After suffering a plunge over the past two years, crude-oil prices are expected to drop another 15% in 2016, contributing to a decline in most food costs, the World Bank said in a report released Tuesday.
The water supply for communities in the Canadian province of Saskatchewan is threatened by an oil spill that dumped an estimated 66,000 gallons of heavy oil, along with natural gas used to dilute it, into a major river.
Air pollution kills more than 5 million people every year, yet there has been no analysis of the costs versus benefits of city cycling. Until now.
Tesla Motors Inc. is scrambling to finish building its massive $5 billion battery factory here years ahead of schedule to meet demand for its coming cheaper sedan and provide power for new types of vehicles Chief Executive Elon Musk says are under development.
The shortfall came as a shock to many analysts and observers who had long operated under the assumption that U.S. vehicle efficiency targets were effectively written in stone.
Even if the Volkswagen Group gets regulatory approval to fix some 475,000 four-cylinder diesel cars in its ongoing diesel-emissions scandal, the repaired systems could still pollute more than they originally certified under.
The Energy Information Administration (EIA) released its most recent Short Term Energy Outlook (STEO), and the forecast now calls for record U.S. gasoline consumption this year:
Oil from a Husky Energy pipeline spilled into the North Saskatchewan River upstream from Maidstone, Sask.
For any other company, this would be the time to bear down, eliminate distractions, and narrow its focus to a few core goals. For Tesla, of course, it’s just the opposite.
When you hear the word fuel, the word “oil” probably immediately comes to mind. For years, oil has been the dominant transportation fuel, but according to a new report by the firm Lux Research, the market is beginning to shift away from the commodity. Read more →
