Senate Approves Oil, Gas Drilling Bill
WASHINGTON, D.C. --- In the face of rising gasoline prices, the Senate on Tuesday voted to open a large section of the Gulf of Mexico to oil and gas drilling.
WASHINGTON, D.C. --- In the face of rising gasoline prices, the Senate on Tuesday voted to open a large section of the Gulf of Mexico to oil and gas drilling.
ALPHARETTA, GA – LeasePlan USA, a vehicle leasing and fleet management solutions company, in conjunction with American Forests, which plants trees for environmental restoration, announce GreenPlan, a carbon neutralization program that allows companies to counterattack carbon emissions from their corporate fleet vehicles through tree planting.
COLUMBUS, IN – Cummins has reached an agreement with a major automotive manufacturer serving the North American market to produce and market a light-duty, diesel-powered engine.
TROY, MI – OnStar Vehicle Diagnostics enhancements, being phased in throughout the remainder of 2006, will include tire pressure monitoring, E-85 ethanol compatibility, enhanced vehicle emissions data, and oil-life monitoring predictions to provide subscribers with real-time information on how they can help reduce fuel consumption.
WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline increased by 1.4 cents last week to reach $3.003 per gallon as of July 24.
IRVING, Texas --- Thanks to high oil prices and global demand, combined with improved refining margins and new field production in Nigeria, Exxon Mobil reported a $10.36 billion profit in the second quarter.
SAN MATEO, Calif. --- Commercial Fueling Network (CFN), a leading fuel card processing company, has launched its new FleetWide program featuring a multi-network card that's accepted at 30,000 commercial fueling locations across North America.
WASHINGTON, D.C. --- The Energy Department said this week it expects gasoline prices to stay in the vicinity of $3 per gallon for much of the rest of the summer.
SAN RAMON, Calif. --- Chevron Products Co. has introduced two new premium synthetic transmission fluids designed specifically for the heavy-duty manual transmission market.
WASHINGTON, D.C. – Toyota Motor Corp. has hit the production limit — 60,000 — on vehicles eligible for a special tax credit designed to encourage more buyers to choose gas-electric hybrids. Toyota spokeswoman Martha Voss said that the automaker sold its 60,000th such vehicle in May.
GLOUCESTER, Va. --- Following a successful six-month pilot program, Virginia's Gloucester County School Division decided last week to convert all its vehicles to biodiesel fuel.
PORTLAND, Ore. --- Beginning July 2007, gas stations in Portland must ensure that their diesel contains at least 5 percent biodiesel and their gasoline contains at least 10 percent ethanol.
DEARBORN, Mich. --- Skyrocketing fuel prices continue to take their toll on the sale of big-ticket pickup trucks and sport utility vehicles.
WASHINGTON, D.C. --- Federal Reserve Chairman Ben Bernanke this week told a House Financial Services Committee that high energy prices are hurting the economy "in terms of real activity and in terms of inflation."
WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline increased by 1.6 cents last week to reach $2.989 per gallon as of July 17. That's 67.2 cents higher than last year, reported the Energy Department's Energy Information Administration (EIA).
WEX Inc. moved its headquarters to the waterfront of Portland, Maine, in March, as the company entered a growth phase that has included three acquisitions this year.
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