Hundreds of Tesla workers were let go for subpar performance, the company says
Firing hundreds of workers all at once is rare, at least in the auto industry. But Tesla Inc. does things differently.
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Are the days of low oil prices receding?
Oil prices rose on Monday, fueled by jitters about a disruption in supplies after government forces in Iraq moved on the Kurdish-held city of Kirkuk and on oil installations seized by the Kurds in 2014.
OPEC doesn’t understand the oil industry
This week some comments from OPEC Secretary General Mohammed Barkindo signaled that OPEC may not understand how the U.S. oil industry functions.
The secret behind Norway’s EV “miracle” isn’t oil
Whatever the cost, by whatever means, people need to stop driving internal combustion (ICE) cars. In that earthly scenario, Norway is a sort of heaven.
Quicker than expected, auto industry revs up for an electric-car future
Some experts project electric vehicles could make up more than half of car sales by 2040, projections that GM, Ford, Volkswagen, Chinese automakers, and others are taking seriously all of a sudden.
Friendly policies keep U.S. oil and coal afloat far more than we thought
The coal industry and its allies in the Trump administration have recently devoted considerable energy to arguing that subsidies to renewable energy have distorted energy markets and helped drive coal out of business.
U.S. shale juggernaut shows signs of fatigue
U.S. oil output remains robust and may still surpass the record annual average of 9.6 million barrels a day, set in 1970. But companies, confronting technological, operational and financial obstacles, are starting to ease up on drilling.
Why you’re paying even more for premium gas
Dan McTeague drives a 2012 Ford Escape. His brother-in-law owns a 2017 model. They get similar performance. One difference: The newer vehicle is a lot more expensive to drive because it requires premium gasoline.
Grassley, Ernst to meet with Pruitt on ethanol
Advocates for the renewable fuels industry, as well as Grassley and other legislators, have been upset since the EPA raised the idea last week it might lower required levels of advanced biofuels for 2018.
Automakers plan electric car blitz as Tesla burns billions
Here are two facts that defy logic: By the end of the year, electric-car maker Tesla Inc. will have burned through more than $10 billion without ever having made 10 cents. Yet companies around the world are lining up to compete with it.
