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News•February 2, 2006

Gasoline Prices Rise an Average of 2.1 Cents

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline climbed 2.1 cents to reach 235.7 cents per gallon Jan. 30, according to the Energy Department.

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News•February 2, 2006

Bush Calls for More Research in Hybrid-Electric Batteries, Ethanol

WASHINGTON, D. C. --- In his State of the Union address Tuesday, President Bush proposed a 22 percent increase in clean energy research that would include projects to develop hydrogen-powered vehicles, better batteries for hybrid-electric cars, and more efficient forms of ethanol fuel.

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News•February 2, 2006

Calif. Voters May Consider Alt-Fuel Initiative in Nov.

SACRAMENTO, Calif. --- Backers of a new California ballot initiative campaign hope to fund a variety of alternative energy programs with a new tax on oil drilled in the state.

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News•February 2, 2006

Survey Examines Consumer Response to Higher Prices at the Pump

TUSTIN, Calif. --- A survey conducted by AutoPacific's VehicleVoice confirms that many consumers are paying more for gasoline now than they did a month ago, and they expect to pay an additional 25 to 30 cents more per gallon a year from now.

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News•February 2, 2006

Sanyo, VW to Develop Hybrid Battery Systems

TOKYO, Japan --- Sanyo Electric Co. Ltd. and German automaker Volkswagen AG have agreed to codevelop next-generation nickel metal hydride (Ni-MH) battery systems for hybrid-electric vehicles.

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News•February 2, 2006

Specter Vows to Examine Oil Industry Pricing

WASHINGTON, D.C. --- Sen. Arlen Specter (R-Pa.), chairman of the Senate Judiciary Committee, said yesterday that Congress would examine more closely the relationship between rising fuel prices and the oil industry's record profits, according to Reuters.

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News•by Staff•January 30, 2006

U.S. Senators Urge Treasury Action on Alt Fuels

WASHINGTON, D.C. – A letter of concern has been sent to the U.S. Treasury Department by a bipartisan group of U.S. senators who are calling for guidance in the area of alternative-fuels policy.

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News•January 30, 2006

Ford Showing World's First Ethanol-Fueled Hybrid at D.C. Auto Show

DEARBORN, MI – Ford Motor Company is developing a new research vehicle that combines hybrid-electric power and flexible-fuel capability. Unveiled at the D.C. Auto Show, the Ford Escape Hybrid E-85 aims to help reduce U.S. dependence on imported oil while also reducing greenhouse gas emissions.

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News•January 30, 2006

Iowa Truckers Want Standards for Biodiesel

DES MOINES, IOWA – Representatives from Iowa's trucking industry has asked lawmakers to establish standards for biodiesel after severe quality problems occurred in other states.

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News•January 26, 2006

Ford Spotlights Escape Hybrid E85 at Auto Show

WASHINGTON, D.C. --- At the Washington Auto Show, Ford unveiled the Ford Escape Hybrid E85, a research vehicle marrying two petroleum-saving technologies --- hybrid electric power and flexible-fuel capability.

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