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Jun 12, 2007

High Fuel Prices *- USA - Addressed In Congress

The Owner-Operator Independent Drivers Association (OOIDA) gave testimony at a hearing called by the U.S. House of Representatives Sub-Committee on Oversight and Reform where the issue of "hot fuel" was discussed

Washington,DC,USA -Layover (Akron,PA) -11 June 2007: -- Consumers make calls to Congress everyday saying they expect action to be taken regarding the cost of fuel. But today, only one organization stood up among industry leaders on behalf of consumers, pointing out a double standard in which fuel is sold.... OOIDA Project Leader John Siebert cited an estimated $2.5 billion annual cost to consumers due to "hot fuel"... The phrase "hot fuel" refers to expanded diesel fuel or gasoline that is sold at retail pumps at temperatures higher than the century-old government standard of 60 degrees. The warmer the fuel, the less measurable energy (Btu) and fewer miles to the gallons a vehicle will receive. For example, if a tractor-trailer averages six miles per gallon, 200 gallons of 98-degree fuel is going to take that truck 36 fewer miles than 60-degree fuel...

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