Fuel

WASHINGTON — Volvo AB and Mack Trucks Inc. last week unveiled a hybrid prototype of a heavy-duty Mack construction truck and company officials said their diesel-electric power supply will cut fuel costs 30% for stop-and-go trucks and buses while running much cleaner.

Trucks operating in California would be required to meet tighter emission standards under a plan proposed by Gov. Arnold Schwarzenegger (R) to spend $3.1 billion in bond money to improve four key freight corridors.

Click here to write a Letter to the Editor. Once again, the great Environmental Protection Agency has brainwashed the public in the name of environmental protection. As a small fleet owner of longhaul flatbed equipment, our injectors and fuel systems are taking a beating in the name of conservation.

Crude oil prices plunged to below $50 a barrel Thursday following a Department of Energy report that showed stronger inventories of crude oil, gasoline and distillates, which include diesel.

The average national retail price of diesel fuel fell 7.4 cents to $2.463 a gallon, the Department of Energy reported Tuesday.

The Pennsylvania Turnpike Commission has come up with an alternative to privatizing the turnpike of putting tolls on other highways, the Associated Press reported.

A major challenge facing the trucking industry as it copes with tighter emission standards from the Environmental Protection Agency is choosing the right type of oil to ensure that engines continue to perform to their maximum capability.

Crude oil closed at below $52 a barrel Thursday for the first time in 19 months after a report showed that U.S. fuel consumption plunged to the lowest since April 2004, Bloomberg reported.

California Gov. Arnold Schwarzenegger (R) plans to ask state regulators to require the state’s petroleum refiners and gasoline sellers to cut greenhouse-gas emissions by 10%, the New York Times reported Wednesday.

Crude oil futures hit a 19-month low price, closing at $54.02 a barrel on the New York Mercantile Exchange Wednesday following a Department of Energy report showing strong heating-oil inventories, Bloomberg reported.