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Nigeria Moves to End Fuel Subsidies

Posted October 5th, 2011 at 9:50 am (UTC-5)
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Nigeria’s government has proposed phasing out fuel subsidies for consumers, a move critics say would further burden impoverished Nigerians and likely spark protests. In a letter to lawmakers on Tuesday, President Goodluck Jonathan said the action will give the government an extra $7.5 billion to invest on infrastructure and job creation. Mr. Jonathan also proposed […]

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US Driving Fuel Efficiency Standards Higher

Posted July 29th, 2011 at 11:25 am (UTC-5)
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Cars and trucks sold in the United States will be required to use half as much fuel as they do now under a new agreement being rolled out by the White House. President Barack Obama and leaders of the world’s largest automakers announced new, higher fuel efficiency standards Friday. The agreement calls for the average […]

Tags: , , Posted in Economy, US

Obama to Announce Fuel Efficiency Standards for Cars, Trucks

Posted July 27th, 2011 at 6:50 pm (UTC-5)
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U.S. President Barack Obama plans to announce new fuel efficiency standards for cars and light-duty trucks at an event in Washington Friday. A White House spokesman said Wednesday the standards will apply to vehicles for model years 2017 to 2025. He said the program will result in major cost savings for consumers at the fuel […]

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