Range is all the rage in Paris, as electric cars steal the show
For perhaps the first time at a major international auto salon, the stars of the Paris Motor Show are electric cars.
For perhaps the first time at a major international auto salon, the stars of the Paris Motor Show are electric cars.
Elon Musk didn’t elaborate on his announcement, issued on Twitter, but said the product is “unexpected by most.”
“In the current situation, we think that a freeze or even a cut in oil production is probably the only proper decision to preserve stability in the global energy market.”
New oil discoveries have been hailed by the oil industry, but many environmentalists and independent energy experts say that the world needs to keep most of the remaining hydrocarbons in the ground to meet the broad targets of the Paris climate conference.
Consumers offered a choice would favor a franchised dealer network that offers discounts over Tesla Motors Inc.’s retail model, the chairman of the National Automobile Dealers Association chairman said.
Saudi Arabia’s deputy crown prince sent his energy minister to an OPEC meeting last month with a difficult mission: Make a deal with rival Iran but don’t compromise the kingdom’s ability to fight for oil-market share, people familiar with the matter said.
We all know oil prices are extremely volatile, and trying to predict them is a fool’s errand. But just how easily can they be impacted? Here’s look at the some of the craziest events that caused the price of oil to rise.
Iran, fresh from an OPEC meeting where it won significant concessions from regional rival Saudi Arabia, accelerated the rejuvenation of its sanctions-ravaged energy industry on Tuesday when the state producer signed a new-model oil investment contract.
Electric car makers may breath a sigh of relief from OPEC’s decision to curb oil output, which if it holds may help tilt the argument in favor of greener transport.
After it was discovered in September 2015 that Volkswagen doctored its cars’ diesel engines to give false readings in emissions tests — a costly mistake known as the Dieselgate scandal — the company had no choice but to thoroughly change its strategy. And change it it did.