A hard truth revealed: Government can’t predict consumer preferences
The shortfall came as a shock to many analysts and observers who had long operated under the assumption that U.S. vehicle efficiency targets were effectively written in stone.
The shortfall came as a shock to many analysts and observers who had long operated under the assumption that U.S. vehicle efficiency targets were effectively written in stone.
With the balancing forces of natural gas infrastructure development in China and an insipidus drop in NGV sales last year, the air in the building was of cautious optimism that NGVs will soon come to have a second spring.
Even if the Volkswagen Group gets regulatory approval to fix some 475,000 four-cylinder diesel cars in its ongoing diesel-emissions scandal, the repaired systems could still pollute more than they originally certified under.
Lewis Finkel, a top lobbyist for the American Petroleum Institute gave the opening remarks. “We are pushing forward for a robust energy discussion during this election cycle,” he said.
Hell hath no fury like a well-meaning government regulator who’s been sneered at and condescended to by executives of one of the world’s largest auto companies—only to learn the company has systematically lied to her and deliberately violated the laws she’s charged with enforcing.
The Energy Information Administration (EIA) released its most recent Short Term Energy Outlook (STEO), and the forecast now calls for record U.S. gasoline consumption this year:
Abengoa celebrated the grand opening of the Hugoton plant in October 2014. In December 2015, the company reportedly laid off staff at the facility, citing financial difficulties as the reason for its action.
Oil from a Husky Energy pipeline spilled into the North Saskatchewan River upstream from Maidstone, Sask.
For any other company, this would be the time to bear down, eliminate distractions, and narrow its focus to a few core goals. For Tesla, of course, it’s just the opposite.
Federal officials are trying to determine whether bolts used on undersea oil and gas equipment are at risk of breaking and creating a “catastrophic failure” similar to the scale of BP’s Deepwater Horizon spill six years ago.