U.S. and European regulators are considering stricter rules on speculation in oil markets due to concerns that sharp rises in fuel prices could worsen the global recession, the Wall Street Journal reported Wednesday.
July 8, 2009Search
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Rule Won鈥檛 Require Overhaul of Braking Systems, Experts Say
The National Highway Traffic Safety Administration鈥檚 decision to cut the maximum allowed stopping distance for large trucks by 30% will increase truck buyers鈥 costs somewhat, but will not force a widespread shift to new technology such as air disc brakes, industry groups and manufacturers said.
August 3, 2009Standards Body Passes on 鈥楬ot鈥 Fuel Rule
Trucking groups hailed the decision by the National Conference on Weights and Measures not to proceed with proposals to regulate the temperature of retail fuel at the pump.
July 27, 2009Diesel Drops 4.6垄 to $2.496 in 4th Straight Weekly Decline
U.S. retail diesel prices dropped 4.6 cents last week to $2.496 a gallon, the Department of Energy reported 鈥 the fourth straight decline 鈥 but rising crude oil costs will soon lead to a reversal of that trend, a department analyst predicted.
July 27, 2009Navistar Finishes Field Tests On 2010 Engines After 18 Mos.
Navistar Inc. said it has completed 18 months of laboratory and field tests of its 鈥渁dvanced鈥 version of exhaust gas recirculation engine technology that will be used to meet 2010 federal emission requirements.
July 20, 200910% Cut in Truck Traffic Called 鈥楢lmost Ludicrous鈥
The idea of removing 10% of truck traffic from the nation鈥檚 highways by 2020 to reduce carbon emissions is 鈥渁lmost ludicrous,鈥 Ray Kuntz, former chairman of American Trucking Associations, told a Senate committee last week.
July 20, 2009Letters: Early Safety Adopted; Reregulation
Any trucking company that takes the leadership position in safety and in clean air is to be commended. But doing so through high-tech safety and Environmental Protection Agency ventures makes the outcome risky.
July 20, 2009Navistar: EPA Conspired With SCR Engine Makers
Truck and engine manufacturer Navistar Inc. has accused the Environmental Protection Agency of attempting to remove documents from official records and allowing the Engine Manufacturers Association to write the draft of its selective catalytic reduction guidance document for 2010 鈥渋n secret collaboration with certain engine makers.鈥
July 13, 2009EU Imposes Tariffs on U.S. Biodiesel Fuel
The European Union last week imposed tariffs on biodiesel imported from the United States to counter low prices it said were caused by subsidies, but a spokesman for the U.S. Trade Representative denied subsidies were the main reason for the growth of U.S. sales in Europe and that the United States would review the tariffs 鈥渃losely.鈥
July 13, 2009DeFazio Seeks to Tax Oil Futures Contracts
A leading Democrat on the House Transportation and Infrastructure Committee proposed taxing speculative oil trades to kill two birds with one stone: Boost highway funding and reduce the effect of speculation on fuel prices.
July 6, 2009