Archive for the ‘Oil & Gasoline’ Category

Oil Leak May Continue Until August

As the memorial day weekend comes to an end, everyone is worried about the Oil Disaster in the Gulf of Mexico. BP's latest attempt known as "Top Kill" was a failure and now the company is trying to find more ways to curb this disaster. According to Associated Press, Grand Isle just off the coast of...

May 31st, 2010 | Oil & Gasoline | Read More

Obama vows ‘relentless’ response to oil spill

President Obama said Sunday his administration has mounted a "relentless response" to the oil spill unleashed by the sinking of an offshore drill rig. "We will spare no resource to clean up whatever damage is caused," Obama said after a briefing with state, local and federal officials in Louisiana. Obama...

May 2nd, 2010 | Oil & Gasoline | Read More

GM to Develop Jatropha-to-Biodiesel Project in India

General Motors Co. today announced a five-year partnership with the U.S. Department of Energy (DOE) to help develop the potential of the jatropha plant as a sustainable biofuel energy crop. Traditionally considered a weed, jatropha plants produce an oil that can be refined into biodiesel. The goal...

March 30th, 2010 | Oil & Gasoline | Read More

Gas prices rise by 12% in 3 weeks

Gas prices rose overnight, with the national average up nearly 12% in less than three weeks, according to a daily survey. The national average price for a gallon of regular gasoline rose 0.9 cent Friday to $2.290 a gallon, reported motorist group AAA. Friday's increase marks the 17th straight day of...

May 15th, 2009 | Oil & Gasoline | Read More

Carmakers falling short on EU emissions targets

Car makers are not doing enough to meet proposed EU targets for cutting carbon dioxide emissions, according to a report Tuesday, with some German and Japanese brands facing the biggest challenge to make the grade. The European Commission wants all carmakers to reduce average emissions to 120 grams of...

August 26th, 2008 | Oil & Gasoline | Read More

Govt delays 2p fuel duty hike as oil surges

The government is to suspend a planned increase in fuel duty, Chancellor Alistair Darling said Wednesday, following protests by truck drivers and outrage from motorists' organisations over pump prices. The 2p rise was due to take effect in October but has now been postponed amid soaring world oil...

July 16th, 2008 | Oil & Gasoline | Read More

U.S. gas: So cheap it hurts

Despite daily headlines bemoaning record gas prices, the U.S. is actually one of the cheaper places to fill up in the world. Out of 155 countries surveyed, U.S. gas prices were the 45th cheapest, according to a recent study from AIRINC, a research firm that tracks cost of living data. The difference...

May 1st, 2008 | Oil & Gasoline | Read More

Car makers could face 75mpg rules by 2030s

The nation's passenger cars and light trucks may have to average 75 miles per gallon by the 2030s, a top federal environmental official said at the SAE International World Congress. Margo Oge, director of the Environmental Protection Agency's Office of Transportation and Air Quality, said Monday...

April 16th, 2008 | Oil & Gasoline | Read More

German auto industry says ready for biofuel ramp-up

Germany's automakers association played down concerns Thursday that large numbers of cars would be incompatible with a new biofuel mix that the government wants to introduce to cut emissions. Chancellor Angela Merkel's government wants to double the proportion of biofuel in petrol to 10 percent...

April 3rd, 2008 | Oil & Gasoline | Read More

EU automakers reject 2012 deadline for CO2 cuts

European automakers demanded more time on Wednesday to meet mooted CO2 emissions targets but stressed they were on board and working hard to produce cleaner cars. The European Automobile Manufacturers Association agreed with a European Commission plan to cut CO2 emissions to 120 grams...

September 13th, 2007 | Oil & Gasoline | Read More