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News•January 26, 2006

Coalition Urges Automakers to Produce Plug-In Hybrids

WASHINGTON, D.C. --- A grassroots coalition of cities, including Los Angeles and Seattle, kicked off a nationwide campaign this week to urge automakers to accelerate development of plug-in hybrid vehicles.

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News•January 26, 2006

Washington State Considers Bolstering Role of Biofuel

OLYMPIA, Wash. --- Washington state legislators are considering bills proposing loans and tax breaks to the alternative-fuel industry and requiring oil companies to include Washington-produced vegetable fuels in their products, according to a report in the Seattle Post Intelligencer Reporter.

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News•January 26, 2006

Study: Cellulosic Ethanol More Beneficial than Corn Ethanol

BERKELEY, Calif. --- A study released today by University of California at Berkeley researchers refutes the longstanding argument that making ethanol for gasoline consumes more energy than it creates, according to a report in the Los Angeles Times.

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News•January 25, 2006

U.S. Gasoline Prices Up Average of 1.6 Cents

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline rose 1.6 cents to reach 233.6 cents per gallon as of Jan. 23, according to the Energy Department. That's 48.3 cents higher than last year.

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News•by Staff•January 24, 2006

DaimlerChrysler Expands Use of Biodiesel Fuel in Dodge Ram Pickup Trucks

AUBURN HILLS, MI – DaimlerChrysler has expanded the use of biodiesel fuel by approving use of B-20 in Dodge Ram pickup trucks effective with the 2007-model year.

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News•January 24, 2006

Consortium Orders 157 GM Hybrid-Powered Buses

DETROIT – A hybrid bus consortium consisting of 11 transit agencies in California, Nevada, and New Mexico has awarded a contract to Gillig Corp. for the purchase of up to 157 diesel-electric hybrid buses powered by General Motors' advanced hybrid propulsion system.

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News•January 24, 2006

Wright Express Extends Its Existing Fuel-Price Risk Management Program Through 1Q 2008

SOUTH PORTLAND, ME – Wright Express Corp. has extended its existing fuel-price risk program through the first quarter of 2008. The company initially began executing on its current program in July 2005.

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News•January 20, 2006

U.S. Oil Demand Drops Due to Tight Markets, Hurricanes

WASHINGTON, D.C. --- Higher oil prices, arising from tight global crude oil markets and Gulf Coast hurricane damage, led to lower U.S. demand and record product imports in 2005, the American Petroleum Institute reported in its monthly statistical report.

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News•January 20, 2006

AAA Report Highlights Gas Price Hikes in Illinois

AURORA, Ill. --- AAA Chicago's most recent Fuel Gauge Report estimates that in Illinois regular unleaded gasoline has increased 18 cents over the past month. The Auto Club forecasts an average cost of $2.39 per gallon for the month of January --- up 54 cents per gallon from last year.

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News•January 19, 2006

Retail Gasoline Prices Dip

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline edged down 0.7 cent to 232.0 cents per gallon as of Jan. 16 -- 50.1 cents higher than last year, according to the Energy Department.

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