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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 – SUV and pickup truck owners – already stung by rising gasoline prices – are paying another penalty when it comes time to trade in or sell: falling resale values, according to the Detroit News.
Read More →SYRACUSE, NY – A new report from two leading universities says producing ethanol and biodiesel from corn and other crops is not worth the energy, reports PhysOrg.com.
Read More →SPARKS, MD — PHH Arval has developed two new services to help organizations manage fuel and maintenance costs when they operate one or more onsite facilities and also use retail facilities.
Read More →WASHINGTON, D.C. — During the recent debate on the Energy Bill, the U.S. Senate approved an amendment that would make grants and loans available to states and other organizations for reducing emissions from diesel engines.
Read More →WASHINGTON, D.C. — The U.S. Senate has completed its work on S.10, the Energy Policy Act of 2005, according to the National Association of Fleet Administrators (NAFA).
Read More →DUNCAN, SC — TCI Tire Centers Commercial Division and Wright Express Corp. announced the introduction of a new branded fleet fuel card, called the Wright Express Affinity Card, for TCI customers requiring a one-card fueling solution.
Read More →TORRANCE, CA — Toyota Motor Sales is on track to hit its sales goal of 100,000 gasoline-electric hybrid vehicles in 2005, said Dave Hermance, executive engineer of Environmental Engineering, Toyota Technical Center U.S.A, as reported by Automotive News.
Read More →HARTFORD, CT — The Connecticut General Assembly passed a transportation bill that includes provisions for raising the state's tax on gross earnings derived from the sale of petroleum products. The first increase took effect July 1 and will cost consumers roughly an extra penny per gallon.
Read More →NEW YORK — The New York City Council passed, by a 50-to-0 vote, the Clean Air Taxis Act, which allows for the use of energy-efficient SUV hybrids as a standard vehicle for taxis, according to www.forbes.com.
Read More →LOS ANGELES — Marking a historic achievement in the advancement of future transportation technology, American Honda Motor Co., Inc., has leased of its revolutionary FCX, an advanced hydrogen-powered fuel cell vehicle, to the world's first individual customers, Jon and Sandy Spallino of Redondo Beach, Calif.
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