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October Fuel Trends Show Diverging Gasoline and Diesel Prices
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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.
Read More →ATLANTA — Georgia Gov. Sonny Perdue said he will sign an executive order Sept. 2 that will exempt consumers from state motor fuel taxes through the end of September to "relieve some of the financial burden" in the wake of Hurricane Katrina, according to the Associated Press.
Read More →PARIS — Europe will dip into its emergency stocks of gasoline to help the United States through an energy crisis that began when Hurricane Katrina smashed into Gulf coast refiners, EU governments said Sept. 2.
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