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News•January 17, 2006

Mercury Mariner Hybrid Captures First “Green Car of the Year” Award

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.

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News•January 12, 2006

EIA Forecasts Regular Gasoline to Average $2.41 in '06

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.

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News•January 12, 2006

GM, Chevron Partner with California for E-85 Study

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.

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News•January 11, 2006

Ford Showcases 65-mpg Concept Car at Auto Show

DETROIT --- Ford Motor Co. is showcasing a small-car concept with a diesel-electric hybrid engine at the North American International Auto Show.

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News•January 11, 2006

Proposal Seeks to Change EPA Fuel-Economy Testing Methods

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.

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News•January 11, 2006

Supreme Court Considers Fuel Pricing Case

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.

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News•January 11, 2006

Average Retail Gasoline Prices Rise by 9 Cents

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.

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News•January 10, 2006

Travelers to Offer Hybrid Owners Across U.S. 10 Percent Discount on Auto Insurance

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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News•January 10, 2006

U.S. Bank Voyager Acquires Advent Business Systems, Inc.

HOUSTON – U.S. Bank Voyager Fleet Systems, a provider of fleet card payment services, has acquired Advent Business Systems, Inc., based in San Mateo, Calif.

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News•January 10, 2006

GM to Debut New Hybrid Models

DETROIT - At the North American International Auto Show, GM will unveil two gas-electric sport/utility vehicles: the Saturn Vue Green Line, which will retail for less than $23,000, making it the lowest-priced hybrid SUV on the market, and a Chevrolet Tahoe with a more sophisticated system that GM is developing with DaimlerChrysler AG and BMW AG.

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