Oil finished the trading day Thursday at its lowest level since February, diving below $90聽a barrel as equities markets plunged, Bloomberg reported.
August 4, 2011Search
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Threat to End Federal Fuel Taxes Concerns Transportation Officials
Faced with the expiration in September of federal transportation taxes on gasoline and diesel fuel, highway advocates say they are increasingly worried that the anti-tax, anti-government rancor that characterized the debt ceiling battle could endanger the nation鈥檚 transportation system.
August 8, 2011TTSI to Purchase 100 Zero-Emission Class 8 Trucks
Vision Industries Corp. has announced that drayage and logistics company Total Transportation Services聽Inc. intends to purchase 100 of its zero-emission, hydrogen fuel聽cell-electric聽Class 8 trucks for about $27 million.
August 1, 2011Oil Rises From 2-Week Low Following Draft Debt-Ceiling Agreement
Oil rose nearly $2 from a two-week low Monday following signs that U.S. lawmakers were close to an agreement to raise America鈥檚 debt ceiling, Bloomberg reported.
August 1, 2011Diesel Dips 1.2垄 to $3.937 a Gallon; Gasoline Rises for Fifth Straight Week
Diesel declined for the first time in four weeks, dipping 1.2 cents to $3.937 a gallon, the Department of Energy said.
August 2, 2011ATA Joins Coalition to Defend 2010 Law That Curbs Excessive Oil Speculation
A coalition of oil users that includes American Trucking Associations recently urged congressional leaders to 鈥渇ully fund and defend鈥 rules in the new financial reform law designed to curb excessive speculation in oil futures.
August 1, 2011Diesel Fuel Price Average Reaches $3.949 After Third Straight Increase
U.S. retail diesel prices rose for the third consecutive week, increasing 2.6 cents a gallon to a national average of $3.949, the Department of Energy reported.
August 1, 2011Obama Sets 54.5-mpg Fuel-Efficiency Standard for Cars, Light Trucks by 2025
President Obama announced an agreement with 12 major automakers to boost fuel-economy standard for cars and light-duty trucks to 54.5 mpg by 2025, the Department of Transportation said.
July 29, 2011Canada Formally Issues Biodiesel Mandate
The Canadian government formally published a regulation July 20 mandating a 2% biodiesel blend in most provinces.
July 25, 2011Hino Trucks OK鈥檇 for B20 Biodiesel
Hino Trucks USA, Novi, Mich., said on July 12 its cabover trucks in Classes 4-5 and conventional trucks in Classes 6-7 have been approved to use up to B20 biodiesel.
July 25, 2011