Goldman Sachs: It looks like demand for Teslas has peaked
Demand for Tesla’s Model S sedan and its Model X SUV appears to have peaked, Goldman Sachs analysts said as they downgraded their outlook for the company.
Tesla’s Model 3, its mass-market car, expected to roll off factory floor Friday
Drivers will be able to get behind the wheel of Tesla’s new Model 3 at the end of the month, the company’s chief executive announced early Monday in a series of tweets.
Have oil prices stopped plunging?
Crude oil prices plunged to $42 a barrel last week, sinking into a bear market amid renewed concerns about a massive supply glut that just won’t go away. Some even feared a return to the sub-$30 prices that spooked global investors early in 2016.
Perry promises new age of American ‘energy dominance’
“For years, Washington stood in the way of our energy dominance, and that changes now,” Perry said. “An energy-dominant America means a self-reliant, a secure nation, free from geopolitical turmoil of other nations who seek to use energy as an economic weapon.”
The end of OPEC is near
Though cracks have been developing in the cartel since the start of the current oil crisis, the group has managed to stay together so far. Nevertheless, the success of the current OPEC deal for production cuts will decide its future as a cartel.
Premium gas is now half a buck more than regular and it’s only getting worse
Premium gas runs about 50 cents more than regular these days, and you may have noticed that this seems to be much more expensive than it used to be. You’re not crazy, as the U.S. Energy Information Administration would like you to know.
Trump to call for U.S. ‘dominance’ in global energy production
Donald Trump will tout surging U.S. exports of oil and natural gas during a week of events aimed at highlighting the country’s growing energy dominance.
Trump pledges support for ethanol even as administration stokes uncertainty
President Donald Trump reaffirmed his support for the U.S. ethanol industry in an Iowa speech Wednesday, even as his administration stokes uncertainty by considering last-minute changes to the way it mandates domestic consumption.
Here’s how to get more ethanol at a gas station near you
For nearly a decade now, most gasoline sold in the U.S. has contained 10 percent ethanol. This allowed us to do away with toxic additives like BTEX and reduce our dependence on foreign oil.
OPEC took aim at U.S. oil producers, but hurt itself, too
Picture a three-year-old tug of war waged across the globe that leaves both sides wobbly and scarred but unmoved. That’s one way of looking at the high-stakes competition between the world’s big oil exporters and the companies drilling in American shale fields.
