As regulatory bigwigs gear up for a midterm review of corporate average fuel economy (CAFE) requirements, will the 54.5 mpg target for light-duty vehicles get a haircut, or be deemed too unambitious?
As President Barack Obama departs on his fourth visit to the Kingdom of Saudi Arabia for a summit with Gulf Arab leaders, ABC News takes a look at some of the issues that have brought tensions between the old allies to an all-time high during this administration.
The Organization of Petroleum Exporting Countries will resume talks at a meeting in June to reach an agreement on freezing oil output, Iraq’s governor to OPEC said just days after politics thwarted a deal to cap production and curb the global glut.
After four years of steady growth, U.S. plug-in electric car sales were essentially flat last year. Low gas prices and increased demand for SUVs had a dampening effect on the segment, which still accounts for a very small fraction of U.S. new-car sales.
The so-called Islamic State has lost 26 percent of the income it had been generating from the sale of crude oil, according to new research released on Monday.
When a commodity costs more to produce than the current market price, producers usually stop producing it. But when it comes to U.S. crude, a global crash in prices hasn’t been matched by deep cuts in production.
The emergence of the ethanol industry over the past decade helped transform the corn market from a state of demand stagnancy, giant surpluses and growing reliance on the taxpayer to a state of healthy demand expansion, higher value and plunging government payments.
In the market for a new car that can save you money on fuel and cut your emissions? Here are some of the top clean cars scheduled to hit showrooms in 2017.
Check out the ugly budget messes this spring in some of the nation’s top oil and gas fracking states, which are now contending with humongous revenue losses as oil and gas prices languish.
Currently, high-octane fuel is marketed as “premium,” but automotive manufacturers have expressed interest in raising the minimum octane pool in the United States to enable smaller, more efficient engines.
