This $65 billion oil opportunity will never be tapped
Western Europe’s biggest oil and gas producer, Norway, is also one of the countries that is most self-congratulatory on its climate action, electric cars sales, and green policies.
Landon Hall has more than 20 years of experience as a reporter and editor, including a decade at The Associated Press in Portland, Oregon, and New York City. From 2009 to 2014 I covered health issues at the Orange County Register. He’s a fan of Angels baseball, O.C.’s dog-friendly beaches and fuels that don't make people ill. Tweet him @LandonHall.
Western Europe’s biggest oil and gas producer, Norway, is also one of the countries that is most self-congratulatory on its climate action, electric cars sales, and green policies.
U.S. producers are seen pumping away, even with the price of West Texas Intermediate crude lingering below $50 as barrel, according to the latest government estimates.
American ethanol now replaces more than 500 million barrels of imported oil annually and shields drivers from price manipulation by hostile forces within the Organization of the Petroleum Exporting Countries (OPEC).
Tesla Inc is developing a long-haul, electric semi-truck that can drive itself and move in “platoons” that automatically follow a lead vehicle, and is getting closer to testing a prototype.
In early 2016, electric vehicle company Faraday Future celebrated a deal with the state of Nevada—in exchange for building a $1 billion factory that would eventually employ up to 4,500 people, the company would get $335 million in tax cuts from the state.
Venezuelan homemaker Carmen Rondon lives in the country with the world’s largest oil reserves, but has spent weeks cooking with firewood due to a chronic shortage of home cooking gas – leaving her hoarse from breathing smoke.
Venezuela’s unraveling socialist government is increasingly turning to ally Russia for the cash and credit it needs to survive – and offering prized state-owned oil assets in return, sources familiar with the negotiations told Reuters.
Evidence is piling up that this cheating was not the result of misunderstandings of regulatory requirements, or honest mistakes by some engineers, but well-thought-out corporate strategies.
Mazda announced its new Sustainable Zoom-Zoom 2030 initiative. Dumb marketingspeak name aside, this is Mazda’s general plan to make its cars more efficient while still keeping Mazda’s fun-to-drive character.
In the energy industry, Hilcorp has built a reputation for fast growth, big profits and making people rich.
Fuel Freedom is a non-profit with a simple mission: break America's oil addiction by bringing competition to the U.S. transportation fuel market.
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