Federal fuel taxes should be boosted as much as 40 cents a gallon to finance highway, bridge and transit work, a panel created by Congress said Tuesday, Bloomberg reported.
January 15, 2008Business, Fuel
Oil Falls to Four-Week Low
Crude oil dipped below $90 a barrel Wednesday for the first time in four weeks, before rebounding to close at $90.84, Bloomberg reported.
January 16, 2008Government, Business, Safety, Fuel, Autonomous
EPA Completes Draft ‘Greenhouse’ Regs
The Environmental Protection Agency has completed its draft of new regulations to reduce greenhouse-gas emissions from cars and trucks, Bloomberg reported.
January 16, 2008Business, Fuel, Government
Panel Proposes 40-Cent Gas-Tax Boost
Fuel, Business, Logistics, Government
Diesel Drops a Nickel to $3.326
The national average price of retail diesel fuel declined 5 cents to $3.326 a gallon, the Department of Energy said Monday.
January 15, 2008Fuel, Business, Government
Drivers Reducing Miles from High Fuel Prices, Report Says
U.S. drivers are taking fewer highway trips, slowing down and bidding up the price of more fuel-efficient vehicles in response to a doubling of gasoline prices since 2003, according to a new government report, Bloomberg reported.
January 15, 2008Business, Fuel, Safety, Government, Logistics, Technology, Equipment, Autonomous
Panel to Back Fuel Tax Hike
The commission charged with examining the future of the national transportation system is set to recommend a significant increase in federal fuel taxes to Congress, according to wire service reports and other sources.
January 14, 2008Business, Fuel, Government
Diesel Rises Again; DOE Sees $3.40 Average Into Spring
Diesel fuel prices rose again last week, gaining 3.1 cents to $3.376 a gallon in the Department of Energy’s weekly average of filling stations. DOE said average gasoline prices increased 5.6 cents to $3.109.
January 14, 2008Business, Fuel, Government, Safety
Polar Air Cargo to Begin U.S.-Japan Flights
Polar Air Cargo Worldwide said Wednesday it will begin service to Japan, from Chicago, starting Feb. 21.
January 9, 2008Fuel, Business, Government
Diesel to Average $3.40 Through March, DOE Says
Monthly diesel fuel average prices will be at least $3.40 a gallon for the first three months of 2008 before tailing off later in the year to near $3, the Department of Energy said Tuesday.
January 8, 2008Fuel, Business, Logistics, Government
Diesel Rises 3.1¢ to $3.376
Diesel fuel’s national average pump price rose 3.1 cents from last week to $3.376 a gallon, while gasoline jumped 5.6 cents to $3.109, the Department of Energy said Monday.
January 7, 2008