The economy is growing, but carbon emissions aren’t. That’s a really big deal
Roughly a year ago, the International Energy Agency announced a wonky yet nonetheless significant development.
Archive for year: 2016
The oil and natural gas industry: The impacts and uncertainty continue
By now we’ve all seen the headlines: “Oil crashes below $27 a barrel,” “Oil prices likely to remain low 3-5 years” and “U.S. oil bankruptcies spike 379%.” At first, these headlines seemed a little “distant” to me.
The Saudi ‘blink’ on oil production that wasn’t one at all
Last month, Saudi Arabia announced its intent to freeze oil production. Believing that someone had finally blinked in the global price war, oil markets rejoiced and the price of crude oil crept up for the first time in months
Low gas prices finally affecting consumer optimism
Fully half of all Americans (50%) say they are optimistic about the economy, a strong six-point jump over the past month and the highest percentage since November 2015, according to the results of a new consumer survey released by the National Association of Convenience Stores.
Gasoline retailers converting more pumps for higher ethanol blends
Gasoline retailers in Iowa plan to add a large number of renewable fuel pumps this year to sell gasoline with a higher percentage of ethanol.
Average fuel economy for new vehicles holds steady at 25.2 mpg in February
The average fuel economy for new vehicles sold in February held steady at 25.2 mpg, according to researchers Michael Sivak and Brandon Schoettle of the University of Michigan Transportation Research Institute.
Obama administration withdraws Atlantic oil and gas drilling proposal
The Obama administration, in a significant reversal, announced Tuesday it was withdrawing a planned oil and natural gas lease sale off the southeast Atlantic coast, prompting cheers from coastal communities and environmentalists but criticism from oil companies and some state leaders.
Rising sea levels may disrupt lives of millions, study says
Sea-level rise, a problem exacerbated by greenhouse gas emissions, could disrupt the lives of more than 13 million people in the United States, three times more than most current estimates, according to a study published Monday.
Look beyond oil, Nigerian president urges African oil producers
President Muhammadu Buhari yesterday challenged African oil producers to see the huge challenges confronting the oil sector as a unique opportunity for Africa to look beyond the exploitation of oil to the use of other natural resources to upscale national revenues.
Former EPA official punctures myths about the CAFE standards
Margo T. Oge, the author and former EPA official who defended ethanol so well in The Wall Street Journal last November, has a new post on HuffPo that takes on three myths about the nation’s fuel-economy standards for vehicles.
