Oil prices are on fire — up 10 percent in just 3 days
Prices surged 10% over just the past three trading days to above $45.50 a barrel on Monday. Just two weeks ago, oil had fallen below $40 a barrel.
Author Archive for: lhall
Entries by Landon Hall
EPA strengthens greenhouse-gas efficiency goals for big rigs
The U.S. Environmental Protection Agency, resisting lobbying from the trucking industry, unveiled tough new regulations to reduce carbon emissions from tractor-trailers and other long-haul trucks in support of a key policy goal of President Barack Obama’s administration.
July was ‘absolutely’ Earth’s hottest month ever recorded
NASA data reveal the Earth’s temperature reached its highest point in 136 years of record-keeping during July.
Soaring OPEC exports can’t keep oil from rallying
Oil is carrying on where it left off last week, rallying higher on the low likelihood event of a production freeze by key global producers
Venezuela is descending into chaos. Now this issue is on America’s doorstep.
Venezuela’s economic collapse has been making headlines for more than a year. Oil prices plummeted, and price controls led to shortages of basic staples like food and medicine.
The consequences of Big Oil’s exploding debt
How do you ride out low oil prices and still pay dividends and CEO salaries? You double down on debt, apparently.
Nissan revolution: Could new gas engine make diesel obsolete?
Japanese automaker Nissan Motor Co. has come up with a new type of gasoline engine it says may make some of today’s advanced diesel engines obsolete.
Time to repeal U.S. oil and gas tax breaks
Advocates for reform argue the preferences hinder climate goals and waste $4 billion a year. Defenders of the tax preferences argue that repealing them would decimate domestic oil and gas production, jeopardizing U.S. energy security, jobs, and the economy.
California bill would require more zero-emissions cars
With the extension of California’s landmark climate change law stalled, a legislative plan is emerging to significantly up the ante on California’s commitment to electric vehicles by requiring that 15 percent of all new automobiles be emission-free within a decade.
Islamic State oil commander killed in airstrike
A commander in charge of oil for the Islamic State was killed in operations led by multilateral forces near the Syrian border, the Kurdish government said.
