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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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SOUTH PORTLAND, MAINE – Wright Express Corporation has reported financial results for the fourth quarter ended Dec. 31, 2005. Total revenues increased 28 percent to $64.4 million from $50.4 million for the fourth quarter of 2004.
Read More →WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline dropped 1.5 cents to hit 234.2 cents per gallon, as of Feb. 6.
Read More →WASHINGTON, D.C. --- The warmest January on record in the United States has helped total distillate fuel inventories, which include diesel fuel, increase at a time when they normally decline, according to the Energy Department.
Read More →CHICAGO -– Through a partnership with VeraSun Energy, Ford Motor Co. this year is helping further efforts to expand E85 ethanol fuel use in the Midwest.
Read More →SAN DIEGO --- Though hybrid powertrain design presents unique engineering challenges, advances in technology are clearing the way for further improvement.
Read More →RIVERSIDE, Calif. -– Riverside Mayor Ron Loveridge and city officials last week dedicated the first municipal hydrogen fueling station in Southern California's Inland Empire along with five hydrogen-powered Priuses.
Read More →CHICAGO -- General Motors announced the addition of 26 E-85 refueling pumps to stations in greater Chicago through partnerships with Shell Oil Products US and VeraSun Energy Corp.
Read More →DETROIT – DaimlerChrysler has approved the use of B-20 fuels in its Dodge Ram pickups for government, military, and commercial fleet customers, according to Brownfield. DaimlerChrysler's announcement comes at a time when the National Biodiesel Board (NBB) has initiated an $11 million project with the U.S. Department of Energy and major diesel engine manufacturers.
Read More →DETRIOT – GM's CEO Rick Wagoner confirmed that Cadillac would be getting an Escalade Hybrid for the 2008-model year.
Read More →WASHINGTON, D.C. – The Bush administration has released its budget proposal for fiscal year 2007, which begins Oct. 1, 2006. Allen Schaeffer, executive director of the Diesel Technology Forum, issued the following statement in response to the President's $50 million request for programs supported by the Diesel Emissions Reduction Act (DERA) – a bipartisan law authored by Sens. George Voinovich (R-OH) and Tom Carper (D-DE):
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