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FUEL COST SOLUTIONS * Canada - Slowing down again won’t help truckers
Halifax,Nova Scotia,Canada -The Nova Scotia Business Journal, by ANDREW ROBINSON -28 May 2008: -- With diesel prices on the rise, the trucking industry is finding ways to reduce fuel consumption. But according to the Atlantic Provinces Trucking Association, a suggestion of lowering the highway speed limit in Nova Scotia from 100 kilometres per hour to 90 km/h is an unnecessary move... Lowering speeds on our highways is an idea that the trucking industry has already bought into, says Peter Nelson, executive director of the Atlantic Provinces Trucking Association (APTA). Over the last three years, he says APTA members have been encouraged to drive no faster than 100 to 103 km/h. Aside from reducing fuel consumption, driving at this speed makes the job safer for truckers... Over the course of a year, Nelson says driving at the association’s suggested speed instead of cruising at 118 to 120 km/h can shave $15,000 off the cost of fuelling a single truck. But Nelson says that in a province where almost all freight on land is moved by trucks and where suppliers depend on timely shipments, further speed restrictions are not the answer... Instead, Nelson says his industry is looking to innovative technologies as a way for truckers to reduce their fuel consumption. He points to a Michelin tire factory in Waterville, where wide-based tires are being produced to replace dual tires. Nelson says they can reduce fuel consumption by two to four per cent... The government is currently developing a road safety strategy, and Scott says he will ask the committee overseeing the strategy to look into the idea of changing the speed limit...
* UK - Authorizes two new North Sea oil fields in effort to curb rising
London,UK -The International Herald Tribune (Paris,France)/Associated Press -May 28, 2008: -- Britain on Wednesday granted licenses for two new North Sea oil fields in an attempt to encourage major oil producers to help stabilize the world's energy markets... The decision was announced after talks in Aberdeen, Scotland, between Prime Minister Gordon Brown's Treasury chief Alistair Darling and members of Oil & Gas U.K., a trade body for companies operating in the North Sea... The two new fields have an estimated total output of 50 million barrels and additional daily production in the existing fields could produce up to 20,000 extra barrels per day, Hutton's ministry said... Brown and Darling were holding talks in Scotland following protests on Tuesday by truckers in London and Wales... Hundreds of trucks blocked off a highway in London to demonstrate the soaring cost of fuel in Britain — where diesel now costs more than 1.20 pounds per liter (€1.50 per liter, more than US$9 a gallon)... A delegation of drivers handed a letter to Brown's Downing Street office calling for a cut in fuel taxes for trucking companies... Some lawmakers have called on the leader to review plans to levy higher taxes on so-called "gas-guzzling" vehicles from next year...
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