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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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DETROIT – For the first time in 20 years, the Environmental Protection Agency (EPA) has unveiled a proposal to change the way it calculates fuel economy ratings for cars and trucks so that automobile window stickers reflect real-world driving.
Read More →DETROIT – Automakers are predicting that, now that diesel is getting cleaner, diesel sales will see growth. Diesels are 30 percent more efficient than gas engines, and unlike gas-electric hybrids, which get better fuel economy in city driving, diesels are equally efficient on the highway.
Read More →LOS ANGELES – The Mercury Mariner Hybrid has become the first vehicle to be honored by Green Car Journal as the “Green Car of the Year.” The Mercury Mariner Hybrid received the “2006 Green Car of the Year” award at the recent 2006 Los Angeles Auto Show.
Read More →WASHINGTON, D.C. --- A new report from the Energy Department projects that U.S. domestic energy demand in 2006 and 2007 will increase at an annual rate of about 1.4 percent each year, resulting in continued market tightness and high prices for oil and natural gas.
Read More →LOS ANGELES --- General Motors is working with the state of California, Chevron Technology Ventures, and Pacific Ethanol on a project aimed at learning more about potential consumer demand for E-85 as a motor vehicle fuel. The fuel will be used in GM's flexible-fuel vehicles.
Read More →DETROIT --- Ford Motor Co. is showcasing a small-car concept with a diesel-electric hybrid engine at the North American International Auto Show.
Read More →WASHINGTON, D.C. --- Federal regulators this week proposed a new way to measure fuel economy in cars and trucks, in hopes of bringing estimates more in line with real-world everyday driving experience.
Read More →WASHINGTON, D.C. --- The U.S. Supreme Court on Tuesday heard arguments from an attorney representing 23,000 gasoline distributors, alleging that Texaco and Shell Oil violated anti-trust laws and fixed prices through joint ventures in the late 1990s. The joint ventures are now defunct.
Read More →WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline climbed 8.9 cents to 232.7 cents per gallon as of Jan. 9, which is 53.4 cents higher than last year.
Read More →HARTFORD, CT – Travelers personal lines, a member of St. Paul Travelers, plans to implement a 10 percent discount on auto insurance to hybrid vehicle owners in the United States beginning in February 2006. Travelers is the first auto insurance company to begin implementing a discount for hybrid owners nationwide.
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