil Imports Down, Refineries Rely on Inventory Drawdowns

WASHINGTON, D.C. --- The Energy Department reported that for the week ending Jan. 5, crude oil inventories declined by 5 million barrels. At the same time, total gasoline inventories rose by 3.8 million barrels, including an increase of 1.6 million barrels in blending components.

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News•January 12, 2007

Prices at the Pump Continue to Drop

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline for Jan. 8 fell 2.8 cents to $2.306 per gallon. Prices are now 2.1 cents per gallon lower than at this time last year, reported the Energy Department's Energy Information Administration (EIA).

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News•January 12, 2007

Wal-Mart Plans to Develop Hybrid Trucks

BENTONVILLE, Ark. --- The nation's biggest retailer, Wal-Mart, is partnering with auto component supplier ArvinMeritor to develop a diesel-electric hybrid truck.

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News•January 12, 2007

37 Governors Ask for New Ethanol Mandate

WASHINGTON, D.C. --- Governors of 37 states this week asked the federal government for a new rule to mandate ethanol use. At present, engine warranties limit ethanol use to 10 percent. The group of governors wants a new rule that would call for 25 percent ethanol by 2025.

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News•January 12, 2007

Planned Missouri Biodiesel Plant to Use Tyson Foods' Chicken Fat

DEXTER, Mo. --- Plans call for a new $5 million biodiesel plant that will use chicken fat waste produced at a nearby Tyson Foods poultry plant.

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News•January 9, 2007

New Year Ushers in New Era of Clean Diesel Trucks

WASHINGTON, D.C. – With new clean-diesel heavy-duty engines set to roll off of assembly lines nationwide this year, the diesel industry demonstrated that it has met the technological and regulatory challenges of manufacturing trucks that produce up to 90-percent fewer emissions than the previous generation of diesels.

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News•January 9, 2007

Fleet One Announces Sunoco Agreement Adding 4,600+ Locations for Fleet One Local Card

NASHVILLE, TN – Fleet One, LLC, a Tennessee-based provider of financial service solutions to companies with vehicle fleets and the merchants that serve them, has announced an agreement with Sunoco that allows the Fleet One Local fuel card to be accepted at its more than 4,600 gas stations and Sunoco APlus convenience stores.

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News•January 9, 2007

Freightliner LLC Builds EPA 2007-Certified Detroit Diesel Engines and Plans January Truck Deliveries

PORTLAND, OR – Freightliner LLC has initiated the build of EPA 2007 emissions-certified heavy-duty Detroit Diesel Series 60 engines. Series 60 engines compliant with the new regulations emit 95-percent less particulate matter and 50-percent less nitrogen oxide than comparable engines in 2006.

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