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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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Conoco will spend $146 million to improve the company’s Ponca City, OK, refinery to produce gasoline that meets the low-sulfur gasoline standards mandated by the Environmental Protection Agency (EPA) Tier 2 rules.
Read More →Figures released by the U.S. Department of Energy show the average retail price of a gallon of diesel fuel has dropped by one-tenth of a cent from the week of May 20, to $1.308. Prices have been dropping steadily, but slowly, since reaching their high of $1.323 in early April.
Read More →The average price of gasoline increased almost a penny per gallon, resulting in an average price of $1.397, according to the Energy Department. This is the first time in two weeks the price of U.S. gasoline has risen, although a recent Energy Information Administration (EIA) survey of more than 800 service stations reports the price is still 29 cents lower than a year ago.
Read More →A bill to reduce greenhouse gas emissions like carbon dioxide from vehicles has come to a standstill in the California Assembly. A number of legislators who initially supported the bill have changed their minds, and environmentalists acknowledge they are a few votes shy of sending the bill to the governor’s office.
Read More →World Fuels Today announced May 22 that, according to company spokeswoman Nicole Hodgeson, ChevronTexaco Corp. will discontinue the sale of gasoline containing MTBE in California.
Read More →In response to the new enhanced emissions testing requirements that took effect May 1, Jiffy Lube International has added new equipment at more than 100 of its service centers to test all vehicles impacted by the new mandate.
Read More →General Motors Corp. demonstrated a gasoline-fed fuel cell vehicle, a prototype that could lead the way for future uses in cars, homes, and businesses. The Chevrolet S-10 fuel cell pickup uses a fuel processor, which reforms low-sulfur gasoline to produce electricity for the vehicle.
Read More →The National Highway Traffic Safety Administration (NHTSA) may revise the technical and semantic definitions of cars and trucks over the next year. These decisions would affect rules about fuel economy and significantly impact the automotive industry.
Read More →Minnesota Attorney General Mike Hatch made a plea May 22 to the U.S. Federal Trade Commission urging them to block the merger between Conoco Inc. and Phillips Petroleum Corp.
Read More →National Processing Co. (NPC), a provider of merchant credit card processing and a wholly owned subsidiary of National Processing Inc., announced May 21 the signing of agreements with U.S. Bank Voyager Fleet Systems and Wright Express to enhance its fleet card processing capabilities.
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