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 →
A recent report by consultancy IHS Cera takes aim at common arguments against development of Canadian oil sands, but acknowledges the need for continued – and improved – environmental monitoring and regulation. Groups opposed to construction of the Keystone XL pipeline frequently feature the following claims on their websites: that the pipeline will not enhance… Keep reading →
Luxury electric car manufacturer and Wall Street darling Tesla announced 3rd quarter earnings yesterday that contained mixed results. The company reported a record 5,500 Model S deliveries, which beat its own expectations, but the financials were mixed. “The company’s earnings, excluding special charges, came in at $16 million, or 12 cents a share, just ahead… Keep reading →
Washington’s relationship with Riyadh has always been focused on mutually-beneficial policies, while politely ignoring considerable societal differences. There have certainly been periods of ideological conflict, but the House of Saud and the Obama Administration currently find themselves very far apart on several important issues. And while leadership in Washington thus far appears relatively unconcerned –… Keep reading →
By: Javier E. David As the U.S. prods the oil industry to blend more ethanol into gasoline, charges are flying between refiners and biofuel advocates about the impact of such mandates—and whether the so-called Blend Wall is really a problem at all. Under a law passed in 2007, refiners are required to mix a certain… Keep reading →
Congressional hearings this week focusing on the EPA Renewable Fuel Standard bring together impassioned speakers representing the US biofuel constituency, traditional fossil fuel interests, major food companies and other stakeholders. With so many business interests involved, there is clearly a lot at stake – thousands of jobs and billions of dollars for starters – but… Keep reading →
Nonprofit organization Consumer Watchdog released a report this week claiming that the Keystone XL Pipeline project would significantly increase gasoline prices for US consumers, particularly in the Midwest, where the per gallon price could rise by as much as 40 cents. But some question these findings. The report’s main thesis states that companies producing Canadian… Keep reading →
It’s brilliant! Famous gas-guzzling muscle cars re-engineered into modern, fuel-sipping designs that can get 3 times the efficiency of their descendants. Dodge did it with the Charger, Ford with the Mustang and now – perhaps the most famous muscle car of them all – a brand new 2014 Corvette Stingray will soon be released. After… Keep reading →
Heading into the Fourth of July holiday weekend, the trade group representing the US refining industry had some choice words about the impact of US regulations on gasoline prices. “Our industry and the economy are taking a hit with RFS [renewable fuel standards], air pollution regulations and Cafe [corporate average fuel efficiency] standards, which all… Keep reading →
Summer driving season is officially underway and the good news is Americans look set to save on gasoline compared with last summer, but not by much.
The US Energy Information Administration just released their Summer Fuels Outlook and expect “that regularâ€Âgrade gasoline retail prices, which averaged $3.69 per gallon last summer, will average $3.63 per gallon during the current summer (April through September) driving season.” Keep reading →
