Gasoline Prices Rise an Average of 2.1 Cents

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline climbed 2.1 cents to reach 235.7 cents per gallon Jan. 30, according to the Energy Department.

Europe to Send Emergency Oil to U.S.

PARIS — Europe will dip into its emergency stocks of gasoline to help the United States through an energy crisis that began when Hurricane Katrina smashed into Gulf coast refiners, EU governments said Sept. 2.

Wright Express Chairman, President and CEO Honored by Maine Development Foundation

SOUTH PORTLAND, ME - Wright Express Corporation announced its chairman, president and CEO, Michael E. Dubyak, was selected by the Maine Development Foundation as the 2012 “Champion of Education, Training and Leadership Development.”

GM Ventures Invests in Company Developing Lightweight Steel

DETROIT – General Motors Ventures LLC, a subsidiary created by the automaker, has invested in The NanoSteel Company, which has created a new lightweight steel technology

U.S. EIA Says Crude Oil Imports Hit Lowest Level in 12 Years in 2011

WASHINGTON – The U.S. Energy Information Administration recently reported that U.S. crude oil imports fell to their lowest level in 12 years in 2011 and was down 12% from its peak level in 2005.

Volvo to Produce Hybrid Diesel Truck Engines by 2009

STOCKHOLM, SWEDEN – Volvo has plans to begin mass production of a hybrid diesel-electric truck engine in 2009.

BP Unveils Chicago's Gas Station of the Future

BP on May 14, 2002 unveiled its new concept in convenience retailing — BP Connect. Located at corner of Roosevelt and Wabash in downtown Chicago, the new BP Connect store represents the state-of-the-art in fueling and convenience shopping. It also marks the start of a $25 million investment BP is making in new retail sites in Chicago.

North America's Largest Work Truck Event to Showcase New Products, Hybrid Technology, & Training

Biofuel Startups Attract Support from Venture Capital Firms

NEW YORK --- In the first three quarters of 2006, venture capital firms invested $536 million in biofuel and other energy ventures, according to Gannett News Service.