The US airline industry is set to crash as record oil prices threaten to push several carriers into bankruptcy, threatening "our American way of life," an industry study said Friday.
"As a consequence of the skyrocketing price of oil, the US commercial aviation industry is in full-blown crisis and heading toward a catastrophe," said a study [...]

Tractor trailers lose valuable miles per gallon to the drag that air exerts, but air may also help tame the fuel guzzling forces.
Scientists at Georgia Tech’s Research Institute are creating a "circulation control system" that blows a steady current of air around the back of the truck to help boost fuel efficiency.
Trailers are an aerodynamic [...]

PHILADELPHIA (Reuters) – As U.S. gasoline prices hit records on almost a daily basis, an increasing number of motorists are following a radical driving technique designed to eke out every last mile from a tank of fuel.
Known as ‘hypermiling,’ the method can double gas mileage, even in gas-guzzling vehicles that would normally get less than [...]

BRUSSELS, Belgium – As fuel prices soar to record highs and airlines struggle to maintain profitability, the unglamorous but fuel-efficient turboprop regional airliner is making a remarkable comeback.
The revival of the propeller-driven planes — which typically consume a quarter to a third less fuel than equivalent jets — marks a significant new trend in the [...]

DETROIT – General Motors Corp. will introduce a new hybrid full-size pickup and a concept hybrid truck this week at the Chicago Auto Show, betting that pickup drivers have been itching to jump on the hybrid bandwagon.
GM says the 2009 GMC Sierra hybrid gets a 25 percent improvement in fuel economy without compromising performance, while [...]

NEW YORK – Within a few years, a handful of rich tourists may be blasting into space in a craft that looks a little like a cross between the space shuttle and a corporate jet.
British billionaire Richard Branson and the aerospace designer Burt Rutan unveiled a model Wednesday of SpaceShipTwo, the vehicle they hope will [...]

WASHINGTON – The Bush administration is going ahead with a controversial pilot program giving Mexican trucks greater access to U.S. highways despite a new law by Congress against it.
The decision to proceed with the four-month-old program, which allows participating Mexican trucking companies to send loads throughout the United States, comes despite language in the recently [...]

Jan. 3 (Bloomberg) — General Motors Corp., the world’s largest automaker, canceled a $300 million program to build an advanced V-8 engine for luxury vehicles, citing rising oil prices and tighter U.S. fuel economy restrictions.
“We have seen a declining demand for V-8 engines as fuel prices have risen,” GM spokeswoman Sharon Basel said today. New [...]