President Bush is allocating $1 Billion Dollars To Renewable Energy For The 2008 Budget -$176 million dollars for biofuels.

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President Bush is allocating $1 Billion Dollars To Renewable Energy
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Tags: e85 Tips , ethanol , e85 , ethanol production , bush , e85 ethanol , ethanol demand , George Bush
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The Energy Policy Act of 2005 replaced the clean-fuel burning deduction with a tax credit. A tax credit is subtracted directly from the total amount of federal tax owed, thus reducing or even eliminating the taxpayer’s tax obligation. The tax credit for hybrid vehicles applies to vehicles purchased or placed in service on or […]

 
Toyota - the biggest hybrid auto manufacturer reached the 60,000-hybrid-sales limit set by Congress  that allowed income tax breaks for buying hybrid cars as a way of encouraging fuel savings and cleaner air, now wants an extension on the tax credit by the federal government.

 Buyers still recieve a tax credit for purchasing a hybrid […]

Wal-Mart Stores Inc. is teaming up with ArvinMeritor, a major auto component supplier, to develop a diesel-electric hybrid truck that may be the first of its kind in North America.

The companies said in a news release this week they had agreed to develop a dual-mode, diesel-electric drivetrain for a class 8 truck, called the “workhorse […]

 Hello all - thanks for reading my blog!
Gas prices are down a little - SO What!!!
Should we forget about the price gouging last summer?

Surely we are not going to trust “Big Oil” to really care about the population are we?
We need to keep in mind that no matter how much the gas prices drop […]