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WASHINGTON – The U.S. Energy Information Administration (EIA) adjusted its short-term outlook for retail gasoline prices downward for April through September.
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I have become so totally confused with the gas shortage that I thought it would be worth talking about. One day Simon simply says that the shortage is 'real'; the next day he puts off any possible rationing until May. Nader says "We are drowning in oil"; Simon says that the oil company profits will not be 'extremely high' as Senator Proxmire suggests.
Read More →The Lundberg survey of gasoline prices across the country showed almost no change in the price of gasoline over the last three weeks.
Read More →WASHINGTON, D.C. – Energy Secretary Sam Bodman told American motorists not to expect lower gasoline prices to follow quickly with this week's expected passage of the energy bill, reported Reuters.
Read More →BENTONVILLE, Ark. --- The nation's biggest retailer, Wal-Mart, is partnering with auto component supplier ArvinMeritor to develop a diesel-electric hybrid truck.
Read More →NEW YORK --- Crude oil prices again rose above $70 a barrel on Thursday, amid supply concerns over the coming hurricane and summer driving seasons, the AP reported.
Read More →PHILADELPHIA – Electric and natural gas utility PECO has added 15 new Ford Escape Hybrids to its fleet, bringing PECO's total number of Ford Escape Hybrids to 41, which is more than 40 percent of its overall SUV fleet.
Read More →WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline jumped by 13.8 cents per gallon between March 13 and March 20.
Read More →HAUPPAUGE, N.Y. – Odyne Corp., a developer of plug-in hybrid electric vehicle (PHEV) technology for trucks and buses, has announced an alliance with Strategic Bus Sales, Inc.
Read More →NEW YORK --- The price of crude-oil futures climbed as much as $2 a barrel Monday, June 2, as new U.S. manufacturing figures helped ease concerns over slowing demand for oil, MarketWatch reported. News that the hurricane season's first Atlantic storm missed key oil installations in the Gulf of Mexico kept price gains in check.
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