The leaders of the world’s biggest car companies are arriving at the White House on Friday, and it may be their last chance to stop the Trump administration from a head-on collision with California.
While the climate policy world is littered with numbers, three of them have dominated recent discourse: 2, 1000, and 66.
U.S. drivers who’ve noticed higher prices at the pump may be tempted to blame Trump’s Iran decision, but it’s only one factor at play right now.
The U.S. is giving its allies 180 days to extricate themselves from Iranian oil deals, making explicit its desire to start curbing the nation’s crude exports quickly in a bid to go after Tehran’s economic lifeline.
A new AAA survey finds 20% of Americans say their next vehicle will be an electric car. That’s up from 15% in 2017, the first time that AAA asked the question.
The Iranian oil industry will continue to develop even if the United States pulls out of the 2015 nuclear deal, and Tehran would see the accord as operational as long as it can sell oil, the Oil Ministry’s news service quoted senior officials as saying on Monday.
Major automakers are telling the Trump administration they want to reach an agreement with California to avoid a legal battle over fuel efficiency standards, and support continued increases in mileage standards through 2025.
With President Donald Trump threatening to pull out of the Iran nuclear deal, fears are growing that pulling Iranian crude off the market could send oil markets skyrocketing.
March was the second best month ever on record for plug-in electric cars sales with nearly 142,000 sold (up 53% year-over-year).
Oil prices rose about 2 percent on Friday, with U.S. crude hitting its highest in more than three years, as global supplies remained tight and the market awaited news from Washington on possible new U.S. sanctions against Iran.
