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.
Court blocks EPA effort to suspend Obama-era methane rule
Dealing a legal blow to the Trump administration, a federal appeals court ruled on Monday that the Environmental Protection Agency cannot suspend an Obama-era rule to restrict methane emissions from new oil and gas wells.
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.
Trump says the Atlantic, Arctic could soon be open to oil drilling
A barrel of petroleum sells for less than $45, and many oil companies balk at the massive investment in equipment needed to drill offshore when the price is lower than $85, analysts say.
Air pollution exposure may hasten death, even at levels deemed ‘safe,’ study says
At a time when the Trump administration is moving to delay and dismantle air quality regulations, a new study suggests that air pollution continues to cut Americans’ lives short, even at levels well below the legal limits set by the U.S. Environmental Protection Agency.
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.
