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NEWARK, N.J. --- Amerada Hess Corp. has voluntarily settled a lawsuit, filed in September by the New Jersey Attorney General's Office, that alleged the company violated state consumer laws when it dramatically raised gas prices after Hurricane Katrina.
Read More →DETROIT --- U.S. automakers are investing in Johnson Controls Inc. to develop a more advanced hybrid battery for domestic vehicles by 2010, according to the Detroit Free Press.
Read More →WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline for January 1 decreased 0.7 cent to $2.334 per gallon, according to the Energy Department's weekly report from the Energy Information Administration (EIA).
Read More →MILWAUKEE --- North American Biodiesel LLC plans to build a $1.3 million, 14,000-square-foot biodiesel production facility in Butler, Wis.
Read More →WASHINGTON --- With new clean diesel heavy-duty engines set to roll off of assembly lines nationwide this year, the diesel industry is ushering in a new era.
Read More →WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline gained 3.5 cents to reach $2.366 per gallon as of March 13.
Read More →HOUSTON --- The two largest publicly traded oil companies --- Exxon Mobil and Royal Dutch Shell --- last week reported record annual profits in 2006. They made $180 million a day between them.
Read More →WASHINGTON, D.C. --- After a one-week respite, the U.S. average retail price for regular gasoline increased to a new record high, moving up 1.6 cents to $4.095 per gallon, according to the Energy Department's latest weekly report issued July 2.
Read More →WASHINGTON, D.C. --- For the first time since June 30, the U.S. average retail diesel price dropped, according to a Department of Energy report released July 23.
Read More →WASHINGTON, D.C. --- For the eighth week in a row, diesel prices dropped in all regions of the U.S., the Energy Department reported Sept. 10.
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