A sustained oil price shock where crude oil prices remain at peak levels would be significant.
There is a risk that oil prices could hit $100 per barrel next year for the first time since 2014, according to new research from Bank of America Merrill Lynch.
The Tesla Model 3 has been billed as Tesla’s mass-market, affordable electric sedan, but with a bunch of fancy options, the car can easily get into the high $70,000-range.
The Fuel Freedom adviser said the U.S. should brace itself against expected higher prices at the pump by using more resources for fuel we have at home. “Why should we have to worry about international oil when we have so much domestic energy in our own country?”
Grassley’s protest comes amid mounting farm-state frustration with the EPA’s management of the Renewable Fuel Standard that compels refiners to use biofuel such as corn-based ethanol. Iowa is a top producer of both corn and ethanol.
President Donald Trump pressed automakers to build more cars in the U.S. during a meeting Friday with representatives from top international car manufacturers, including CEOs from all of the Detroit Three.
U.S. drivers who’ve noticed higher prices at the pump may be tempted to blame Trump’s Iran decision, but it’s only one factor at play right now.
The U.S. is giving its allies 180 days to extricate themselves from Iranian oil deals, making explicit its desire to start curbing the nation’s crude exports quickly in a bid to go after Tehran’s economic lifeline.
A new AAA survey finds 20% of Americans say their next vehicle will be an electric car. That’s up from 15% in 2017, the first time that AAA asked the question.
With President Donald Trump threatening to pull out of the Iran nuclear deal, fears are growing that pulling Iranian crude off the market could send oil markets skyrocketing.
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.