Oil prices volatile as investors gauge dispute between Iran and Saudi Arabia
Oil prices rose sharply on Monday before reversing course amid a growing sectarian conflict between Saudi Arabia and Iran.
Americans may pay $1.6 billion less for holiday gasoline this year
Plunging oil prices that may bring U.S. holiday travelers $1.6 billion in fuel savings remain a mixed bag in Houston, which will share in that gift even as forecasts portend a bleak Christmas and uncertain New Year for the city’s oil industry.
Experts: It’ll take much more than low oil prices to hurt ISIS
Oil prices have now fallen below $35 for the first time since 2007, but experts say low oil prices may serve the terrorist network’s goals.
RFA analysis: Uptick in number of automakers approving E15 in new vehicles
An analysis of model-year 2016 warranty statements and owner’s manuals shows that auto manufacturers explicitly approve E15 use in more than 70 percent of new vehicles. This is up from 2015, when just over 60 percent of MY 2015 automobiles were clearly approved for E15.
Canada’s natural gas future linked to hydrogen innovation
You may not have noticed it on your heating bill yet but oil isn’t the only fossil fuel that is getting cheaper these days.
Four more years of cheap oil, OPEC says
The OPEC oil cartel sees only a gradual improvement in the global crude market, with prices recovering to above $70 per barrel after four years, according to a report released Wednesday.
Musk: Don’t fine Volkswagen, make it produce zero-emissions cars
Tesla CEO Elon Musk has joined several other industry heavyweights urging California to change its response to the Volkswagen emissions scandal.
There is a downside to cheap oil. Really.
The upshot is that low oil prices aren’t something to celebrate. Over time, long investment horizons tend to generate boom and bust cycles in oil production and prices. But if prices remain low for too long, that will hurt efforts to address climate change, especially in the U.S., where citizens largely oppose raising oil taxes.
Big investors predict catastrophe for oil industry
Some of the most respected investors around are sounding dire warnings on the implications of low oil prices for the energy industry.
Edmonton company turns trash into biofuel
Most people don’t give much thought to where their garbage goes once it’s in the trash. But an innovative new facility might give Edmontonians a reason to pay attention − maybe even brag.
