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Latest Fuel And Economy Industry News Headlines
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Fuel Prices Climb Sharply in March
March 2007
AURORA, Ill., March 13 /PRNewswire/ -- Statewide averages for the price of gasoline in Illinois and northern Indiana have crept back up since last month's substantial decline. AAA Chicago's most recent Fuel Gauge Report estimates that in Illinois, regular... -
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Light Truck Owners Group Cautions against Unreasonable Increases in Federal Fuel Economy Standards
March 2007
WASHINGTON, March 13 /PRNewswire-USNewswire/ -- With the Subcommittee on Energy and Air Quality in the U.S. House of Representatives set to hold hearings on Wednesday, March 14 that could lead to substantial increases in federal fuel economy standards, th... -
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OPEC Daily Basket Price Stood at $57.25 a Barrel Tuesday, March 13, 2007
March 2007
Vienna, Wednesday, 14 March 2007 -- The price of OPEC basket of eleven crude oils stood at 57.25 dollars a barrel on Tuesday, compared with 57.27 dollars the previous day, according to OPEC (Organization of the Petroleum Exporting Countries) Secretariat c... -
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OPEC Daily Basket Price Stood at $57.27 a Barrel Monday, March 12, 2007
March 2007
Vienna, Tuesday, 13 March 2007 -- The price of OPEC basket of eleven crudes stood at 57.27 dollars a barrel on Monday, compared with 58.20 dollars the previous Friday, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes ... -
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GBRC Patent Pending Technology Converts Unusable Automobile Parts Into Oil and Gas
March 2007
WEST BERLIN, N.J., March 7 /PRNewswire-FirstCall/ -- Global Resource Corp. (BULLETIN BOARD: GBRC) announced today that its microwave technology has converted samples of automobile fluff (ASR) into gases and/or diesel fuel and heating oil. Automobil... -
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This Week in Petroleum: Punxsutawney Phil Was Wrong
March 2007
March 7, 2007 -- For the past several years, the first February edition of This Week In Petroleum (TWIP) issued after Groundhog Day has reflected on the energy market implications of the weather forecast that is, by tradition, based on Punxsutawney Phil’s... -
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Shell Oil Shows Consumers All Gasolines Are Not the Same
March 2007
HOUSTON, March 5 /PRNewswire/ -- Today Shell Oil Products US launched a $35 million integrated marketing campaign to let motorists know that "All Gasolines are not the Same." The campaign entitled "Shell Passionate Experts" revolves around the company's p... -
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Phyre Technologies Announces Fuel De-Oxygenation System Agreement
March 2007
SAN DIEGO, March 6 /PRNewswire/ -- San Diego based Phyre Technologies, Inc., maker of fuel thermal stabilization and fuel tank fire prevention systems, today announced an eighteen-month agreement with Rolls-Royce North American Technologies Inc. -- also k... -
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Oil, Gas Industry Agrees to Work with EPA in Solving Environmental Problems
March 2007
Washington, D.C. - March 2, 2007 -- The oil and gas exploration and refining industry has become the 13th industry to join EPA’s voluntary Sector Strategies Program that fosters collaboration among business, government, and non-government organizations. T... -
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Over Two Thirds of Michigan Autoworkers, Other State Residents Support 40 Mpg Fuel-Efficiency Rule, More Climate Curbs
March 2007
WASHINGTON, Feb. 28 /PRNewswire-USNewswire/ -- Michigan residents are not cutting Detroit any slack when it comes to increasing fuel efficiency and decreasing global warming pollution. More than two thirds of Michigan autoworker households (67 percent) an... -
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This Week in Petroleum: Here Comes the Sun
March 2007
February 28, 2007 -- With the second major winter storm in the last several days now moving away off the East Coast, another storm, currently in the middle of the country, is expected to come through the eastern United States over the next few days. Unlik... -
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OPEC Daily Basket Price Stood at $56.57 a Barrel Wednesday, February 28, 2007
March 2007
Vienna, Thursday, 1 March 2007 -- The price of OPEC basket of eleven crudes stood at 56.57 dollars a barrel on Wednesday compared with 57.09 dollars the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes (... -
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Automakers Applaud President Bush's Commitment to Alternative Fuels
February 2007
WASHINGTON, Feb. 23 /PRNewswire-USNewswire/ -- Automobile manufacturers today commended President Bush for continuing to encourage the development of alternative fuel automobiles and alternative fuels. Currently manufacturers are offering 60 models of alt... -
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