Clobbered by falling oil prices, Iraq is headed over a fiscal cliff, unable to make critical investments needed to keep its oil flowing and still pay the skyrocketing costs of fighting Islamic State extremists, according to government officials. Without a recovery in oil revenues, some fear the country is again sliding toward a breakup.
Some call it the “stinkweed.” Yet despite that inglorious moniker, there’s an awful lot to like about pennycress, say officials with one St. Louis startup company. That’s because pennycress seeds — five to seven thousand of them in a given plant — have the potential to produce the world’s next big biofuel …
A Syrian businessman facing European Union sanctions denied on Tuesday allegations that he bought oil from the Islamic State group for President Bashar Assad’s government.
Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.
FCA US, the company formerly known as Chrysler, says the Ram truck brand will expand its compressed natural gas offerings to include regular cab and two-wheel-drive versions of its Ram 2500 pickups, giving its mostly commercial customers more options for the fuel-efficient trucks.
Telsa Motors Inc.’s plan to cut jobs in China underscores the electric-car pioneer’s struggles in the country, a crucial market for the developing technology.
It is one of the profound ironies of climate change that a state besieged by its effects — where coastal islands face existential threats and daily floods render major thoroughfares difficult to navigate — is also populated by powerful politicians who express deep suspicion of the relevant science.
… as much as I hate to say it, Jay is using information to sway the argument that is untrue and misleading. And so, since I think that Jay should know, and does know better, that he is lying in the AutoWeek story.
“Under the Dome,” a searing documentary about China’s catastrophic air pollution, had hundreds of millions of views on Chinese websites within days of its release one week ago. Then on Friday afternoon, the momentum over the video came to an abrupt halt, as major Chinese video websites deleted it under orders from the Communist Party’s central propaganda department.
A second fiery derailment near a Northern Ontario community is adding to concerns that federal rail-safety regulations – brought into effect after the 2013 tragedy in Lac-Mégantic — do not go far enough in addressing the dangers of shipping crude oil by rail.
