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2009 GMC Sierra Hybrid gets priced at $39,365

General Motors has announced pricing for the first of its new two-mode hybrid pickup trucks, the GMC Sierra and they've apparently learned at least one lesson from the roll-out of the Yukon and Tahoe hybrids earlier this year. The starting price for the two-wheel drive Sierra hybrid is $39,365, about $10,000 less than the SUVs. It's not immediately clear from the press release but it appears that at least part of the price drop came via de-contenting the pickups. While the SUVs have a navigation system with the hybrid power flow display as ... Read more →

India increases fuel prices by 10 percent Xavier Navarro

India has announced that fuel prices are going to be raised by 10 percent. The state-owned oil companies had no other option but adapt pump prices in response to the increase of crude oil prices in ...

Diesel becoming more expensive than gasoline in Europe Xavier Navarro

Currently, diesel prices in the U.S. are slightly higher than gasoline. Across the pond, the story has been somewhat different. With the exception of the UK, diesel in Europe has usually been cheaper ...

Think gas prices are bad? Diesel prices are worse! Lascelles Linton

Farmington Hills, MI, 3/10/08 We worry about gasoline prices, but a recent New York Times article reminds us that it could be worse. The article talks to truckers about the increase in diesel prices ...

It's Friday: Daily Show explains why gas prices are so high Lascelles Linton

On a recent episode of the Daily Show, the spike and price of a barrel of oil was explained (see videos below the fold). The comedy news show's explanation includes $15 of the $104 for a barrel of ...

At least one electric car dealership sees increased sales as gas prices rise 1 year ago on Autoblog Green

Are high gas prices having an impact on EV sales? Yep. Washington state news station KING5 did a report on an electric car dealership's recent sales increase. Jim Johnson of MC Electric Cars has sold more electric cars in the last month than the last three years combined. With a barrel of oil ...

White House: President Bush wasn't joking, no one told him about $4/gal gas predictions 1 year ago on Autoblog Green

Two days ago, we told you President Bush said he was unaware some analysts were predicting $4 for a gallon of gas in the U.S.. The day before Bush made those remarks, White House press secretary Dana Perino was actually asked about gas prices and she said "we're mindful of it." Yesterday, when ...

VIDEO: President Bush flip flops on oil company tax breaks, unaware of $4/gallon gas predictions 1 year ago on Autoblog Green

digg_url = 'http://digg.com/politics/EXCLUSIVE_VIDEO_President_Bush_flip_flops_on_oil_tax_breaks'; This morning in a press conference, President Bush was asked about statements he made on tax breaks for oil companies (see video below the fold). Yesterday, in support of the Energy tax bill (which ...

BREAKING: Barrel of Oil hits $100.30, gas back over $3 1 year ago on Autoblog Green

A barrel of oil just hit $100.30 high today and while it might go higher or lower for the rest of the day, it seems trading over $100 is becoming normal. Why is this important? In the U.S., the price of gasoline is over $3 a gallon again, according to the EIA. With a barrel of oil reaching new ...

BREAKING: Barrel of oil hits $100.10, closes at $100.01 1 year ago on Autoblog Green

digg_url = 'http://digg.com/world_news/BREAKING_Oil_closes_at_100_01_a_barrel'; The closing price for a barrel of oil today was $100.01 and the intra-day high was $100.10. These prices are the highest a barrel of oil has ever traded or closed. No single news event brought the price of oil to ...

Greenspan: electric cars, the best solution to high gas prices 1 year ago on Autoblog Green

Former fed chair Alan Greenspan says the electric car is the best solution to high gas prices and we need to find ways to make more of them. Speaking at Cambridge Energy Research Associates (CERA)'s CERAWeek 2008, Greenspan said we must "find a way to move cars to electric" because using electric ...

BREAKING: Oil hits $100 a barrel 1 year ago on Autoblog Green

digg_url = 'http://digg.com/business_finance/OIL_HITS_100_A_BARREL_2'; Oil is starting 2008 with a bang: Today, for first time ever, a barrel of crude oil traded for $100. Oil has traded close to $100 for months but there is just something about breaking the $100 barrier. "This is an important ...

$4 for a gallon of gas in 2008? 2 years ago on Autoblog Green

Oil traded at over $90 Friday and the market took a tumble. It's gone "down" to the mid- and upper-80s since then. When will these prices start to effect the cost of gas at the pump? We can expect 20 more cents to the price of a gallon by mid- to late-November says Sarah Emerson, director of ...

Whew! Price of crude oil hits $88.20 2 years ago on Autoblog Green

digg_url = 'http://digg.com/world_news/Barrel_of_oil_88_20_on_Turkey_Iraq_war_fears'; The latest news from Turkey is that the country might go to war with Kurdish separatist guerrillas in Northern Iraq. That makes you nervous? Well, it certainly made the market nervous and so we just saw the ...

Oil hits $83, Dubai takes stake in NASDAQ 2 years ago on Autoblog Green

digg_url = 'http://digg.com/world_news/Oil_hits_83_Dubai_takes_stake_in_NASDAQ'; The price of a barrel of crude is making record highs, ending the day yesterday at $83.32. In other news only connected if you were in the smoky back room, Dubai announced a deal to become the biggest stake holder ...

BREAKING: Oil reaches all time high of $80/barrel 2 years ago on Autoblog Green

The price of a barrel of oil hit a record intra-day trading high of $80.05. It hit $80.18 in intra-day trading on Globex. That's more than a dollar higher than the old record of $78.77 set August 1. The price of oil is up on worries of supply shortages after a Energy Information Administration ...

In Wisconsin, ethanol seller hit with a $12m lawsuit for selling cheap ethanol 2 years ago on Autoblog Green

42 gas stations in Wisconsin are suing Utica Energy LLC and Renew E85 ethanol stations for, get this, selling ethanol too cheaply. The gas stations want $12 M and an injunction stopping Renew E85 from selling any more ethanol. Court records say Renew E85 sold the biofuel below a minimum price set by ...

2008 Mariner hybrid costs $2K less than 2007 2 years ago on Autoblog Green

The hybrid price war is heating up. Mercury has released pricing for the 2008 Mariner hybrid. It's $26,620 and 2WD. The 2007 Mariner Hybrid was only 4WD and $28,615. Okay, maybe the price is lower because it's 2WD and not 4WD. I guess the price drops maybe a response to the loss of some tax ...

ABG POLL: What portion of your income do you spend on fuel? 2 years ago on Autoblog Green

We hear about rising fuel prices all the time and with the Northern Hemisphere Summer on its way, they're sure to rise further. But how much of an impact is fuel having on your hip pocket? Vote now. What portion of your weekly income do you spend on fuel? ...

Consultant declares biodiesel has worse economics than ethanol 2 years ago on Autoblog Green

Speaking at the Power-Gen conference in Las Vegas, managing consultant Michele Rubino has been reported as posing the question, "which makes more sense: ethanol or biodiesel?" Rubino, who works at Navigant Consulting, didn't hesitate to say that it was ethanol that made more sense and that ...

Gas to hit $3 a gallon again? 2 years ago on Autoblog Green

How much is filling up going to cost you this Summer? Gas prices are once again steadily climbing with Spring approaching, the possibility now looming for prices to equal last year's highs of $3 a gallon. Prices in Detroit are up 38 cents in just the last month and are now as high as they were in ...

Cargill profit jumps 34 percent on back of biofuels surge 2 years ago on Autoblog Green

Cargill Inc., the largest agricultural company in the U.S. and a major player internationally, has announced a massive jump in their second-quarter profits of 34 percent on the back of gains in shipping, trading and processing grains and oilseeds. Net income in the three months to November 30 was ...

Fuel prices Down Under up and down 2 years ago on Autoblog Green

It seems that Australian petrol prices are even more volatile than I imagined. Just a week after predictions that petrol prices were likely to remain high during 2007, prices are now tipped to fall by as much as 10 cents a litre (US$0.30 per gallon) after world oil prices dropped to a 19-month low. ...

Hybrid sales chained to fuel prices? 2 years ago on Autoblog Green

CNW Marketing Research is reporting that around 30 percent of car shoppers were considering a hybrid a year back, and willing to pay a premium of almost $2,500 over a non-hybrid for the privilege. The interest level has dropped to just 12 percent now however, and the premium that's acceptable has ...

Winter gas blends may contribute to attenuating fuel prices 3 years ago on Autoblog Green

The AP reports that later this week, refiners will start selling their less expensive winter fuel blends which may help to lower national gas prices. During the summer months from May 1 through September 15, the Environmental Protection Agency requires that specific volatile chemicals be extracted ...

Steep rise in Chinese gas prices, no large profit for refiners 3 years ago on Autoblog Green

The U.S. is not the only country struggling with high gas prices. China raised its retail gasoline and diesel prices on Wednesday to take them 15 percent higher so far this year, according to Reuters. While in the U.S. fuel refiners are making record profits, Chinese refiners are operating at a ...


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