The Organization of the Petroleum Exporting Countries, plus Russia and nine other producers, have cut overall output by about 1.8 million bpd since January. The pact runs to March 2018, but the producers are considering extending it.
Corporations, unions and other interests spent $86.2 million on lobbying state government during the last quarter, with the oil industry leading the way as the Legislature approved an extension of California’s cap-and-trade program.
The just-unveiled Republican tax bill will eliminate a $7,500 federal tax credit for electric vehicles, and that would be Terrible news for Tesla. Shares of the automaker, already down after its earnings report, fell sharply on the news.
All eyes are on whether Tesla can mass produce the new Model 3 sedan as promised, but reports as of late indicate production holdups and delays far greater than anticipated.
Gasoline demand in the United States reached the highest level on record in August this year, at 9.77 million bpd, or up by 83,000 bpd from August 2016.
In their worst moments, the victims’ faces are blue. Their skin is cool and damp to the touch.
Climate change is already affecting the health of populations around the world, but things are set to get worse if adequate changes aren’t made, according to an international consortium of climate experts.
Mention oil spills, and images of birds coated in black slime and a shiny slick on the ocean’s surface come to mind. But not all oil spills are the same.
A late-spring poll showed robust public displeasure at the tax increase, and that was evident this week at gas stations up and down Broadway in Sacramento.
Researchers say a combination of human activities and the El Niño weather phenomenon drove CO2 to a level not seen in 800,000 years.
