What’s The Buzz?
A new Republican bill introduced Tuesday would completely repeal the federal mandate to blend ethanol into the nation’s gasoline supply.
Oil’s dramatic price changes seem baffling. In mid-2014, crude prices averaged around $100 a barrel; now, they’re gyrating between $50 and $60. Over the same period, U.S. gasoline prices have dipped from more than $3.50 a gallon to around $2.50. With the world economy slowly recovering, why have prices collapsed?
The solution doesn’t require significant engine conversion; it doesn’t require futuristic technology or not-yet-available innovation. It merely requires taking the blinders off, and the gags out of public officials’ mouths to inform the public that they should use more ethanol in their gasoline-powered vehicles, and ethanol-based bio-diesel in their diesel-powered vehicles.
The past year has brought a welcome surge in investment and growth for the renewable energy industry — with one very large exception: biofuels.
OPEC is producing one million barrels more than the official target OPEC ministers agreed to last week.
In coming years, presuming no substantial geopolitical shocks, oil demand will struggle to keep pace with oil supply, keeping pressure on oil prices.
The Environmental Protection Agency issued a draft finding that, if finalized, would trigger federal rules to curtail greenhouse gas emissions from U.S. commercial aviation.
The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields.
The shale oil boom that turned the U.S. into the world’s largest fuel exporter and brought $3 gasoline back to America’s pumps is grinding to a halt.
The bosses of the four biggest polluting companies in history talking about how they can help solve global warming may seem like the height of hypocrisy.