Big Oil quietly pushes change to new carbon law
Some of America’s biggest energy companies are lobbying Washington to change — critics say weaken — oversight of a federal tax credit going to facilities capturing carbon emissions.
Tesla expands its Model 3 offerings — at a steep price
In his grand goal to bring electric driving to the masses, Elon Musk has been doing his best Henry Ford impression. To date, that has included his own take on Ford’s famed quip: “Any customer can have a car painted any color that he wants so long as it is black.”
Farmers worldwide struggle with rising fuel costs
The agricultural sector from the United States to Russia, and Brazil to Europe, is seeing profits harmed by the rise in diesel prices. The global oil benchmark, Brent crude LCOc1, touched $80 a barrel for the first time since late 2014 on Thursday.
How an ‘oil price shock’ will hurt the U.S. economy
A sustained oil price shock where crude oil prices remain at peak levels would be significant.
All the reasons crude oil might go back to $100 a barrel
There is a risk that oil prices could hit $100 per barrel next year for the first time since 2014, according to new research from Bank of America Merrill Lynch.
Consumer Reports says it found ‘big flaws’ with the Tesla Model 3 and won’t recommend it
The Tesla Model 3 has been billed as Tesla’s mass-market, affordable electric sedan, but with a bunch of fancy options, the car can easily get into the high $70,000-range.
Investors urge fossil fuel firms to shun Trump’s Arctic drilling plans
Companies extracting oil and gas from the wilderness area in Alaska would face “enormous reputational risk and public backlash”, the investors say in a letter sent to 100 fossil fuel companies and the banks that finance them.
Electric vehicles reduce stress for drivers, says new brain monitoring study
The quieter driving environment of an electrically driven vehicle can have significant mental health benefits, according to a new brain monitoring study.
Earth just had its 400th straight warmer-than-average month thanks to global warming
It was December 1984, and President Reagan had just been elected to his second term, Dynasty was the top show on TV and Madonna’s Like a Virgin topped the musical charts. It was also the last time the Earth had a cooler-than-average month.
Asia oil bill to top $1 trillion a year as crude hits $80
The cost of Asia’s growing thirst for oil will surpass $1 trillion this year, about twice as much as in 2015 and 2016, as oil prices touch $80 per barrel and continental demand hits a record.
