RIP natural-gas cars, doomed by cheap gas and electric cars
Natural gas vehicles were first promoted starting in about 2000 as a way to reduce reliance on imported oil and cut tailpipe emissions.
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Donald Trump just gave a big carve out to an oil giant repped by his ex-aides
The White House on Friday announced a new round of sanctions against Venezuela that explicitly exempt the U.S. arm of the country’s state-owned oil company.
Hurricane Harvey aims for the Texas fracking boom’s favorite port
It’s on target to strike a part of the Texas coast where the recent growth of the oil and gas industry has increased the risk of catastrophic storm damage.
UT System oil money is a gusher for its administration — and a trickle for students
Each barrel pulled from the ground adds a few more dollars to the Permanent University Fund, a $19.5 billion pot that supports an endowment for the UT and Texas A&M University systems.
Here’s why oil’s future is grim
What do auto manufacturers, utilities and oil companies have in common with Kodak, Blockbuster and Macy’s? Their business models are rapidly vanishing under the pressure of technology innovation and societal norms.
Brazil approves quota, 20 percent tax on ethanol imports
Brazil’s government has approved taxing ethanol imports for the first time in a move to protect local producers from growing shipments coming from the United States.
Chevrolet’s Tesla killer isn’t selling very quickly
The 2017 Chevrolet Bolt was supposed to be the electric car of the people—around $30,000, about 240 miles of range per charge and decent space in a little package.
You may feel effects of Venezuela’s crisis at the pump
The crises in Venezuela — humanitarian, political, security and financial — seem to be reaching a point of no return.
Permian oil reserves are grossly exaggerated
Global energy dominance by the United States is somewhere between aspirational and absurd.
Electric vehicles: Imminent breakout or breakdown?
The media flavor of the day is “Peak Oil Demand.” It’s being predicted due to plummeting battery costs for electric vehicles, which are on the verge of reaching a point where EVs become competitive with internal combustion vehicles, resulting in a drop in oil consumption.
