Since 2012 when the current fuel economy rules were put into place, new cars and trucks have made great progress in boosting fuel efficiency. Now, federal and state officials are hoping to build on this progress by finalizing new standards for model years 2022-2025.
U.S. commercial crude oil inventories declined by 14.5 million barrels during the week ending on September 2nd, according to the Energy Information Administration’s latest report.
Tesla Motors’ proposed acquisition of SolarCity is most likely to come down to whether shareholders support Elon Musk in his vision of creating a solar power juggernaut. Yet the deal also raises broader issues of how and when shareholders should vote to approve acquisitions.
Many things have gotten harder as the world settles into a protracted spell of low oil prices and sluggish growth — from avoiding deflation to creating jobs. One thing has gotten easier, as well as more urgent: eliminating fossil-fuel subsidies.
Fulcrum BioEnergy, a company based out of Pleasanton, Calif., has developed a process to convert household trash into biofuel. The company pioneered a technology that transforms municipal solid waste into low-carbon transportation fuels such as jet fuel and diesel.
The state of New York has opened the door to sell E15 with a newly proposed rule that would allow the fuel to be sold and used in vehicle models from 2001 and newer.
1. Passenger cars may not be fashionable, but they are probably the most affordable vehicles you can find.
While incremental annual gains obviously vary, there is nothing more assured than increasing global oil demand.
When a barrel of crude oil hit $145 in July of 2008, no one predicted that 8 years later it would be trading at less than $50.
Low oil and natural gas prices are proving to be a short-term ally for environmentalists and consumers but a job killer for the industry as new drilling slows in Michigan.
