While American consumers were taking advantage of low gas prices to buy trucks and sport utility vehicles in large numbers, some automakers delayed investing in slower-selling electrified vehicles.
Crude oil production in February from seven major US shale plays is expected to fall 116,000 b/d to 4.83 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report.
Volkswagen AG’s work to overcome the emissions-cheating scandal was set back after the California Air Resources Board rejected its proposed engine fix, just a day before Chief Executive Officer Matthias Mueller meets regulators to discuss ways out of the crisis.
There aren’t many people who feel bad for oil companies. But the implosion in oil prices — which briefly pushed the price of crude below $30 a barrel Tuesday for the first time since 2003 — is causing a profit decline that almost invokes pity.
The oil bust that has cost the United States roughly 70,000 energy jobs has become more severe than any downturn in 45 years, Morgan Stanley said Monday, as crude prices fell a sixth day.
The amount of oil hauled on US railways has declined steeply in the past year as refineries swallow more foreign supplies in the face of falling domestic crude output.
People loved to leave this town. Kids grew up and got out. Take me to Minot, they would say. To Fargo or Bismarck. Anywhere but this emptiness. Then the boom began and the world came to them.
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.
The candidates and media are getting the Iowa ethanol debate all wrong
What’s going on? It’s a wonky topic, but it’s really not as complicated as it may seem — so stick with us.
Automakers go electric, even if gas is cheap
While American consumers were taking advantage of low gas prices to buy trucks and sport utility vehicles in large numbers, some automakers delayed investing in slower-selling electrified vehicles.
EIA: U.S. shale oil output to decline 116,000 b/d in February
Crude oil production in February from seven major US shale plays is expected to fall 116,000 b/d to 4.83 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report.
Volkswagen fix rejected by California Air Resources Board as setbacks grow
Volkswagen AG’s work to overcome the emissions-cheating scandal was set back after the California Air Resources Board rejected its proposed engine fix, just a day before Chief Executive Officer Matthias Mueller meets regulators to discuss ways out of the crisis.
Oil briefly dips below $30; $124 billion in oil company profits lost
There aren’t many people who feel bad for oil companies. But the implosion in oil prices — which briefly pushed the price of crude below $30 a barrel Tuesday for the first time since 2003 — is causing a profit decline that almost invokes pity.
Can the 2017 Pacifica hybrid minivan re-energize Chrysler?
Chrysler is dropping the venerable “Town & Country” name in an effort to get away from the stigma attached to the minivan as a uncool vehicle.
Worst oil bust in 45 years brings U.S. crude below $31 a barrel
The oil bust that has cost the United States roughly 70,000 energy jobs has become more severe than any downturn in 45 years, Morgan Stanley said Monday, as crude prices fell a sixth day.
Drivers filling up on $2 gas aren’t worried about fuel efficiency
American drivers are turning their backs on better mileage.
Oil trains sidelined by deepening slump in U.S. shale
The amount of oil hauled on US railways has declined steeply in the past year as refineries swallow more foreign supplies in the face of falling domestic crude output.
In North Dakota, an oil boomtown doesn’t want to go bust
People loved to leave this town. Kids grew up and got out. Take me to Minot, they would say. To Fargo or Bismarck. Anywhere but this emptiness. Then the boom began and the world came to them.