Oil rose more than $2 Wednesday to close above $56 a barrel — the highest price in almost six months — following an Energy Department report that showed a smaller-than-expected increase in stockpiles, Bloomberg reported.
May 6, 2009Government, Business, Safety, Fuel
Proposal Would Boost Biofuels, Set Emission-Reduction Targets
The Obama administration last week issued a renewable fuel standard proposal aimed at growing the supply of biofuels and for the first time requiring them to meet emission-reduction targets.
May 11, 2009Business, Fuel, Government
Oil Closes at 6-Month High Over $56 a Barrel
Fuel, Business, Logistics, Government
Diesel Falls 1.6¢ to $2.185
The national average price of diesel fuel fell for a third consecutive week, dropping 1.6 cents to $2.185, the Department of Energy said.
May 5, 2009Business, Fuel, Government
Minn.’s 5% Biodiesel Mandate Takes Effect
Minnesota has implemented its requirement mandating that all diesel sold in the state contain at least 5% biodiesel, the Associated Press reported.
May 5, 2009Government, Business, Safety, Fuel
Judge Blocks Calif. Owner-Operator Ban
A federal judge last week issued a preliminary injunction blocking many of the provisions in the clean trucks plans of the Ports of Los Angeles and Long Beach, including the controversial ban on independent drayage owner-operators at Los Angeles.
May 4, 2009Government, Business, Safety, Fuel
Calif. Demands 10% Carbon Cut in Transportation Fuels by 2020
California environmental regulators have approved a new standard that will require a 10% reduction in the carbon content of transportation fuels by 2020 and encourage a transition to nonpetroleum-based fuels.
May 4, 2009Government, Business, Safety, Fuel
Oil Rises to $51 a Barrel
Oil closed the trading day Wednesday near $51 a barrel on the New York Mercantile Exchange following an Energy Department report that showed gasoline inventories declined last week, Bloomberg reported.
April 29, 2009Fuel, Business, Logistics, Government
Diesel Drops 2¢ to $2.201
The national average price of diesel fuel fell for a second straight week, dropping 2 cents to $2.201 a gallon, the Department of Energy said Monday.
April 28, 2009Business, Fuel, Government
Navistar Says Trucks Qualify for More CARB Vouchers
Navistar International Corp. said Monday that it has received total hybrid vehicle certification from the California Air Resources Board, becoming the first truck and bus manufacturer to do so.
April 27, 2009Business, Fuel, Safety, Government
California Adopts Low-Carbon Fuel Standard
The California Air Resources Board has adopted a low-carbon fuel regulation that targets cutting greenhouse gas emissions from the state’s transportation fuels by 10% by the year 2020.
April 27, 2009