Ever since the emergence of oil and gas as the dominant feature of the Nigerian economy, starting from the 1970s, successive administrations in the country have only been paying lip service to the need for economic diversification.
Continue reading »Tag: fuel economy
OBAMA UNVEILS NEW TRUCK FUEL STANDARDS
The Obama administration on Tuesday unveiled new fuel efficiency standards for heavy-duty vehicles, which it said would both reduce carbon emissions and save drivers billions of dollars at the pump. The standards, unveiled as President Barack Obama enters the last five months of his final term, apply to heavy duty vehicles which account for 20 percent of greenhouse gas emissions […]
Continue reading »NNPC BOSS RULES OUT INCREMENT IN PETROL PUMP PRICE
NNPC Group Managing Director, Maikanti Baru has ruled out the possibility of any increment in petrol pump price. Baru said this today to state house correspondents while reacting to media reports that oil marketers may soon increase pump price of petrol due to the scarcity of dollar and high exchange rates. According to Baru, he has not gotten any presidential […]
Continue reading »FUEL ECONOMY (PART TWO)
Fuel Economy and Efficient Driving Behavior The following is a short list of behaviors exhibited by those drivers that consistently obtain good fuel economy. Studies have shown that a consistently efficient driver can achieve 30% or more fuel economy than an inefficient driver. Simple behaviors, like coasting to a stop instead of staying on the accelerator until the last minute […]
Continue reading »FUEL ECONOMY (PART ONE)
Fuel Economy in Haulage The importance of fuel economy to the successful operation of a trucking company cannot be understated. Fuel is one of the largest variable costs in a trucking venture, and, while no trucking operation can control the cost of fuel, it has at least some control over the amount or rate of consumption which in turn determines […]
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