Another crude-oil train derails and catches fire, this one in Illinois
A freight train loaded with crude oil derailed in northern Illinois on Thursday, bursting into flames and prompting authorities to evacuate everyone within 1 mile.
Archive for year: 2015
11 oil fields closed in Libya after ISIS attacks
The National Oil Corporation blamed authorities in the Libyan-capital of Tripoli, set up by Islamist-backed militias, for failing to protect the oil fields.
Fuel-cell vehicles named world’s top emerging technology
The World Economic Forum’s Meta-Council on Emerging Technologies releases its Top 10 List of Emerging Technologies for 2015.
Low oil prices mean more congested railways
“As oil has gone from $100 to $50, it’s really cut the incentives to build pipelines into North Dakota,” Bloomberg Business writer Matthew Phillips says in a video accompanying his story. “Lower prices make it more attractive for oil companies to actually use rail more than they’re using today.”
5 reasons why we still need alternative fuels when gas is cheap
5. We won’t be fooled again. As a nation, we have seen fuel prices rise and fall. While we are all enjoying low prices today, few of us expect them to last forever.
U.S. is running out of room to store oil … is a price collapse next?
For the past seven weeks, the U.S. has been producing and importing an average of 1 million more barrels of oil every day than it is consuming. That extra crude is flowing into storage tanks, pushing supplies to their highest point in at least 80 years.
Senate fails to override Obama’s Keystone pipeline veto
A bipartisan majority of U.S. senators were unable to reach the two-thirds majority required to undo President Obama’s veto of the Keystone XL pipeline on Wednesday. The vote was 62 to 37.
One source of funding could end for climate change-denying scientist
Funders appear to be backing away from a prominent climate change denier who may have failed to disclose that his peer-reviewed articles were funded with grants from petroleum companies.
Hermosa Beach easily defeats oil-drilling measure
In what could be a modern-day record for election turnout in the SoCal city, Measure O was going down by a vote of 79 percent to 21 percent, at last count.
Yossie and NRDC’s Lehner: Lower oil prices needn’t slow EV sales
The last two years’ experience with electric vehicles proves that clean fuel technologies can compete with oil, and the continued strong sales of the last few months prove it, even at oil’s new price.
