What’s The Buzz?
The moment of electric car lift-off has arrived with the Model 3 obliterating all previous marks by leaps and bounds. August will be one to remember, that’s for sure. And it’s not just Model 3 sales that took off for Tesla.
Security forces clashed with the armed men at the landmark building in the centre of the city, and blasts and gunfire could be heard, witnesses say.
A Houston-based pipeline firm has been found guilty of criminal charges that it knowingly caused a catastrophic oil spill off Refugio State Beach in Santa Barbara County in 2015, killing marine mammals and sea life.
There is one issue that unites America like no other: the pursuit of genuine energy independence. Our national security demands it. Our national economy demands it.
Saudi Arabia wants oil to stay between $70 and $80 a barrel for now as the world’s biggest crude exporter strikes a balance between maximizing revenue and keeping a lid on prices until U.S. congressional elections, OPEC and industry sources said.
When the Trump Administration announced its plans to roll back fuel economy standards, one of the arguments made was that cleaner cars would result in more accidents and deaths on American roads.
There has hardly been a regulation more likely to land in court than the Safer Affordable Fuel Efficient Vehicles Rule (SAFER), proposed by the EPA and NHTSA to freeze increases in fuel economy standards passed by the Obama administration.
Oil prices rose on Tuesday as the market prepared for potential supply disruptions due to a hurricane forecast to hit the U.S. Gulf Coast, but gains were capped by a report that Cushing, Oklahoma, stockpiles rose last week.
“Black gold” has gotten a boost, as OPEC has had limited supply for the better part of two years, and Saudi Arabia has taken the brunt of those cuts to support the Saudi Aramco IPO.
How far and how long gasoline prices will fall, of course, depend on crude prices, which have rallied this week as supplies appear to tighten.