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Oil Dips Thursday After Topping $73 on Storm Concerns

Crude oil saw its biggest gain of the month Wednesday on concern that Hurricane Dean could damage Gulf of Mexico platforms and on-shore refineries and pipelines, but the price rolled back in early trading Thursday, Bloomberg reported.

August 16, 2007

Diesel Drops 5.1¢ to $2.847

Diesel fuel’s national average pump price dropped 5.1 cents off an 11-month high to $2.847 a gallon, the Energy Department reported Monday.

August 14, 2007

Oregon Sets Biodiesel Mandate

Oregon has become the fifth state to enact a biodiesel requirement and the first to require strict testing of the fuel.

August 13, 2007

Oberstar Proposes Bridge Repair Fund

The chairman of the House Transportation Committee last week called for a special bridge-repair fund, following the Interstate 35W bridge collapse in Minneapolis, and said a temporary federal fuel tax increase was among the options to pay for it.

August 13, 2007

Oberstar Proposes Bridge Repair Fund, Says Fuel Tax Hike an Option to Pay for It

The chairman of the House Transportation Committee last week called for a special bridge-repair fund, following the Interstate 35W bridge collapse in Minneapolis, and said a temporary federal fuel tax increase was among the options to pay for it.

August 13, 2007

Oberstar Proposes Bridge Repair Fund, Says Fuel Tax Hike an Option to Pay for It

The chairman of the House Transportation Committee last week called for a special bridge-repair fund, following the Interstate 35W bridge collapse in Minneapolis, and said a temporary federal fuel tax increase was among the options to pay for it.

August 13, 2007

Atlas Air’s Second-Quarter Earnings Rise

Air cargo company Atlas Air Worldwide Holdings said Wednesday it earned $43.2 million or $2.01 a share in the second quarter, up from $10.7 million or 51 cents a year ago.

August 8, 2007

Senate Panel Gives EPA October Deadline to Rule on Calif. Carbon Emissions Request

Just weeks after Environmental Protection Agency Administrator Stephen Johnson said he would delay ruling on California’s nearly 2-year-old request for approval to limit vehicle emissions of greenhouse gases until the end of the year, a Senate committee passed a bill directing him to decide by October.

August 7, 2007

Diesel Rises 1.2 Cents to $2.898 a Gallon

The national average price of diesel fuel rose to its highest level this year, climbing 1.2 cents to $2.898 a gallon, the Department of Energy reported Monday.

August 7, 2007

Oil Closes at Record $78.21 a Barrel

Crude oil futures closed at a record $78.21 a barrel Tuesday, breaking the previous closing-price record of $77.03 set last summer, the Associated Press reported.

August 1, 2007