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As Americans cut back on driving, federal motor-fuels taxes and other revenue flowing into the Highway Trust Fund dropped by $3 billion in fiscal year 2008, compared with the sum collected the year before, the U.S. Dept. of Transpor tation reports.
BANGKOK, Thailand – December 1, 2008: Volvo Car Thailand presented the Volvo C30 1.8F (Flexifuel, E85) and Thailand's first and only locally produced Flexifuel car the Volvo S80 2.5FT at Bangkok Racing Circuit 26th November.
Tomorrow, the country's petrol distributors will cut the price of benzene and gasohol by 40 satang per liter, but will keep the price of diesel unchanged.
PTT will lead the way in cutting pump prices by 40 satang per liter. The cut will become effective tomorrow morning.
The federal Renewable Fuels Mandate kick-started ethanol production, and in a shorter time than expected, US ethanol refineries were up and running and demanding corn at record-setting volumes.
Chevrolet continues to display its dominance as the world’s leading manufacturer of alternative fuel vehicles with the unveiling of the world’s first plug-in electric car, the Chevrolet Volt, for Thai
Volvo announces a double first for Thailand set to benefit the Thai economy and environment. Not only does Volvo formally launch the import of the Volvo C30 1.8F at the upcoming Motor Expo 2008, but
Thailand's petroleum giant plans to make another oil price cut this week, after crude oil prices have continued to slip. The company's president insists Benzene 95 will not be redistributed despite having high market margin.
Thailand's petroleum giant plans to redistribute Benzene 95 following a jump in market margin, while the overseas crude oil prices surge by nearly five dollars a barrel due to the U.S. government's emergency rescue of Citigroup.
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