Crude by rail could hamper future U.S. pipeline investments, study says
Even though it’s more expensive, carrying oil on rail lines rather than on pipelines has some advantages that could keep pipeline investments smaller in the future.
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Rising demand will continue to drive the rally in crude oil prices
Quite simply, oil prices are rising because demand is increasing.
Tesla’s China dream edges closer to reality
China is considering relaxing rules requiring foreign auto makers to have a local partner, a move that could pave the way for Tesla Inc. to manufacture vehicles in the country.
Thirst for oil returns in wealthy nations
A decade’s worth of efforts to cut oil consumption in industrialized countries is at risk of being reversed, as low fuel prices boost demand and send motorists flocking back to larger gas-guzzling cars.
California considers following China with combustion-engine car ban
The internal combustion engine’s days may be numbered in California, where officials are mulling whether a ban on sales of polluting autos is needed to achieve long-term targets for cleaner air.
Iran vows to keep up oil exports despite Trump threat
Iran will persist with exporting its oil to global customers, unfettered by Donald Trump’s intensifying offensive against the country, according to the Middle East nation’s state-run producer.
Mercedes-Benz spends $1 billion to make EVs at Alabama plant
Daimler says it will add 600 more jobs with the new investment, while also building a nearby facility to produce EV batteries in 2018.
What will happen to the Gulf Coast if the oil industry retreats?
During this year’s record-breaking hurricane season, oil rigs and refineries were just as exposed as any structure on the precarious Gulf Coast.
Shell bashes bans on gasoline cars, proposes carbon pricing instead
The prospect of bans on gasoline and diesel new-car sales have become a much greater threat not only to automakers but to oil companies as well, now that China has said it is studying such a move.
Nevada is done with Faraday Future as car startup gives back taxpayer money
Last winter, Faraday Future came out of nowhere with big promises to upend the auto industry and redefine the entire idea of how we get around.
