OPEC members are reportedly forming a consensus around extending their production cutting deal with other crude exporters by nine months, a move that would help to put a floor under oil prices.
“There’s a tension in oil and gas law between allowing private property owners to develop their mineral estates on their own and the state’s desire to ensure that ultimate recovery of oil and gas is maximized.”
Firing hundreds of workers all at once is rare, at least in the auto industry. But Tesla Inc. does things differently.
Oil prices rose on Monday, fueled by jitters about a disruption in supplies after government forces in Iraq moved on the Kurdish-held city of Kirkuk and on oil installations seized by the Kurds in 2014.
This week some comments from OPEC Secretary General Mohammed Barkindo signaled that OPEC may not understand how the U.S. oil industry functions.
Whatever the cost, by whatever means, people need to stop driving internal combustion (ICE) cars. In that earthly scenario, Norway is a sort of heaven.
Some experts project electric vehicles could make up more than half of car sales by 2040, projections that GM, Ford, Volkswagen, Chinese automakers, and others are taking seriously all of a sudden.
The coal industry and its allies in the Trump administration have recently devoted considerable energy to arguing that subsidies to renewable energy have distorted energy markets and helped drive coal out of business.
U.S. oil output remains robust and may still surpass the record annual average of 9.6 million barrels a day, set in 1970. But companies, confronting technological, operational and financial obstacles, are starting to ease up on drilling.
Dan McTeague drives a 2012 Ford Escape. His brother-in-law owns a 2017 model. They get similar performance. One difference: The newer vehicle is a lot more expensive to drive because it requires premium gasoline.
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.