As Chinese citizens demand cleaner air, but put more cars on the road, Beijing is retooling its policies towards fuel standards and pricing, while Chinese refiners adjust company strategy. Watch for these forces to play out in the next few years, with the potential for ripple affects throughout Asia, especially in the gasoline and diesel… Keep reading →
Gasoline
With Rising Gasoline Demand, Beijing Plans to Pass on Costs to Consumers
By Kate Rosow ChrismanSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.The importance of energy to modern society cannot be overstated and energy-related products are virtually ubiquitous in our homes, workplaces and modes of transport. “Chemical engineering is a remarkable profession. It can take the smallest of discoveries in laboratories – from all fields of science and technology – and replicate them on a mass scale,… Keep reading →
Ethanol requirements for U.S. gasoline appear to be losing friends and influencing the wrong people, with calls growing to reform or scrap the government mandates altogether. The Environmental Protection Agency in November proposed reducing the amount of renewable fuels, including corn-based ethanol, that oil refiners must blend with gasoline. The rule is a centerpiece of… Keep reading →
This year, nearly 38.9 million Americans packed up their cars and hit the road for the Thanksgiving holiday, traveling 50 miles or more, according to AAA. While gas prices are at a two-year low — selling for less than $3 a gallon in many states — fuel costs can still add up quickly. If you’re… Keep reading →
One thing that is very clear from political discussions about the burden higher gasoline prices put on US consumers is that there are few on Capitol Hill who are likely to push for higher gasoline prices. But Oregon state representative Earl Blumenauer is going against the grain, with a proposal to phase in a $0.15 per… Keep reading →
The March 2011 Fukushima accident destroyed four and shuttered most (currently all) of Japan’s 54 nuclear plants. Japan replaced nuclear energy with discomfort, sacrifice, and costly fossil fuels, because utility oligopolies suppressed renewable competitors and national energy efficiency languished. Two and a half years later, power reserves, though easing, remain tight, fuel bills exorbitant, and… Keep reading →
You may have recently seen TV commercials in the US for new fuel-efficient diesel engines offered by several manufacturers. While European drivers have enjoyed the exceptional fuel efficiency modern diesel engines provide, the technology is becoming more widespread in the US market, and today GM announced its 2016 Chevrolet Colorado midsize pickup will come with… Keep reading →
United States law prohibits exports of crude oil and condensate except under certain conditions, while exports of refined products and natural gas are far less restricted. While these laws had little impact when the country was in a position of oil and gas scarcity, the country’s newfound energy abundance has rendered some of them obsolete,… Keep reading →
Google and private equity firm KKR are investing $400 million, including equity and debt financing, in six solar power plants being built by a subsidiary of Japan’s Sharp Corp. The projects have a combined capacity of 106 megawatts and should begin operating by January. [Reuters] The Tennessee Valley Authority is retiring eight units at three… Keep reading →