Moniz: We need more flex-fuel vehicles
“I personally feel that we need to have more flex-fuel vehicles that can, in fact, use different mixes of petroleum-based fuels and alcohol-based fuels.”
It’s not just Alberta: Warming-fueled fires are increasing
Alberta’s unusually early and large fire is just the latest of many gargantuan fires on an Earth that’s grown hotter with more extreme weather.
Dennis Gartman: Here’s how the wildfire in Canada could impact oil prices
Market watcher Dennis Gartman said Tuesday that U.S. oil prices may move to a premium over Brent because of the Canadian wildfire, which is weighing heavily on North American output.
Is American oil ‘dead’? T. Boone Pickens says yes … but only for now
The billionaire oil investor recently made headlines for declaring, at a Manhattan dinner, that the industry is “dead in the water.” That said, it won’t be forever, says Pickens.
How one oil refinery explosion cost us billions of dollars at the pump
A recent study by Santa Monica–based think tank RAND Corporation concludes that ExxonMobil’s Torrance outage cost California drivers nearly $2.4 billion at the pump.
Wall Street doesn’t believe Elon Musk can produce 500,000 cars by 2018
When Elon Musk said last week that Tesla Motors aims to roll out 500,000 vehicles by 2018, plenty of folks on Wall Street immediately voiced their doubts. Add Morgan Stanley’s Adam Jonas to that list.
Power and a ‘brutal’ battle against Iran: What the Saudi reshuffle REALLY means
Saudi Arabia’s decision to replace its once-influential oil minister is being viewed widely as the latest effort of Deputy Crown Prince Mohammed bin Salman to consolidate power and pursue what one analyst has called a “brutal battle for market access against arch regional rival Iran.”
Shift in Saudi oil thinking deepens OPEC split
Events at Monday’s meeting of OPEC governors suggest that if Saudi Arabia gets its way, then one of the group’s central strategies – of managing global oil prices by regulating supply – will indeed go to the grave.
Elon Musk says cheap gas is bad for the world
Tesla CEO Elon Musk is worried that low cost oil and gasoline are “really quite bad for the world,” and “for the future.”
Study: 2025 EPA fuel-economy targets would save drivers thousands
Americans who drive could save between $3,000 and $4,200 over the life of their vehicles if the government does not reduce the 2025 fuel economy standards that could be revised by early 2018, according to a study released today by Consumers Union.
