The long-term price of oil is…
What’s the right way to think about the long-term price of oil? This question consumes the industry — and markets — no matter what prices are on any given day.
Pipeline to the classroom: How big oil promotes fossil fuels to America’s children
Jennifer Merritt’s first graders at Jefferson elementary school in Pryor, Oklahoma, were in for a treat. Sitting cross-legged on the floor, the students gathered for story time with two special guests, Republican lawmakers Tom Gann and Marty Quinn.
Texas restores $2,500 electric-car purchase rebate, except for Teslas
Ah, Texas, the state that was formerly a nation and continues to do things slightly differently. Its politics is bare-knuckle, its hats are big, and so are its ranches. It also generates more renewable wind energy than any other state in the union. Its auto-dealer lobbyists, however, are equally large and powerful.
Oil has a Tesla problem. But when will it hit?
ExxonMobil executives would be wise to worry about the explosive growth of Tesla, which this year surpassed both Ford and General Motors as America’s most valuable car maker.
Oil company chiefs see little impact from U.S. quitting Paris accord
Top officials and executives from major oil-producing countries and leading companies said President Trump’s decision to pull out of the Paris climate accord was unlikely to have a major effect on efforts to reduce carbon emissions, as technological advances make cleaner forms of energy more economically viable.
Senators who urged Trump to Paris climate accord took millions from oil companies
Between them, those Republicans have received nearly $32 million in campaign contributions from the energy sector and $18 million from the oil and gas industry, records show.
Two U.S. standards for fuel efficiency: California and everyone else
California is holding its ground on tough fuel efficiency requirements for vehicles sold there, in direct opposition to President Trump ordering a review of federal standards, which would likely roll back requirements for carmakers.
Experts say U.S. leaving Paris climate deal likely wouldn’t add jobs
President Donald Trump has declared that abandoning the Paris climate agreement would be a victory for the American economy. Many economists have big doubts.
Fuel economy rules would decouple ‘miles traveled’ trend from ‘gas used’ trend
If federal fuel economy rules aren’t weakened, US drivers could consume 1.2 million fewer barrels of gasoline per day in 2025 than today. That’s the projection of the Energy Information Administration (EIA), the energy statistics branch of the US Energy Department.
Trump seeks to sell off half of the Strategic Petroleum Reserve
As part of its 2018 budget, the Trump administration is proposing to reduce by half the size of the Strategic Petroleum Reserve, a cushion against global price shocks and supply disruptions.
