OPEC, keeping quotas intact, adjusts to oil’s new normal
The Organization of the Petroleum Exporting Countries agreed to keep the oil pumping, with no change in its production quotas, at the group’s meeting in Vienna on Friday.
The Organization of the Petroleum Exporting Countries agreed to keep the oil pumping, with no change in its production quotas, at the group’s meeting in Vienna on Friday.
Those of us from states that produce ethanol and biodiesel are used to the attacks. We always fight back, and producers continue to do their best to develop the next generation of clean biofuels. Consumers like biofuels. The idea of a homegrown product that reduces emissions harmful to the environment and brings the United States freedom from volatile oil-producing countries is appealing.The EPA should know this.
Hydraulic fracturing has contaminated some drinking water sources but the damage is not widespread, according to a landmark U.S. study of water pollution risks that has supporters of the drilling method declaring victory and foes saying it revealed reason for concern.
A pipeline rupture that spilled an estimated 101,000 gallons of crude oil near Santa Barbara last month occurred along a badly corroded section that had worn away to a fraction of an inch in thickness, according to federal regulators.
Elon Musk says his companies don’t need the estimated $4.9 billion they enjoy in government support, but the money will help them move faster to transform the dirty business of energy.
As OPEC ministers meet in Vienna this week they’ll be debating whether the strategy that’s upended oil markets is working.
U.S. shale oil producers, having weathered the worst price plunge in their industry’s brief history, now face a dilemma: whether to stay in a defensive crouch after slashing their rig fleets, or start drilling more wells to capture a partial recovery in prices.
Renewable fuels and farm groups criticized the U.S. Environmental Protection Agency’s proposed rules setting how much ethanol and biodiesel should be blended into the nation’s fuel supply.
After years of delay, the Environmental Protection Agency finally got its ethanol-mandate program back on track. And right on schedule, the outrage poured in from all sides.
It is our hope that President Obama – who took his first trip after being nominated for president to a Pennsylvania biodiesel plant – will hear our voices and instruct the EPA to follow through on diversifying U.S. transportation fuels.