Fuel

EPA moves closer to approval of 15-percent ethanol gas

April 2, 2012
Associated Press
The federal government announced Monday it has taken a step toward wide distribution of fuel containing 85 percent gasoline and 15 percent ethanol by allowing manufacturers to register as suppliers.
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Fuel prices wreak havoc on Republic Airways turnaroundRestricted Content

March 10, 2012
Greg Andrews
If the cost of aircraft fuel continues to approach $3.50 a gallon, 2012 fuel costs for the company's Frontier unit fuel will end up $40 million higher than the business plan.
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Ethanol makers shrug off expiration of key tax credit

January 6, 2012
Chris O'Malley
It looks like motorists, not ethanol makers, stand to feel the pain of a federal tax credit that expired at the end of last year.
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City avoids foreign brands in adding to its fleet of hybrid vehiclesRestricted Content

December 17, 2011
 IBJ Staff
The Department of Public Works bought Ford Fusion hybrids after the purchase of Toyota's a few years ago stirred controversy.
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Investors in Midwest Energy Partners await gusherRestricted Content

December 3, 2011
 IBJ Staff
The company raised $4.6 million to drill for oil in southwestern Indiana and southern Illinois.
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Republic Airways shares surge on Frontier sales talk

November 8, 2011
 IBJ Staff and Bloomberg News
Republic Airways Holdings Inc. shares soared more than 61 percent Tuesday after the company said it would likely sell or spin off its Frontier Airlines unit.
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Compressed natural gas for cars shows signs of catching onRestricted Content

October 29, 2011
Chris O'Malley
The alternative fuel may soon generate more cash for local firms because it's much cheaper than gasoline.
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Indiana gives grants to convert fleets to alternative fuelsRestricted Content

September 10, 2011
 IBJ Staff
The Office of Energy Development is dispensing grants of up to $500,000 to help private- and public-sector organizations convert their vehicles.
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Cummins OK with new federal fuel standards for trucks

August 9, 2011
U.S. truck makers are expected to improve tractor-trailer fuel economy by about 20 percent by 2018, saving $50 billion in fuel costs over five years and decreasing carbon-dioxide emissions, President Barack Obama said.
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Republic Airways blames fuel costs for $15M quarterly loss

August 2, 2011
 IBJ Staff
The Indianapolis-based company said it spent nearly $227 million on aircraft fuel in the quarter, compared with $161 million in the same period a year earlier.
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Republic soars as lower fuel costs prompt analyst upgrade

June 28, 2011
J.K. Wall
Shares of Republic Airways enjoyed a 22-percent rocket ride on Monday after a stock analyst gave the beleaguered company an upgrade and the price of jet fuel continued to moderate.
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Prices at gas pump painful for most Americans

May 20, 2011
Associated Press
In a poll about the cost of gasoline, 71 percent said rising prices will cause some hardship for them and their family, including 41 percent who called it a "serious" hardship.
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HICKS: Gas prices explained by simple economicsRestricted Content

May 14, 2011
Mike Hicks
Oil prices are affected by the demand for petroleum products, the available supply of oil, the value of the currency in which it is denominated, and uncertainty about future supply or demand.
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Frontier Airlines cuts second-quarter capacity plans

March 7, 2011
Associated Press
Indianapolis-based Republic Airways Holdings Inc. said Monday that it is reducing growth plans for its Frontier Airlines unit because of uncertainty about future oil prices.
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Rising pump prices rattle drivers, businesses

February 28, 2011
Associated Press
High fuel prices are forcing tough choices on small-business owners who are loathe to charge more for fear of losing cost-conscious customers.
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Purdue professor says ethanol consumption has its limits

January 8, 2011
 IBJ Staff
Current infrastructure for delivering the alternative fuel isn't adequate to use all that the federal government says must be produced.
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Ricker rebranding 17 Indianapolis convenience stores

December 21, 2010
Cory Schouten
Anderson-based Ricker Oil Co. is changing the name on the ampm shops, which it acquired in 2008 from a division of oil giant BP, to match the remainder of its 50 Indiana stores.
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Indianapolis-based Xylogenics licenses yeast strain to ethanol producer

August 28, 2010
 IBJ Staff
Xylogenics claims its yeast strain, developed at the Indiana University School of Medicine, can increase yields and lower costs of producing corn ethanol.
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Local racing-fuel supplier expands territory to 26 states

August 26, 2010
Scott Olson
National Biofuels Distribution LLC, a subsidiary of Carmel-based Telamon Corp., signs two distribution contracts to expand its distribution reach. The company began marketing its ethanol-based racing fuel, Ignite, about a year ago.
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Oil, gas investment firm targets downstate potential

August 24, 2010
Chris O'Malley
Midwest Energy Partners will back two oil/gas producers. New technologies could stoke investor returns from wells in Illinois Basin, where production peaked decades ago.
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Environmental services firm to build $40M refinery

July 13, 2010
Kathleen McLaughlin
Heritage-Crystal Clean Inc. plans to build an oil re-refinery in Speedway, creating as many as 75 new jobs by 2013.
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Promising ethanol yeast nears market launchRestricted Content

June 19, 2010
Chris O'Malley
A firm that may have developed a breakthrough yeast for ethanol production has landed new investment and high-octane board members. Two-year-old Xylogenics Inc. also says it plans to license its first bioengineered yeast later this year.
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CountryMark acquires oil wells in southern Indiana

May 12, 2010
J.K. Wall
Indianapolis-based CountryMark, a co-op that provides fuel to farmers, has acquired 600 oil wells and other assets in the Illinois basin.
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Indianapolis to demonstate plug-in electric vehicles

February 18, 2010
Chris O'Malley
Green watch
                           video iconCity will be among first to conduct demonstration of several plug-in electric vehicles prior to their market launch next year.
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Pickens' natural-gas plan may prove boon to truck builders

January 22, 2010
Bloomberg News
Converting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T. Boone Pickens says.
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  1. RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.

  2. Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?

  3. Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.

  4. We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)

  5. True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.

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