Oil futures bounce on report of OPEC cut
Oil futures rebounded Thursday afternoon after The Wall Street Journal reported OPEC members might be ready to cooperate on a cut, citing UAE Energy Minister Suhail bin Mohammed al-Mazrouei.
Supreme Court’s blow to emissions efforts may imperil Paris climate accord
The Supreme Court’s surprise decision to halt the carrying out of President Obama’s climate change regulation could weaken or even imperil the international global warming accord reached with great ceremony in Paris less than two months ago, climate diplomats say.
The shocking truth about America’s ethanol law: It doesn’t matter (for now)
The ethanol mandate requires gasoline companies to do something that, at the moment, they’d do anyway. The reason, in a word, is octane.
GasBuddy announces new E85 station search feature
You asked for it, so you got it! GasBuddy announced a new feature today that allows drivers to find the closest station offering E85, as well as report and compare those prices.
Why California gasoline is so expensive
Although oil markets are bankrupting producers and draining government coffers from Moscow to Riyadh, plummeting costs are filling the pockets of ordinary consumers this year, right? Um, wrong, at least in California, where state government helps the refining industry keep gasoline prices aloft for months at a time.
Mysterious ship helped keep California gas prices high, consumer advocate says
There’s an unusual new entry to the long list of reasons why Californians spent the last year paying significantly more for gasoline than other U.S. drivers: a mystery ship.
Oil industry group’s own report shows early knowledge of climate impacts
A Columbia University report commissioned by the American Petroleum Institute in 1982 cautioned that global warming “can have serious consequences for man’s comfort and survival.”
As Big Oil shrinks, boards plot different paths out of crisis
As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis.
Oil falls with glut in focus after hopes for producer deal fade
Oil prices were down 2 percent on Monday as supply overhang concerns grew after a Saudi-Venezuela meeting at the weekend showed few signs of coordination to boost prices.
Obama: Cheap gasoline prices drove oil tax decision
Current bargains at the gasoline pump make now an ideal time for the United States to increase its investment in clean energy through a tax on crude oil, President Barack Obama said Friday.
