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NewsMay 9, 2006

Escape Hybrid Gets More Accolades as Ford Readies to Ramp up Program

DEARBORN, MI – Last year, the Ford Escape Hybrid earned the 2005 North American Truck of the Year award, and was named the 2006 Top SUV under $30,000 by AAA. The Mercury Mariner Hybrid was named the first-ever “2006 Green Car of the Year” by Green Car Journal.

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NewsMay 5, 2006

Global Demand, Limited Surplus Among Causes of Price Hikes

WASHINGTON, D.C. --- What factors have caused the price of West Texas Intermediate to climb from $20 to $30 per barrel in 2000-2002 to more than $70 per barrel in the past couple of weeks?

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NewsMay 5, 2006

Oil Prices Drop Thursday in New York Trading

NEW YORK --- Yesterday saw a drop in oil prices, after government data released on Wednesday showed a rebound in gasoline supplies as the country heads into the summer driving season.

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NewsMay 4, 2006

Average Retail Gasoline Prices Up Half a Penny

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline edged up half-a-cent last week to reach $2.919 per gallon as of May 1, the Energy Department reported. That's 68.4 cents per gallon higher than last year.

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NewsMay 4, 2006

House Bill Seeks to Punish Price Gougers

WASHINGTON, D.C. --- The House of Representatives on Wednesday approved a set of criminal penalties and fines of up to $150 million for energy companies found guilty of price gouging, the AP reported.

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NewsMay 2, 2006

Ryder Awarded Third-Party Logistics Contract with Lear Corp.

MIAMI – Ryder System, Inc., a global provider of supply chain, warehousing, and transportation management solutions, announced that Lear Corp., a supplier of automotive interior systems and components, has selected Ryder as its third-party logistics (3PL) provider for North America.

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NewsMay 2, 2006

DaimlerChrysler Testing Plug-In Hybrids

AUBURN HILLS, MI – Several companies will soon offer services and products for converting hybrid cars into plug-in hybrids that rely more heavily on electrical power and can get about 100 miles per gallon. Plug-in hybrids generally have larger battery packs than standard hybrids and smaller gas motors.

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NewsMay 2, 2006

Ford Motor Company Hybrid Sales Up 115 Percent as April Sets Best-Ever Sales Record

DEARBORN, MI – With gas prices on the minds of all drivers, hybrids are playing an increasing role in the marketplace, producing the best-ever monthly sales for Ford Motor Company's hybrid vehicles.

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NewsMay 2, 2006

GM, DaimlerChrysler, & BMW Premiere Hybrid Technology

VIENNA, AUSTRIA – General Motors Corp., DaimlerChrysler, and the BMW Group will begin production next year on their jointly developed, state-of-the-art hybrid system, representing an automotive industry milestone. This will be the first fully integrated combination of electric motors with a fixed-gear transmission, according to the automakers.

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NewsMay 2, 2006

Jeep to Join DaimlerChrysler 2007 Flexible-Fuel Lineup

WASHINGTON, D.C. – The Jeep Commander and Jeep Grand Cherokee, which are engineered to operate on ethanol fuel, will be available to U.S. customers as part of DaimlerChrysler's lineup of alternate-fuel vehicles in 2007.

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