SHARM el-SHEIKH, Egypt --- President George W. Bush on Saturday, May 17, argued for more domestic oil exploration and refining capacity and called Saudi Arabia's decision to raise oil output 300,000 barrels a day "not enough" to lower U.S. energy prices, Bloomberg reported.
NEW YORK --- Driven by the weakening of the U.S. dollar, crude oil for June delivery rose as much as $1.48 a barrel, or 1.2 percent, to $127.77 a barrel on the New York Mercantile Exchange today, Bloomberg reported.
TOKYO --- Automotive Energy Supply Corp. (AESC) announced it has begun full operations, focusing on the development and mass production of advanced lithium-ion batteries for a wide range of automotive applications -- from hybrids, electric vehicles to fuel-cell vehicles.
AUBURN HILLS, Mich. --- Chrysler LLC today extended to July 7 the Let's Refuel America $2.99 gas guarantee program, which offers customers the opportunity to lock in their gasoline purchases at $2.99 a gallon for three years, up to 36,000 miles.
WASHINGTON, D.C. – According to an informal GHSA survey of state highway safety agencies, only Wisconsin reports a noticeable trend of reduced speeds as a result of high gas prices.
WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline jumped to yet another all-time high, as the price increased by 10.9 cents to $3.722 per gallon.
AUBURN HILLS, Mich. --- Chrysler LLC has launched a gas price protection policy that shields vehicle buyers from the risk of further spikes in fuel prices.
NEW YORK --- Crude oil prices on Monday, May 12, stabilized a little on the New York Mercantile Exchange as the dollar posted gains against the euro and yen, UPI reported.
ARLINGTON, Va. --- American Trucking Associations State Vice President Mike Card last week called on Congress to support the trucking industry's efforts to reduce fuel consumption and address the escalating cost of fuel.
SEAL BEACH, Calif. --- Clean Energy Fuels Corp. has been awarded the contract to supply compressed natural gas (CNG) fuel and provide operations and maintenance for the CNG fueling station located near the base of the Golden Gate Bridge in the Presidio.
HOUSTON, Texas --- Waste Management Inc., the nation's largest trash collector, and the Linde Group, a major provider of natural gas, have unveiled plans to build a plant to purify and liquefy landfill gas for use as truck fuel.
LOS ANGELES --- Motorists can improve fuel efficiency by making the right choices when purchasing and caring for their tires.
SOUTHFIELD, Mich. --- Nationwide registrations for new hybrid vehicles rose to 350,289 registrations in 2007 -- a 38 percent increase from 2006, according to R. L. Polk & Co.
GOTHENBURG, Sweden --- Volvo Trucks is taking a major step toward commercialization of its hybrid technology for heavy vehicles by launching two hybrid garbage trucks that will be tested in Sweden by trash-collection firms Renova and Ragn-Sells.
WASHINGTON, D.C. --- For the sixth week in a row the U.S. average retail price for regular gasoline moved higher, according to a weekly report released Wednesday by the Energy Department.
WEX Inc. moved its headquarters to the waterfront of Portland, Maine, in March, as the company entered a growth phase that has included three acquisitions this year.
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