One year ago, analysts at Bank of America Merrill Lynch drew a parallel between the subprime mortgage crash and the disorderly fall in the price of oil.
A new poll, commissioned by The Salt Lake Tribune and the Hinckley Institute of Politics, found that 58 percent of Utah voters support government action that would restrict emissions and improve air quality.
The head of the Organization of Petroleum Exporting Countries called on oil producers outside the group to assist in reducing the global oversupply, signaling once again that OPEC won’t make output cuts alone.
Ethanol producers may feel less pain from sinking oil prices than in previous tough times, as a government rule ensures a minimum use of the biofuel and recent consolidation gives them both financial strength and output flexibility.
Saudi Arabia outlined ambitious plans on Monday to move into industries ranging from information technology to health care and tourism, as it sought to convince international investors it can cope with an era of cheap oil.
The water crisis in Flint, Michigan, has brought the health effects of lead back into the public eye, and in a big way. In that context, it’s worth noting that lead was still a part of everyday gasoline more recently than many drivers remember.
Andrew Jones, the roads minister, said sales of ultra-low emissions vehicles (ULEVs) were “rocketing”, with 28,188 new ULEV cars on the road in 2015 – almost double the number in 2014, and more than the previous five years combined.
San Antonio-based refining company Tesoro Corp. is hoping to turn trash and other renewable resources into regular unleaded. Earlier this week, Tesoro announced that it plans to add renewable “biocrudes” to the feedstocks processed at its refineries in California.
Lithium-ion batteries are the energy source of choice for products sold by many tech companies. However, a problem with lithium-ion batteries is they have a chance of overheating and starting fires, posing a potential hazard for products powered by them like laptops, hoverboards and electric vehicles.
It has been a truism of the American economy for decades: When oil prices rise, the economy suffers; when they fall, growth improves. But the decline of oil prices over the last two years has failed to deliver the usual economic benefits.
Our Mission: Fuel Freedom Foundation is working to reduce the cost of driving your existing car or truck by opening the market to cheaper, cleaner, American-made fuel choices at the pump.
So yes, the oil crash looks a lot like subprime
One year ago, analysts at Bank of America Merrill Lynch drew a parallel between the subprime mortgage crash and the disorderly fall in the price of oil.
Improving Utah’s air might require bigger action now ‘low-hanging fruit’ is gone
A new poll, commissioned by The Salt Lake Tribune and the Hinckley Institute of Politics, found that 58 percent of Utah voters support government action that would restrict emissions and improve air quality.
OPEC’s El-Badri calls on global oil producers to help curb glut
The head of the Organization of Petroleum Exporting Countries called on oil producers outside the group to assist in reducing the global oversupply, signaling once again that OPEC won’t make output cuts alone.
Faced with cheap oil prices, biofuels industry sees no déjà vu
Ethanol producers may feel less pain from sinking oil prices than in previous tough times, as a government rule ensures a minimum use of the biofuel and recent consolidation gives them both financial strength and output flexibility.
Saudi Arabia presents plan to move beyond oil
Saudi Arabia outlined ambitious plans on Monday to move into industries ranging from information technology to health care and tourism, as it sought to convince international investors it can cope with an era of cheap oil.
Leaded gasoline taken off sale 20 years ago this month
The water crisis in Flint, Michigan, has brought the health effects of lead back into the public eye, and in a big way. In that context, it’s worth noting that lead was still a part of everyday gasoline more recently than many drivers remember.
Electric cars will become as ubiquitous as the Internet, says transport minister
Andrew Jones, the roads minister, said sales of ultra-low emissions vehicles (ULEVs) were “rocketing”, with 28,188 new ULEV cars on the road in 2015 – almost double the number in 2014, and more than the previous five years combined.
Tesoro working with partners to run crude in U.S. made from biomass
San Antonio-based refining company Tesoro Corp. is hoping to turn trash and other renewable resources into regular unleaded. Earlier this week, Tesoro announced that it plans to add renewable “biocrudes” to the feedstocks processed at its refineries in California.
Lame batteries are keeping you from better gadgets
Lithium-ion batteries are the energy source of choice for products sold by many tech companies. However, a problem with lithium-ion batteries is they have a chance of overheating and starting fires, posing a potential hazard for products powered by them like laptops, hoverboards and electric vehicles.
This time, cheaper oil does little for the U.S. economy
It has been a truism of the American economy for decades: When oil prices rise, the economy suffers; when they fall, growth improves. But the decline of oil prices over the last two years has failed to deliver the usual economic benefits.