U.S. advisory panel pushes for lower offshore oil royalties
Oil executives urged the Trump administration to slash the rates their companies pay to harvest natural gas and crude from beneath U.S. waters.
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Another break for Foxconn? EPA office led by Gov. Walker’s former aide to decide smog pollution rules
Armed with years of air quality testing and other evidence, the U.S. Environmental Protection Agency tentatively concluded late last year that most of southeast Wisconsin needs to take more aggressive action to reduce lung-damaging smog.
Gas prices this summer are expected to hit a four-year high
Gas prices this summer are expected to be the most expensive since 2014, closing in on $3 per gallon, according to a new report from the Oil Price Information Service.
Trump said to consider biofuel plan between Icahn, ethanol group
Billionaire investor Carl Icahn and the leading U.S. biofuel trade group provided a deal to the Trump administration for revamping the Renewable Fuel Standard that would give both parties a long-sought change to the regulation.
A gas tax hike would generate $840 billion, add 1.2 million EVs, cut 1.3 billion barrels fuel use
For 25 years the United States federal fuel user fee (aka the “gas tax”) has remained stagnant, even as vehicle miles traveled accelerated and crumbling transportation infrastructure needs accumulated.
NHTSA may drastically reduce fuel economy requirements
Unfortunately for automakers, trucks and SUVs are more popular than they’ve ever been. Meanwhile, diesels have fallen out of favor with U.S. customers, and plug-in hybrid sales have yet to really take off.
Electrification, autonomy won’t gain widespread adoption for decades, CAR study says
Although most major automakers are pouring billions into electrification and autonomy, the Center for Automotive Research predicts those investments could slow in the coming years and that such vehicles will represent only a fraction of sales a decade from now.
Exxon sues the suers in fierce climate-change case
As climate-change lawsuits against the oil industry mount, Exxon Mobil Corp. is taking a bare-knuckle approach rarely seen in legal disputes: It’s going after the lawyers who are suing it.
The world spends $400 billion propping up oil companies. Is that bad?
In the thrilling world of multinational industrial policy, it’s about as high-stakes a fight as you can get.
Higher federal gasoline tax likely dead on arrival
Putting another 25 cents on the consumer price for gasoline, as proposed by the Trump administration, could be political suicide, a market analyst said.
