Green power is cheap enough to compete with fossil fuels and will buck the trend of falling investment in oil and gas as it can offer long-term returns sheltered from political risk, investors and industry analysts say.
Oil futures rebounded Thursday afternoon after The Wall Street Journal reported OPEC members might be ready to cooperate on a cut, citing UAE Energy Minister Suhail bin Mohammed al-Mazrouei.
The ethanol mandate requires gasoline companies to do something that, at the moment, they’d do anyway. The reason, in a word, is octane.
You asked for it, so you got it! GasBuddy announced a new feature today that allows drivers to find the closest station offering E85, as well as report and compare those prices.
Although oil markets are bankrupting producers and draining government coffers from Moscow to Riyadh, plummeting costs are filling the pockets of ordinary consumers this year, right? Um, wrong, at least in California, where state government helps the refining industry keep gasoline prices aloft for months at a time.
There’s an unusual new entry to the long list of reasons why Californians spent the last year paying significantly more for gasoline than other U.S. drivers: a mystery ship.
As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis.
Oil prices were down 2 percent on Monday as supply overhang concerns grew after a Saudi-Venezuela meeting at the weekend showed few signs of coordination to boost prices.
Current bargains at the gasoline pump make now an ideal time for the United States to increase its investment in clean energy through a tax on crude oil, President Barack Obama said Friday.
With oil hovering at $30 a barrel and gasoline below $2 a gallon, the pleasure of lower fuel prices is turning painful for more of the U.S. economy.
