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October Fuel Trends Show Diverging Gasoline and Diesel Prices
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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.
Read More →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.
Read More →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.
Read More →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.
Read More →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.
Read More →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.
Read More →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.
Read More →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.
Read More →WASHINGTON, D.C. --- During an appearance on NBC's “Meet the Press,” Energy Secretary Samuel W. Bodman said that the nation's oil price crisis stems from growing demand from such countries as China and India.
Read More →WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline increased by 13.1 cents last week, rising to $2.914 per gallon as of April 24, the Energy Department reported.
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