Explorers in 2015 discovered only about a tenth as much oil as they have annually on average since 1960. This year, they’ll probably find even less, spurring new fears about their ability to meet future demand.
Big Oil just doesn’t seem to be as enamored with the ‘big’ thing as it once was.
About 210,000 owners of Volkswagens with 2-liter diesel engines that cheat on emissions tests have registered to settle with the company under the terms of a June court agreement.
The nation’s vehicles collectively logged 1.58 trillion miles in the first six months of this year, according to U.S. Department of Transportation data.
When a barrel of crude oil hit $145 in July of 2008, no one predicted that 8 years later it would be trading at less than $50.
Low oil and natural gas prices are proving to be a short-term ally for environmentalists and consumers but a job killer for the industry as new drilling slows in Michigan.
Apparently, it’s not just the nation’s refineries that are getting hit by a recent spike in the price of government credits for biofuels.
Federal regulators have denied a request from automakers to extend the period that comments can be submitted over a report showing U.S. automakers probably will miss the 54.5 miles-per-gallon fleetwide average for 2025.
People have been gathering since April, but as hundreds more poured in over the past two weeks, confrontations began rising among protesters, sheriff’s officers and construction workers with the pipeline company
Raising the octane in gasoline — seen as a way to improve fuel economy and reduce emissions in today’s high-tech turbocharged, direct-injected engines — looks like it will get some attention from the EPA. That’s the good news.
