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News•May 23, 2002

U.S. Gasoline Prices on the Rise

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.

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News•May 23, 2002

California Bill to Curb Greenhouse Gas Emissions Gets Stuck in Assembly

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.

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News•May 23, 2002

ChevronTexaco Plans to Phase out California MBTE

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.

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News•May 23, 2002

New Emissions Testing to Take Place at Jiffy Lube Locations

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.

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News•May 23, 2002

GM Uses Gasoline in Fuel Cell Vehicle

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.

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News•May 23, 2002

NHTSA to Reevaluate Vehicle Classifications and Fuel Economy Rules

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.

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News•May 23, 2002

Minnesota Attorney General Wants FTC to Block Conoco, Phillips Merger

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.

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News•May 23, 2002

National Processing Co. Expanding Fleet Card Processing Capabilities With U.S. Bank Voyager Fleet Systems and Wright Express

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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News•May 23, 2002

FTC Requests More Information From Pennzoil-Quaker State Regarding Merger

Pennzoil-Quaker State has been asked for more information by the Federal Trade Commission (FTC) about their acquisition by Royal Dutch/Shell, specifically their activities in base oil and passenger car motor oil, according to a statement released by Pennzoil.

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News•May 23, 2002

Fuel Tax Increase Expected in Kansas

Gov. Bill Graves is “likely to sign” a bill that would raise the fuel tax in Kansas by 2 cents a gallon, according to the American Trucking Associations.

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