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WASHINGTON, D.C. --- Motor gasoline consumption in 2008 is projected to decline 320,000 barrels per day (bbl/d), or 3.4 percent, from 2007, according to the Short-Term Energy Outlook, released Dec. 9 by the Energy Information Administration (EIA).
Read More →NEW YORK --- The price of crude oil for March delivery rose to $100.01 a barrel in New York, buoyed by expectations that OPEC will opt to cut production when it meets March 5.
Read More →OLIVER TOWNSHIP, Mich. --- Huron Biofuels confirmed this month that the business is planning to build a facility that will produce 20 million gallons of biodiesel per year using 13 million bushels of soybeans.
Read More →DETROIT --- A summary of General Motors' contract with the United Auto Workers includes a mention of the automaker's plans to begin manufacturing its Chevrolet Volt in Hamtramck, Mich., in 2010, USA Today reported.
Read More →WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline this past week increased by 5.9 cents to hit a new high of $3.284 per gallon, up 70.7 cents above the price last year.
Read More →SOUTH PORTLAND, ME - Wright Express Corp. announced it officially completed its acquisition of Fleet One on Oct. 4 after receiving regulatory approval.
Read More →Green Star Products Inc. (GSPI), formerly BAT International Inc., announced August 20 that it has completed an independently verified test run of a high mileage "SuperCar" that achieved 99 miles per gallon.
Read More →HAUPPAUGE, N.Y. – Odyne Corp., a developer of plug-in hybrid-electric vehicle (PHEV) technology for trucks and buses, now has a strategic supplier agreement with Bosch Rexroth Corp. to provide preferred pricing and a steady supply of electric motors and drives for its plug-in hybrid-electric vehicle applications, as Odyne begins to ramp up production in 2007.
Read More →SOUTH PORTLAND, MAINE — Wright Express Corp. announced that Wright Express Fueling Solutions Inc. was recently issued a Private Letter Ruling by the United States IRS acknowledging Fueling Solutions as a qualified Ultimate Vendor in order to facilitate federal diesel excise tax exemptions on behalf of eligible tax-exempt fleet customers.
Read More →DEARBORN, MI – Demand for the Ford Escape Hybrid and the Mercury Mariner Hybrid is mounting as gas prices escalate and customers gain greater awareness of hybrid benefits.
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