Could the Middle East’s dispute involving Qatar and several of its neighbors lead to higher prices at a pump near you? Absolutely. Read more
Our over-reliance on oil has dangerous consequences. When you pay at the pump, your hard-earned cash isn’t just going to oil companies — it also fills the pockets of terrorists and hostile regimes that harbor dangerous ideologies. Read more
It’s more than you think.
The military isn’t put off by the high price of hydrogen-fueled vehicles and their lack of charging infrastructure.
How is that possible? Let’s break it down.
Today, there are approximately 1.1 billion light-duty vehicles in use around the world.
About 1.2 million, or 0.1 percent of the global fleet, are all-electric or plug-in hybrids. More than 1 billion of those vehicles run on gasoline and diesel-powered internal combustion engines.
Seriously, if we made all our fuel in America we could create not just thousands, but potentially millions of jobs. What gives? Read more
Regardless of the outcome of the meeting on 30 November, the future of OPEC looks uncertain. The organisation is facing a perfect storm, squeezed as it is between the revolution in shale oil, which has increased global supply and brought down prices, and the prospect of a global peak demand, and falling costs of alternatives.