As oil industry recovers from a glut, a supply crunch might be looming
Crude across the globe is being used up faster than it is being replaced, raising the prospect of even higher oil prices in the coming years.
Author Archive for: staff
Entries by Fuel Freedom Staff
Tesla marks the latest high-profile bet for Saudi wealth fund
Saudi Arabia’s purchase of a stake of about $2 billion in Tesla Inc. is only the latest high-profile investment by its sovereign wealth fund since 2016.
Harley-Davidson won’t be saved by its electric motorcycle plans
Most of these electric vehicles are supposed to be on the road by 2022. It won’t help the company. It has serious brand issues that it must overcome, and it’s hard to see how it will
Big Oil cheers quietly as Trump moves to ease auto standards
The Trump administration’s plan to relax fuel-economy and vehicle pollution standards could be a boon to U.S. oil producers who’ve quietly lobbied for the measure.
U.S. sanctions on Iran could push oil prices above $90 a barrel by year-end, analyst says
U.S. sanctions on Iranian crude could soon push oil prices above $90 a barrel, one oil analyst told CNBC Monday, amid heightened energy market fears of a looming supply shock.
What the EPA’s proposed fuel standards could do to your gas mileage
The NRDC calculates that the change will have the net effect of reducing the average real world fuel economy of American automobiles by about 8 miles per gallon in 2025 relative to what it would be if Obama era standards were kept in place.
States struggle to reduce CO2 emissions from transportation
States can claim some success in decarbonizing the power sector. As for limiting tailpipe emissions? They’ve barely managed to move the needle.
Tesla burns $739.5 million in cash on way to record 2Q loss
But CEO Elon Musk pledged to post net profits in future quarters, and on a conference call, he apologized to two analysts he cut off on the company’s first-quarter call. Telsa’s shares jumped 9.3 percent to $328.85 in after-hours trading.
California to sue Trump administration over car emission rollback
California’s Attorney General is preparing a lawsuit against the Trump administration’s proposal to dramatically roll back Obama-era vehicle emissions standards.
Trump unveils his plan to weaken fuel efficiency rules
The Trump administration on Thursday unveiled its long-awaited proposal to dramatically weaken an Obama-era regulation designed to limit vehicle emissions, which contribute to climate change.
