Michael Liebreich, chairman of the advisory board at Bloomberg New Energy Finance, said: “The orthodox view of unlimited oil demand growth simply does not hold in a world of super-efficient engines, electric vehicles, desperate air pollution problems, and action on climate. The US economy has grown by 8.9% since 2007, while demand for finished petroleum… Keep reading →
Auto Fuel Efficiency
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We will never sell or share your information without your consent. See our privacy policy.Energy News Roundup: US Auto Fuel Efficiency Trends, US Oil & Gas Reserves Soar and Energy Efficiency Legislation Resurfaces
By Jared AndersonNew vehicle average fuel economy in the US was unchanged in November from the previous month – it remained at 25.3 mpg – which is likely due to countervailing forces. “The unchanged average fuel economy is likely a net consequence of two opposing trends: less demand for fuel efficient vehicles because of the decreasing price… Keep reading →
Opinion: The Gas Station Isn’t the Only Place Americans Pay for Oil
By Lt. Gen. Richard Zilmer, USMC (Ret.)With gasoline prices lower than they’ve been in years, it’s easy to get complacent about weaning ourselves from petroleum. Sure, you might be spending less at the pump. But don’t forget the high cost our country pays for its over-dependence on oil – not just in terms of dollars, but in terms of national security, our economy… Keep reading →