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Survey: U.S. Gas Prices Down Nearly 22 Cents

Sunday , September 10, 2006 (Fox News)

CAMARILLO, Calif. — U.S. retail gas prices dropped nearly 22 cents a gallon in the past two weeks, the second decline in a row since a mid-August peak, according to a survey released Sunday.

The national average for self-serve regular stood at about $2.65 on Sept. 8, down from about $2.87, according to the Lundberg Survey of 7,000 gas stations across the country. That was about 35 cents less than last year at this time.

Mid-grade prices averaged $2.77 a gallon, while premium cost $2.87.

Get more high-powered coverage in the Energy Center.

Gas prices peaked Aug. 11 at $3.02 and have fallen nearly 37 cents since.

The lowest gas prices found in the most recent survey was $2.32 a gallon for regular in Des Moines, Iowa, and the highest was in Honolulu at $3.17.

Among California cities surveyed, the highest average price for regular was $2.96 a gallon in Los Angeles. The lowest, $2.83 a gallon, was in Sacramento.

The average for self-serve regular in California was about $2.92, a drop of nearly 15 cents in the past two weeks, the survey found.

http://www.foxnews.com/story/0,2933,213246,00.html

RE: Lastest Energy News
 

BMW to Roll Out First Hydrogen-Burning Car Next Year

Tuesday , September 12, 2006 (Fox News)

MUNICH — BMW will roll out the world's first hydrogen-burning car in serial production early next year, the German premium automaker said on Tuesday, eager to put its stamp on cars with green credentials.

The specially equipped 7-Series executive cars emit only water vapor when running on hydrogen.

The car hits the market next April and will be shown at the Los Angeles car show in November, the company said. It had said in March the hydrogen cars would arrive within two years.

A spokesman said the car would be leased to selected customers rather than sold because of its high price. Leasing rates would be similar to those for a top-end BMW 760LI with a full-service package.

The BMW 7 Series Hydrogen 7 Saloon is powered by a 260 hp twelve-cylinder engine and accelerates from 0-100 km/h (62 mph) in 9.5 seconds. Top speed is limited electronically to 230 km/h.

BMW has said it intends to build a few hundred such cars at first. They will be able to switch between burning standard petrol and hydrogen so that drivers will not be left stranded while the infrastructure to deliver hydrogen is built up.

"The integration of hydrogen drive in an existing vehicle concept which has already proven its merits in the market paves the way for an alternative to conventional drive concepts fully accepted in the market and with all the assets the customer is looking for in practice," BMW said.

The space that two fuel tanks take up means only the 7-Series will offer the hydrogen package at first. BMW's long-term goal is to offer hydrogen motors in all its cars.

BMW unveiled the world's fastest hydrogen-powered car at the 2004 Paris auto show. Dubbed the H2R, it can exceed 300 kilometers (185 miles) per hour and reaches 100 km per hour from a standing start in around six seconds.

While BMW is developing fuel-cell driven cars as well, it says it is concentrating on the combustion engine because the sum total of its features and characteristics offers the largest number of advantages and benefits all in one.

http://www.foxnews.com/story/0,2933,...business/autos

RE: Lastest Energy News
 

It mentions that this will emit water vapor. This is what I thought would happen. The increase of water vapor in the air will make the climate more humid and eventually would make the weather more likely to rain. I'm just not convenced yet.