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News•June 26, 2006

Shell Teaches Fleet Customers About 2007 Engines, Fuels, and Oils

HOUSTON – On Jun. 13, Shell Lubricants kicked off the multi-city Shell Tech Tour in Dallas. Attendees were presented with a multimedia, educational seminar designed to update fleet customers on the latest lubricants and coolants technology. The Shell Tech Tour will travel to six cities during June.

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News•June 23, 2006

BP Pledges $500 Million for Biofuel Research

LONDON, U.K. --- BP announced plans to invest $500 million in biofuels research over the next 10 years.

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News•June 22, 2006

Calif. Voters to Consider Oil Tax to Fund Alt-Energy Programs

SACRAMENTO, Calif. --- California voters in November will vote on whether to tax oil companies to fund alternative energy programs, according to a report in the Los Angeles Times.

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News•June 22, 2006

Boston Area Car Service Opts for Hybrid Fleet

CAMBRIDGE, Mass. --- PlanetTran LLC, a three-year-old livery service serving the Boston area, is operating with an all-hybrid fleet.

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News•June 22, 2006

Hybridfest to Showcase Hybrid Models

MADISON, Wis. --- Hybridfest 2006, an event showcasing hybrid electric vehicles, will be held in Madison on July 22.

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News•June 21, 2006

Average Retail Gasoline Prices Fall 3.5 Cents

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline fell 3.5 cents last week to $2.871 per gallon as of June 19.

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News•by Staff•June 20, 2006

Preliminary Results of Fuel Economy Study Find Negative Influencers Affecting Fuel Consumption

SPARKS, MD - PHH FirstFleet, the recently formed truck group combining PHH Arval and First Fleet Corp., is conducting an 18-month fuel economy study utilizing PHH Onboard telematics technology. The study is being conducted across the United States under normal operating conditions in various terrains and climates.

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News•June 20, 2006

US Oil Consumption Dropped in 2005; Global Consumption Climbed

CHICAGO, IL – According to BP's recently released Statistical Review of World Energy 2006, consumption of oil in the United States dropped 0.16% in 2005 from the year before, declining slightly from an average of 20.732 million barrels per day (mbpd) to 20.655 mbpd. Global consumption of oil, however, increased 1.3% from 2004 to 2005, climbing from 81.444 mbpd to 82.459 mbpd.

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News•June 20, 2006

UPS ‘Green Fleet' Passes 100 Million Miles Mark

ATLANTA, GA – UPS' fleet of alternative-fuel trucks has hit a major milestone, traveling more than 100 million miles to deliver packages to homes and businesses. According to a company press release, the total mileage accumulated since 2000 now stands at 108 million miles, or the equivalent of circling the Earth more than 4,337 times or traveling from Earth to Venus four-and-a-half times.

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News•June 19, 2006

Oil Execs Defend High Gasoline Prices, Record Profits

WASHINGTON, D.C. --- During this week's “Meet the Press,” oil executives argued that the industry's record profits are required to maintain supply.

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