The Trump administration will formally lay out a plan as early as next week to revisit strict fuel-economy standards that had been set in motion under President Barack Obama, according to Andrew Wheeler, the new acting head of the Environmental Protection Agency.
Oil gained more than 20 percent in the first half of 2018, and odds have been rising that higher crude oil prices will spark the next economic downturn.
Oil prices could spike as high as $200 per barrel over the next 18 months, which would cause an “economic crash of horrible proportions,” according to a new report.
Iran will react with equal countermeasures if Washington tries to block its oil exports, the foreign ministry said on Tuesday, while the Islamic Republic’s armed forces chief said U.S. threats would draw an “unimaginable and regrettable” reaction.
The Interior Department has commissioned an expedited environmental review of the impact of leasing part of the Arctic National Wildlife Refuge for oil and gas drilling, according to a document released under the Freedom of Information Act.
With the Trump administration set to weaken Obama-era fuel economy standards for passenger cars and trucks, a chasm is opening between red and blue states.
California and 14 other states sued the U.S. Environmental Protection Agency over its decision to suspend an Obama-era rule aimed at limiting pollution from trucks.
Saudi Arabia’s representative to OPEC on Thursday said the kingdom’s oil exports will be little changed this month, a blow to President Donald Trump, who is depending on his allies in Riyadh to put more barrels on the market to tame fuel prices.
Germany has said 1,050 owners of the Tesla Model S must forgo a 2,000 euro electric car subsidy because the value of their vehicles surpasses an eligibility threshold.
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.
Trump administration to freeze Obama-era fuel standards for cars, light trucks
The Trump administration will formally lay out a plan as early as next week to revisit strict fuel-economy standards that had been set in motion under President Barack Obama, according to Andrew Wheeler, the new acting head of the Environmental Protection Agency.
Risks are rising that oil prices will cause next recession
Oil gained more than 20 percent in the first half of 2018, and odds have been rising that higher crude oil prices will spark the next economic downturn.
The regulation that could push oil to $200
Oil prices could spike as high as $200 per barrel over the next 18 months, which would cause an “economic crash of horrible proportions,” according to a new report.
Iran plans to respond in kind if U.S. blocks oil exports
Iran will react with equal countermeasures if Washington tries to block its oil exports, the foreign ministry said on Tuesday, while the Islamic Republic’s armed forces chief said U.S. threats would draw an “unimaginable and regrettable” reaction.
Drilling in Arctic National Wildlife Refuge to get fast review
The Interior Department has commissioned an expedited environmental review of the impact of leasing part of the Arctic National Wildlife Refuge for oil and gas drilling, according to a document released under the Freedom of Information Act.
5 things to watch as the Trump administration weakens car rules
With the Trump administration set to weaken Obama-era fuel economy standards for passenger cars and trucks, a chasm is opening between red and blue states.
California sues over Trump halt to truck pollution rule
California and 14 other states sued the U.S. Environmental Protection Agency over its decision to suspend an Obama-era rule aimed at limiting pollution from trucks.
60 reasons Trump worries about pump prices
Pushed by the tweeter-in-chief, Saudi Arabia has executed a supertanker-size U-turn, pushing barrels back onto the market.
Setback for Trump: Saudi Arabia won’t export much more oil this month, official says
Saudi Arabia’s representative to OPEC on Thursday said the kingdom’s oil exports will be little changed this month, a blow to President Donald Trump, who is depending on his allies in Riyadh to put more barrels on the market to tame fuel prices.
Germany forces 1,050 Tesla owners to forgo electric car bonus
Germany has said 1,050 owners of the Tesla Model S must forgo a 2,000 euro electric car subsidy because the value of their vehicles surpasses an eligibility threshold.