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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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MEMPHIS, TN — FedEx Corp. has temporarily frozen its freight fuel surcharge to help customers hit by volatile prices following Hurricane Katrina.
Read More →SACRAMENTO, CA — Sacramento Municipal Utility District (SMUD) has significant experience with electric power and will be expanding that experience to fuel cells with two DaimlerChrysler F-Cell passenger cars. Through daily use, the F-Cells will supply DaimlerChrysler and SMUD with operational experience and technical data that will help improve the next generation of fuel-cell vehicles.
Read More →LOS ANGELES — The Lundberg Survey has reported that damage to Gulf Coast refineries and pipelines by Hurricane Katrina pushed retail gas prices to historic highs in the past two weeks, with self-serve regular averaging more than $3 a gallon for the first time ever.
Read More →WASHINGTON, D.C. — In response to the sharp jump in gas prices, the Internal Revenue Service is raising the standard mileage reimbursement rate by eight cents to 48.5 cents a mile, the single-largest increase ever.
Read More →SAN FRANCISCO — Ford Motor Co., Honda Motor Co., and Toyota Motor Corp. unveiled their latest hybrid technology at the first national convention of the Sierra Club, “the world's largest showcase of hybrid cars,” according to the Associated Press. The hybrids run on a combination of gasoline and electricity.
Read More →BRENTWOOD, TN — Comdata Corp. has completed a marketing agreement with Fiscal Systems to market Fiscal's Trav Star 1 system, a comprehensive, POS, and back-office system.
Read More →AUBURN HILLS, MI – Just a few simple tips can help owners of Chrysler Group engines with Multi-Displacement System (MDS) get the most fuel mileage possible from their 5.7L HEMI V-8 engine.
Read More →NEW YORK — The U.S. Environmental Protection Agency (EPA) has announced a temporary easing of fuel regulations for states hit by Hurricane Katrina, in order to prevent gasoline and diesel shortages, according to a Reuters report.
Read More →WASHINGTON, D.C. — White House Economic Adviser Ben Bernanke said that U.S. gasoline prices will likely rise further because of system disruptions following Hurricane Katrina, but will drop when supply lines return to normal, according to Reuters.
Read More →AUBURN HILLS, MI – As fuel prices climb, Chrysler Group passes along tips to help customers maximize the fuel economy of their vehicles.
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