U.S. oil prices may fall into the $20s if tanks used to store crude start to fill up before producers sufficiently curb output, Citigroup Inc. predicted.
Archive for year: 2015
It’s an ill wind that doesn’t blow somebody some good, and it’s an ill pollution day that doesn’t have an upside somewhere.
A new report from the Center for a Blue Economy suggests that the southern Atlantic states — Virginia, North Carolina, South Carolina, and Georgia — would see little to no benefit from offshore drilling, while putting a critical piece of their economies and lifestyles at risk.
Surging demand for trucks and SUVs fueled by cheap gasoline is holding back improvements in U.S. fuel economy and greenhouse gas emissions, a government report due out on Wednesday is expected to show.
It lifts the 40-year-old ban on exporting U.S. crude, a long-sought GOP goal.
The big criticism of the landmark Paris climate deal is its lack of enforcement mechanisms. If India keeps burning coal like crazy, it won’t face fines or sanctions. Nobody is going to invade Nigeria if it fails to lower emissions. What the critics don’t understand, however, is that this is a feature, not a bug. How else would you get 195 countries to sign off on it?
If laws were passed tomorrow to limit the number of new internal-combustion cars, it would likely take almost two decades to bring half the overall fleet in that jurisdiction to electric propulsion.
General Motors Co., which delayed the rollout of the 2015 bi-fuel Chevrolet Impala for about a year, has now delivered to customers about 200 of the vehicles that can run on compressed natural gas or gasoline.
With nearly 30 percent of government vehicles being flex-fuel vehicles, the regional transportation director wants to remind those driving government flex-fuel vehicles to fill up with E85 fuel where it is available.