Diesel fuel jumped past the $3 mark Monday, gaining 6.8 cents to $3.032 a gallon, the Energy Department said following its weekly retail price survey.
September 25, 2007Business, Fuel
Volvo Urges Global Standard for Alternative Truck Fuels
BRUSSELS, Belgium — Truck manufacturer Volvo AB urged the world’s political leaders and energy producers to agree on global fuel standards that would allow truck makers to produce a new generation of cleaner-burning vehicles.
October 1, 2007Government, Business, Safety, Fuel, Technology, Equipment
Cummins Taps EGR for 2010 Engines
NASHVILLE, Tenn. — Cummins Inc. said it will not use selective catalytic reduction for its 2010 heavy-duty engines, making it the first manufacturer to reject the urea-based system widely used in Europe to cut emissions.
October 1, 2007Fuel, Business, Government
Diesel Jumps 6.8¢ to $3.032
Business, Fuel
Oil Dips Below $80 a Barrel
Crude oil futures fell for a third day as production in the Gulf of Mexico increased following a storm threat, Bloomberg reported Tuesday.
September 25, 2007Business, Fuel, Equipment
Cummins to Use EGR in 2010 Heavy-Duty Engines
Engine maker Cummins Inc. said its heavy-duty 2010 on-highway engines will use exhaust gas recirculation technology, and will not use selective catalytic reduction or nitrogen oxide aftertreatment.
September 24, 2007Business, Fuel
European Heavy-Duty Truck Sales Booming
Sharply contrasting with the U.S. drop, sales of heavy-duty trucks are booming in Europe as many fleets buy new models early to reap government incentives to adopt new emission technology before it becomes mandated.
September 24, 2007Business, Technology, Fuel
Crude Tops $83 in Latest Record
Crude oil hit a new closing record Thursday, its sixth in seven trading days, as a tropical depression formed in the Gulf of Mexico that was on track to make landfall near New Orleans, Bloomberg reported.
September 21, 2007Business, Fuel
FedEx Reports Higher Earnings; Cuts Forecast
FedEx Corp. Thursday reported a higher first-quarter profit from a year ago, but cut its full-year forecast by 4% due to overall economic volatility and high energy costs.
September 20, 2007Business, Fuel
Oil Rises Past $82 a Barrel
Crude oil futures continue to soar Wednesday, reaching a record $82.51 a barrel in early trading following a Department of Energy report that showed larger-than-expected inventory declines, Bloomberg reported.
September 19, 2007Fuel, Business, Logistics, Government
Diesel Jumps 4¢ to $2.964; Gas Falls 3.1¢ to $2.787
Diesel fuel’s national average price jumped 4 cents from last week to $2.964 a gallon, the Energy Department said Monday.
September 18, 2007