U.S. and European regulators are considering stricter rules on speculation in oil markets due to concerns that sharp rises in fuel prices could worsen the global recession, the Wall Street Journal reported Wednesday.
July 8, 2009Search
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Diesel Drops 4.6¢ to $2.496 in 4th Straight Weekly Decline
U.S. retail diesel prices dropped 4.6 cents last week to $2.496 a gallon, the Department of Energy reported — the fourth straight decline — but rising crude oil costs will soon lead to a reversal of that trend, a department analyst predicted.
July 27, 2009Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Navistar Finishes Field Tests On 2010 Engines After 18 Mos.
Navistar Inc. said it has completed 18 months of laboratory and field tests of its “advanced†version of exhaust gas recirculation engine technology that will be used to meet 2010 federal emission requirements.
July 20, 200910% Cut in Truck Traffic Called ‘Almost Ludicrous’
The idea of removing 10% of truck traffic from the nation’s highways by 2020 to reduce carbon emissions is “almost ludicrous,†Ray Kuntz, former chairman of American Trucking Associations, told a Senate committee last week.
July 20, 2009Letters: Early Safety Adopted; Reregulation
Any trucking company that takes the leadership position in safety and in clean air is to be commended. But doing so through high-tech safety and Environmental Protection Agency ventures makes the outcome risky.
July 20, 2009Navistar: EPA Conspired With SCR Engine Makers
Truck and engine manufacturer Navistar Inc. has accused the Environmental Protection Agency of attempting to remove documents from official records and allowing the Engine Manufacturers Association to write the draft of its selective catalytic reduction guidance document for 2010 “in secret collaboration with certain engine makers.â€
July 13, 2009EU Imposes Tariffs on U.S. Biodiesel Fuel
The European Union last week imposed tariffs on biodiesel imported from the United States to counter low prices it said were caused by subsidies, but a spokesman for the U.S. Trade Representative denied subsidies were the main reason for the growth of U.S. sales in Europe and that the United States would review the tariffs “closely.â€
July 13, 2009DeFazio Seeks to Tax Oil Futures Contracts
A leading Democrat on the House Transportation and Infrastructure Committee proposed taxing speculative oil trades to kill two birds with one stone: Boost highway funding and reduce the effect of speculation on fuel prices.
July 6, 2009EPA Grants Calif. Waiver on Greenhouse Gas Emissions
The Environmental Protection Agency has granted California permission to set its own standards on greenhouse gas emissions from cars and light trucks.
June 30, 2009’07 Engines Run Cleaner Than Federal Standards
Over-the-highway trucks and buses with 2007 engine technology ran nearly 90% cleaner than required by federal emission standards for diesel particulate matter, the key pollutant targeted that year, a recent study has found.
June 29, 2009