Booming again: U.S. poised for record oil output in 2018
Following a painful war with OPEC, U.S. oil output is poised to rebound this year, thanks to healthier prices and a strengthened business model.
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Cars seen missing U.S. mileage targets for first time since 2004
Cars and light trucks from the 2016 model year will be the first to fall short of U.S. fuel economy targets in more than a decade, according to a new projection released by regulators that will feed a debate over efficiency standards between automakers and environmental groups.
No, improved gas mileage doesn’t put car ownership out of reach for low-income Americans
Automakers are currently asking the Trump administration to rescind federal fuel economy standards, claiming that these rules make cars more expensive and put car ownership out of reach for low-income Americans. However, a new report contends that the data doesn’t support this argument.
The cheap resource that worries oil shale drillers
The rising cost of fracking sand shows how drillers of oil and gas are facing rising costs and capacity constraints
Hacked: Energy industry’s controls provide an alluring target for cyber attacks
As national attention focuses on Russian cyberattacks aimed at influencing the last presidential election, oil and gas companies face increasingly sophisticated hackers seeking to steal trade secrets and manipulate industrial sensors and operations.
Automakers near a victory on rollback of fuel standards
Automakers appear to be on the verge of a rare victory in their long-term effort to reduce government regulations on new cars and trucks.
Big Oil’s grip on California
On the morning of June 21, 2011, a worker named Robert David Taylor was walking through an oil field west of Taft, California, when he noticed a plume of steam coming from the darkened earth.
Chevron is first oil major to warn investors of risks from climate change lawsuits
Big Oil’s lies about the existential risk posed by its product are now catching up with the industry and threatening profits.
EPA to pull back on fuel-efficiency standards for cars, trucks in future model years
The Environmental Protection Agency plans to announce its intent to withdraw final determination on strict fuel-efficiency standards for future cars and light trucks, the latest signal by the Trump administration that it is charting a new course on climate change.
Peak gasoline demand looms with engine efficiency gains
Demand for gasoline in the United States, which accounts for a tenth of global oil consumption, is expected to peak next year as engines become more efficient, WoodMackenzie analysts said.
