Americans waste $2 billion a year on pricey premium gas
Americans wasted over $2 billion last year putting expensive premium gasoline into cars that don’t need it, the automobile ownership group AAA said Tuesday.
Why the bankruptcy wave in oil and gas isn’t over yet
The bankruptcy wave that’s been washing through the U.S. oil and gas industry is far from over, according to a fresh report by debt specialists at Debtwire. But there is some good news, as well, for a change: the speed of this wave is slowing down,
Gas prices surge in South after pipeline leak
Gasoline prices increased again across the Deep South on Monday, 10 days after the discovery in Alabama of a pipeline rupture that threatened fuel supplies and prompted worries about environmental contamination.
OPEC ‘very close’ to agreement to stabilize market, Maduro says
OPEC members are close to reaching an agreement on how to stabilize the market, Venezuelan President Nicolas Maduro said after speaking to his counterparts from Iran and Ecuador.
CAFE rules should stay as they are, auto-industry suppliers agree
The lobbyists for automakers have made their views on the CAFE standards through 2025 quite clear. The majority of carmakers would prefer to see those standards relaxed, delayed or altered. But carmakers aren’t the only powerful voices in the auto industry.
Why do oil trains derail more often than ethanol trains?
“Sloshing is an issue. It increases in-train forces. It would be like having a heavy box in the back of your SUV that is not tied down. If you have to slam on the brakes, what happens? The box slides forward into the back of the seat in front of it.”
Saudi Arabia is buying up America’s oil assets
Saudi Arabia might soon gain control of two major Texas refineries — proving, once again, that American energy independence is impossible.
Trump biofuel proposals echo those of backer Icahn
Republican Presidential candidate Donald Trump on Thursday appeared to weigh into a debate over a controversial U.S. biofuels program with a proposal that would back the position of billionaire investor Carl Icahn, one of his wealthiest backers.
Alabama, Georgia declare state of emergency after pipeline spill
Alabama Gov. Robert Bentley issued an executive order Thursday declaring a state of emergency in Alabama over concerns about fuel shortages in the wake of a gasoline pipeline spill that released about 250,000 gallons of gasoline and shut down a major pipeline connecting refineries in Houston with the rest of the country.
How did GM create Tesla’s dream car first?
A first affordable long-range electric car, which I drove last month and which blew my mind, is not a Tesla.
