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Drivers are finally getting some relief at the pump. The national average gas price has dropped below $4 a gallon for the first time in months, with prices falling in 47 states as oil markets react to developments in U.S.-Iran negotiations.
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TOKYO – Toyota plans to introduce hybrid technology across its entire lineup, according to an AP news report. The manufacturer has a target goal of 1 million hybrids sold globally by 2012.
Read More →TORRANCE, CA – Lexus will unveil its all-new LS luxury hybrid sedan at the New York International Automobile Show. According to Toyota, Lexus' hybrid version of the upcoming model-year 2007 LS sedan will introduce new standards in styling, engineering, technology, safety, and performance.
Read More →DES MOINES, IOWA – The Iowa House has passed a bill that would raise the state tax on gas that does not contain ethanol if Iowa does not reach the goal of having ethanol account for 25 percent of the fuel sold in Iowa by 2025.
Read More →BANDON, OR – As interest in fuel economy and global warming increases, so does research into alternative-fuel vehicles. One such research project by CNW Marketing Research Inc., which took place over the span of two years, collected data on the energy necessary to plan, build, sell, drive, and dispose of a vehicle from initial concept to scrappage.
Read More →AUBURN HILLS, MI – As part of a test program, DaimlerChrysler will place up to 40 Dodge Sprinter Plug-in Hybrid Electric Vehicles (PHEV) with customers in California, Kansas City, and New York, among other locations within the United States.
Read More →SAN RAMON, CA - Chevron Products Company, a provider of engine oils, lubricants, coolants, and related services, launched its new CJ-4 engine oil. Chevron will offer both a CJ-4 and a CI-4 Plus version of its Delo and Ursa branded oils based on customer feedback and expected market demand.
Read More →WASHINGTON, D.C. – The U.S. Environmental Protection Agency (EPA) has finalized minor amendments to new rules for diesel engines in passenger cars and light trucks. The rules make it easier for manufacturers to comply with tougher emission standards during a transition period.
Read More →SAN FRANCISCO – Following an earlier ruling March 6 finding the U.S. Department of Energy (DOE) in violation of its obligations under the Energy Policy Act of 1992, District Court Judge William Alsup on March 30 rejected further government delay and ordered the DOE to finally come into compliance with the Act within two years, by mandating a plan for significant federal purchases of alternative fuels vehicles (AFVs).
Read More →NEW YORK --- Concerns over Iran's nuclear ambitions and potential sanctions, coupled with worries about gasoline supplies, caused crude oil futures to rise Thursday, according to BusinessWeek Online.
Read More →WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline fell 0.6 cent last week, dropping to $2.498 per gallon as of March 27. That's 34.5 cents higher than last year, reported the Energy Department's Energy Information Administration (EIA).
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