U.S. oil output will decline in 2016 for the first time in eight years as producers slash spending, the Organization of the Petroleum Exporting Countries said Monday, while the producer group continues pumping at high levels.
The hunt for new stores of oil and gas has been dramatically curtailed amid a global crude slump, with exploration budgets at the largest oil companies cut in half from their peak levels in 2013, according to a new analysis.
Cutting ozone, the lung-damaging gas in smog, to federal health standards while meeting state targets to cut greenhouse gas emissions will require a radical transformation of California’s transportation sector over the next two decades, air quality officials and experts say.
Oil executives are warning of a “dramatic” decline in U.S. production that could pave the way for a future spike in prices if fuel demand increases
The claim that such a small number of people could have pulled off such a massive fraud brought immediate skepticism from lawmakers and industry experts.
Luckily these warnings have come far before any real-world auto hacks with flesh-and-blood consequences.
NASA’s largest awards of this round of funding went to MIT and Wyle Laboratories, a research contractor in Virginia, to investigate the environmental impact of commercial supersonic flight and how turbulence affects sonic booms, respectively.
Chelsea Edwards, a volunteer campaigner with Divest London, explained why she was standing in the rain to scream at attendees of the black tie event: “We’re here because the annual oil and money conference is on, [and] it’s a grotesque reminder of how much oil companies are not heeding the warning of global warming.”
The president of Volkswagen’s American unit came under withering criticism on Thursday at a congressional hearing looking into the automaker’s admission that for years it knowingly skirted federal emissions standards.
Brown tried for an even stronger measure that would have also directed state regulators to enforce a 50 percent drop in petroleum use in the next 15 years, but oil interests defeated that part of the package.
