About Fuel News...
Government, Business, Fuel

Oil Rises to Near $95 a Barrel

Frank Polich/Bloomberg News

Oil prices rose to near $95 a barrel early Wednesday on forecasts that crude inventories will continue to decline, the Associated Press reported.

December 26, 2007
Government, Business, Safety, Fuel

EU Seeking Truck Emissions Cuts

European truck makers would have to cut urban air pollution in the European Union as much as 80% under new draft EU rules that would move Europe closer to U.S. standards, Bloomberg reported Friday.

December 21, 2007
Government, Business, Safety, Logistics, Fuel

Bush Backs EPA on California Waiver Denial

President Bush defended the Environmental Protection Agency’s decision to reject California’s plan to regulate greenhouse gas emissions from automobiles, saying that a national strategy toward climate change is more effective than a state-by-state approach, the Los Angeles Times reported.

December 20, 2007
Fuel, Business, Logistics

UP Lowers Fourth-Quarter Earnings Forecast

Union Pacific Corp. cut its earnings forecast for the fourth quarter, citing higher diesel fuel costs and a delay in recovering its fuel surcharges.

December 19, 2007
Fuel, Business

Bush Signs Energy Legislation Into Law

Larry Smith/Trans Pixs

President Bush signed into law Wednesday legislation that will require wider use of alternative fuels, calling it a major step toward energy independence, the Associated Press reported.

December 19, 2007
Fuel, Business, Government

Diesel Falls 1.6¢ to $3.309

Bruce Harmon/Trans Pixs

The average pump price of diesel fuel fell 1.6 cents to $3.309 a gallon, the Department of Energy said Monday.

December 18, 2007
Government, Business, Fuel, Safety

Long Beach Approves Cargo Fee

Larry Smith/Trans Pixs

The Port of Long Beach, Calif., Harbor Commission approved a $1.6 billion tax on cargo Monday to combat air pollution and clear the way for expansion projects, the Los Angeles Times reported.

December 18, 2007
Business, Government, Fuel

Senate OKs Energy Legislation; Includes Truck Mileage Study

After two failed attempts, the Senate late on Dec. 13 passed an energy bill that includes the potential start of a program to increase heavy-duty truck mileage.

December 17, 2007
Government, Business, Safety, Fuel

Diesel Average Drops 9.1¢ To $3.325

Retail diesel posted its largest weekly decline of 2007, falling 9.1 cents to $3.325 a gallon following recent inventory gains and lower crude oil prices, the Department of Energy reported.

December 17, 2007
Business, Government, Safety, Fuel

Letters to the Editor: Port Restrictions, Biodiesel, HOS

Restricting older trucks in the ports seems to be restricting trade. If these trucks are legal to use in the state of California, they should be allowed in the ports.

December 17, 2007