President Donald Trump reaffirmed his support for the U.S. ethanol industry in an Iowa speech Wednesday, even as his administration stokes uncertainty by considering last-minute changes to the way it mandates domestic consumption.
Norway offered a record number of blocks for oil and gas exploration in the Arctic Barents Sea on Wednesday, brushing off concerns about the risks of drilling in the remote, icy environment.
What’s the right way to think about the long-term price of oil? This question consumes the industry — and markets — no matter what prices are on any given day.
Imagine you’re leaving Washington, D.C., for a weekend getaway on May 30. You pull into a Sheetz station and notice there’s a new fuel option. It’s 88-octane, 10 cents cheaper, and the fuel label tells you it’s E15 (15 percent ethanol) and suitable for use in all vehicles made in 2001 or later.
Jennifer Merritt’s first graders at Jefferson elementary school in Pryor, Oklahoma, were in for a treat. Sitting cross-legged on the floor, the students gathered for story time with two special guests, Republican lawmakers Tom Gann and Marty Quinn.
During the first four months of 2017, the U.S. exported three times more crude oil to international counterparties than during the same timeframe in 2016. Including shipments to Canada, exports of crude oil exceeded 1.0 million barrels per day (bpd) in both February and April.
Ah, Texas, the state that was formerly a nation and continues to do things slightly differently. Its politics is bare-knuckle, its hats are big, and so are its ranches. It also generates more renewable wind energy than any other state in the union. Its auto-dealer lobbyists, however, are equally large and powerful.
ExxonMobil executives would be wise to worry about the explosive growth of Tesla, which this year surpassed both Ford and General Motors as America’s most valuable car maker.
Danish electric car sales have faceplanted down 60.5 percent so far this year compared to last. All that’s changed is that the country killed one of the biggest tax breaks in the world for EVs.
Top officials and executives from major oil-producing countries and leading companies said President Trump’s decision to pull out of the Paris climate accord was unlikely to have a major effect on efforts to reduce carbon emissions, as technological advances make cleaner forms of energy more economically viable.
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.