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News•December 15, 2005

Government Raises Long-Term Oil Price Forecasts

WASHINGTON D.C. --- The Energy Department this week adjusted its long-term forecasts for crude oil prices, in light of expected trends affecting future energy supply and demand.

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News•December 15, 2005

Survey: $3-Plus Per Gallon Gas Is Tipping Point for Many Consumers

CHICAGO --- More than 70 percent of consumers said gasoline prices would have to rise higher than $3 a gallon before they would be motivated to replace their current vehicle with a more fuel-efficient alternative, according to a recent cars.com survey.

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News•December 15, 2005

ConocoPhillips to Acquire Burlington Resources

NEW YORK --- ConocoPhillips Co. has agreed to acquire Burlington Resources Inc. for about $35.6 billion in cash and stock, the Wall Street Journal reported on Dec. 13. ConocoPhillips will also reportedly assume more than $1 million in Burlington Resources debt.

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News•December 15, 2005

Pa. Governor Pushes for Alt-Fuel Production Using State's Coal Waste

INDIANA, Pa. --- During a speech before the Indiana County Chamber of Commerce, Pennsylvania Gov. Ed Rendell last week argued for turning coal waste into alternative fuels, Pittsburgh Live reported.

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News•December 15, 2005

FedEx Hybrid Fleet Honored

PASADENA, Calif. ---- CALSTART, a leading transportation technology consortium, announced that FedEx Express and Environmental Defense have won the organization's Blue Sky Award in recognition of their commercial use of hybrid trucks.

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News•December 15, 2005

Florida School District Switches Fleet to Biodiesel

BRADENTON, Fla. --- The Manatee County School District is now using biodiesel to power its bus fleet and other district vehicles -- a reflection of growing interest in the alternative fuel.

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News•December 13, 2005

2006 Clean Heavy Duty Vehicle Conference to Address the Future of Clean, Fuel-Efficient Transportation

PASADENA, CA – The Clean Heavy Duty Vehicle Conference 2006: Clean Technologies and Fuels - Are We There Yet? two-day seminar, held Feb. 22-24, 2006, at the Hilton San Diego Resort, will address the move to a cleaner, more fuel efficient and secure transportation energy future.

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News•December 8, 2005

High-Tech Dashboard Displays Gas Prices

SALT LAKE CITY --- A new dashboard system, developed by Corda Technologies Inc., tracks and dislays national gas prices.

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News•December 8, 2005

Senate Bill Offers Healthcare Savings for Automaker Fuel Efficiency

WASHINGTON D.C. --- Sen. Barack Obama (D-Ill.) recently introduced legislation that calls for the federal government to assume some of the domestic automakers' healthcare expenses for retirees, in exchange for accelerated production of fuel-efficient vehicles.

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News•December 8, 2005

Survey: 22% of SUV Owners Plan to Buy Different Vehicle Class

TUSTIN, Calif. --- With gas prices remaining higher than last year, a new survey confirms that many consumers plan to change the type of vehicle they drive.

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