Oil refiners are manipulating California gas prices, consumer advocates say
Filling up at the pump is often painful in California, where drivers tend to pay more for gasoline than in most other states.
Shale drillers’ safety net is vanishing
The insurance protecting shale drillers against plummeting prices has become so crucial that for one company, SandRidge Energy Inc., payments from the hedges accounted for a stunning 64 percent of first-quarter revenue. Now the safety net is going away.
BP reaches $18.7 billion settlement over deadly 2010 spill
BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history
California approves $373 million in clean-vehicle grants
The California Air Resources Board has approved $373-million in grants to bolster alternative-fuel vehicles, including fleet-eligible rebates for low- and zero-emission passenger vehicles, the board announced.
Hybrid, EV sales have tumbled in 2015
Sales of hybrid and electric vehicles fell sharply in the first half of 2015, hurt by low gas prices, fewer incentives and a broader market shift away from cars.
To understand what we’re doing to the planet, you need to understand this gigantic measurement
The gigantic Greenland ice sheet, which is facing rapidly rising Arctic temperatures, is also contributing, and at least for now, appears to be throwing off much more ice than Antarctica.
U.S. crude prices tumble most since April on surprise stock build
U.S. crude prices fell 4 percent on Wednesday, posting their biggest daily drop since April after oil stockpiles in the United States rose for the first time in more than two months.
Al Qaeda’s next target: American oil tankers
The group’s newest publication talks about attacking U.S. supertankers and screwing up the oil supply chain.
California issues toughest-in-the-nation fracking rules
State officials on Wednesday formally adopted new rules governing hydraulic fracturing in California, setting in motion some of the toughest guidelines in the nation for the controversial oil extraction practice.
Six states will raise their gasoline taxes Wednesday
On Wednesday July 1, six states will raise their gasoline tax rates. While some drivers may view this as an unwelcome development, the reality is that most of these “increases” are simply playing catch-up with inflation after years (or even decades) without an update to the gas tax rate
