Get ready to open up your wallet a lot wider at the gas pump. A major Wall Street bank is reiterating its bullish call on crude oil, as the fossil fuel sits at four week highs following this week’s U.S. missile attack on Syria.
Last fall, as presidential candidate Donald Trump promised America more oil and coal production, a small refinery town in Northern California stood up against its biggest employer and taxpayer.
Continuing to burn fossil fuels at the current rate could bring atmospheric carbon dioxide to its highest concentration in 50 million years, jumping from about 400 parts per million now to more than 900 parts per million by the end of this century, a new study warns.
The military isn’t put off by the high price of hydrogen-fueled vehicles and their lack of charging infrastructure.
MEPs have voted overwhelmingly to ban biofuels made from vegetable oils including palm oil by 2020, to prevent the EU’s renewable transport targets from inadvertently contributing to deforestation.
Turbulence strong enough to bounce unbuckled passengers around an aircraft cabin could become three times more common as carbon dioxide levels in the atmosphere rise, experts predict.
Before they can become truly mainstream, electric vehicles must overcome a huge infrastructure problem.
Kuwait’s in the best position of major oil exporting nations in the Middle East, Africa and parts of Europe to have a balanced government budget this year with oil forecast to average $52.50 a barrel, according to Fitch Ratings Ltd.
When a freight train derailed in the Montana town of Culbertson, spilling 27,000 gallons of crude oil, investigators blamed the 2015 accident on defective or missing fasteners used to hold the tracks in place.
Hilcorp Alaska, owner of an underwater pipeline leaking natural gas into Alaska’s Cook Inlet, is now responding to a second pipeline spill in the same vicinity. That one was spewing oil.
