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Editorial: A Fueling Alternative

Retail fuel prices skyrocketed again last week, with diesel jumping 18.2 cents a gallon to a national average of $4.331, the biggest one-week increase since October 2005 and more than 15 cents more than the last record.

May 19, 2008

Diesel Jumps 16.6¢ to $4.497

The average price of diesel fuel jumped another 16.6 cents to a record $4.497 a gallon, the Energy Department said Monday.

May 20, 2008

Fuel Prices Skyrocket

Retail fuel prices around the nation soared last week, setting new records for diesel and gasoline, according to the Department of Energy’s weekly survey of filling stations.

May 19, 2008

UPS Places Large Order for Alternative-Fuel Trucks

UPS Inc. last week announced a major increase in its investment in alternative-fuel vehicles, saying it has ordered 200 diesel-electric hybrid delivery vans and 300 vans powered by compressed natural gas.

May 19, 2008

Rendell Says He’s Close to Deal to Lease Pennsylvania Turnpike

With the fate of a proposal to toll Interstate 80 still up in the air, Pennsylvania Gov. Ed Rendell (D) said his administration was close to finishing a plan to privatize the 524-mile Pennsylvania Turnpike, last week taking bids from investors that could provide the state about $12 billion.

May 19, 2008

Crude Sets Record Near $128; DOE Suspends SPR Shipments

Oil prices reached a new record Friday near $128 a barrel and the Department of Energy said it would suspend shipments to nation’s Strategic Petroleum Reserve, the Associated Press reported.

May 16, 2008

Oil Price Falls Following DOE Report

Oil prices fell more than $1 a barrel Wednesday following an Energy Department report that showed inventories improved last week, and both the House and Senate voted to suspend crude shipments to the nation’s Strategic Petroleum Reserve, Bloomberg reported.

May 14, 2008

UPS Orders 200 Hybrid, 300 New CNG Trucks

UPS Inc. said Tuesday it has ordered 200 hybrid electric vehicles for its U.S. delivery fleet, which it said was the largest commercial order of such trucks by any company.

May 13, 2008

Import Goods Prices Rise 1.8%

The price of goods imported to the United States rose 1.8% in April, led by fuel cost increases, the Labor Department said Tuesday.

May 13, 2008

Oil Hits Intraday Record, Near $127 a Barrel

Crude oil hit a new intraday record Tuesday near $127 a barrel, and heating oil futures also hit a record, Bloomberg reported.

May 13, 2008