Pretty soon electric cars will cost less than gasoline
Battery powered cars will soon be cheaper to buy than conventional gasoline ones, offering immediate savings to drivers, new research shows.
Battery powered cars will soon be cheaper to buy than conventional gasoline ones, offering immediate savings to drivers, new research shows.
Workhorse, which builds delivery vans for UPS and FedEx, was actually designing a vehicle for the U.S. Postal Service when it decided to give an electric pickup truck a try.
At this moment, the idea that we’re on the brink of electric cars becoming cheaper to build than combustion cars is getting a lot of traction, along with the idea that EVs will be as cheap to own as the loud kind of car even sooner.
OPEC and non-members led by Russia decided on Thursday to extend cuts in oil output by nine months to March 2018 as they battle a global glut of crude after seeing prices halve and revenues drop sharply in the past three years.
The world’s largest oil companies are girding for the biggest shift in energy consumption since the Industrial Revolution: After decades of growth, global demand for oil is poised to peak and fall in the coming years.
If federal fuel economy rules aren’t weakened, US drivers could consume 1.2 million fewer barrels of gasoline per day in 2025 than today. That’s the projection of the Energy Information Administration (EIA), the energy statistics branch of the US Energy Department.
On a recent Sunday evening, Samir Madani had dinner with his family in suburban Stockholm, did the dishes and put his two children to bed. Then he opened his laptop and started crunching U.S. oil import data late into the night.
As part of its 2018 budget, the Trump administration is proposing to reduce by half the size of the Strategic Petroleum Reserve, a cushion against global price shocks and supply disruptions.
The U.S. Justice Department plans to file a civil suit against Fiat Chrysler Automobiles on Tuesday after regulators accused the Italian-American automaker of using software to allow excess emissions in 104,000 diesel vehicles, two sources briefed on the matter said.
Shareholder activists focused on climate issues are gaining traction in their push to have large energy companies and utilities take account of the impact rising global temperatures could have on their businesses.