Fuel prices wreak havoc on Republic Airways turnaround
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
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.
City avoids foreign brands in adding to its fleet of hybrid vehicles
The Department of Public Works bought Ford Fusion hybrids after the purchase of Toyota’s a few years ago stirred controversy.
Investors in Midwest Energy Partners await gusher
The company raised $4.6 million to drill for oil in southwestern Indiana and southern Illinois.
Republic Airways shares surge on Frontier sales talk
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.
Compressed natural gas for cars shows signs of catching on
The alternative fuel may soon generate more cash for local firms because it’s much cheaper than gasoline.
Indiana gives grants to convert fleets to alternative fuels
The Office of Energy Development is dispensing grants of up to $500,000 to help private- and public-sector organizations convert their vehicles.
Cummins OK with new federal fuel standards for trucks
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.
Republic Airways blames fuel costs for $15M quarterly loss
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.
Republic soars as lower fuel costs prompt analyst upgrade
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.
Indiana’s oldest ethanol plant cutting 30 jobs
An ethanol plant in South Bend is laying off about 25 percent of its employees this summer and the company that owns the plants is up for sale.
Prices at gas pump painful for most Americans
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.
HICKS: Gas prices explained by simple economics
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.
Frontier Airlines cuts second-quarter capacity plans
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.
Rising pump prices rattle drivers, businesses
High fuel prices are forcing tough choices on small-business owners who are loathe to charge more for fear of losing cost-conscious customers.
Purdue professor says ethanol consumption has its limits
Current infrastructure for delivering the alternative fuel isn’t adequate to use all that the federal government says must be produced.
Southern Indiana ethanol plant starts after long halt on work
Aventine Renewable Energy is ramping up production at an ethanol plant in southwestern Indiana that is now operating after construction work was halted for more than a year.
Ricker rebranding 17 Indianapolis convenience stores
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.
Hulman family plans oil drilling near Terre Haute
The Vigo County planning commission on Wednesday approved zoning changes to allow drilling on about six acres owned by the Grace Hulman Real Estate Trust and Anton Hulman Jr. Real Estate Trust.
Indianapolis-based Xylogenics licenses yeast strain to ethanol producer
Xylogenics claims its yeast strain, developed at the Indiana University School of Medicine, can increase yields and lower
costs of producing corn ethanol.