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OPEC quietly telling oil market to get comfy with lower prices

Filed under: Etc.,OwnershipIf you haven't noticed, it has been a little cheaper to fill up at the gas station for the last few weeks. According to the US Energy Information Administration, the current...

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Gas Prices Tumble To Lowest Level In Nearly 4 Years

Filed under: Gas PricesAAA's predictions of cheap gas for the coming fall season are already being realized. Gas prices across the country are dipping to the lowest levels seen in almost four...

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Ghosn: Low oil prices won't hurt EVs much

Filed under: Green,Videos,Nissan,Renault,ElectricPeople will keep on buying EVs since various emissions regulations will mean automakers will continue to build them, no matter what happens to gas...

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Oil prices headed up or down? Experts divided

Filed under: Etc.,Green,United StatesOil industry analysts can't decide how crude prices might change by the end of the year. With a huge inventory already in the stockpile, global demand is going to...

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OPEC: 94% of all cars will burn gas in 2040

Filed under: Green,ElectricOPEC's latest World Oil Outlook one again gives the cold shoulder to alt-fuel vehicles, saying that EVs will likely, "not achieve mass market appeal."Continue reading OPEC:...

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Oil is now cheaper than the barrel it comes in

Filed under: Green,Videos,Fuel EfficiencyCrude trades for around $30 a barrel, but an oil drum will set you back about $99 each.Continue reading Oil is now cheaper than the barrel it comes in Oil is...

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Why fuel prices will stay low for the next decade

Filed under: Earnings/Financials,Etc.,Green"You have to believe that there is a possibility that you will not necessarily go back above $100, you know, ever," said Ian Taylor, CEO of the world's...

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Electric vehicles will not cause oil 'crisis,' Navigant says

Filed under: Green,United States,ElectricNavigant Research says better overall MPG, autonomous driving features, and alt-transportation programs will have a greater impact on oil demand than...

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Saudi Arabia looks beyond oil, easy profits

Filed under: Green,Fuel Efficiency,Middle EastA new plan called Vision 2030 includes selling a portion of the state-owned oil company Aramco.Continue reading Saudi Arabia looks beyond oil, easy...

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Low oil prices a win for producers thanks to helpful tax break

Filed under: Government/Legal,Green,United StatesFor the first time since the law went into effect in 2005, a tax credit to help marginal well oil producers is paying out, thanks to low...

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Annual US fuel demand could fall 20% if EV sales surge

Filed under: Green,Fuel Efficiency,ElectricUS fuel consumption may "fall" to 7 million barrels a day by 2035 if EVs account for a third of new-car sales.Continue reading Annual US fuel demand could...

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Harvey hits Louisiana next, shuts more refineries — expect higher gas prices

Filed under: Etc.Much refining capacity is offline, and pipelines have been throttled back.Continue reading Harvey hits Louisiana next, shuts more refineries — expect higher gas prices Harvey hits...

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If automakers didn't lobby for mpg freeze, who did? Who do you think?

Filed under: Government/Legal,Green,Emissions,Fuel EfficiencyConsumers could pay an extra $193 billion for fuel by 2035, study suggests.Continue reading If automakers didn't lobby for mpg freeze, who...

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West-Saudi tensions lift safe havens; stocks slip

Filed under: Government/Legal,FordAl Arabiya op-ed warns that oil could jump "to $100, or $200, or even double."Continue reading West-Saudi tensions lift safe havens; stocks slip West-Saudi tensions...

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NYT reveals Big Oil's secret effort to roll back car emissions regulations

Filed under: Government/Legal,Read This,Emissions,Fuel EfficiencyFrom Congress to Facebook ads, Marathon Petroleum used every trick.Continue reading NYT reveals Big Oil's secret effort to roll back...

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Iranian hostilities could cause spike in global oil prices

Filed under: Earnings/Financials,Government/Legal,Green,Gas PricesSeizures of oil tankers and other hostile Iranian measures in the Strait of Hormuz are already raising insurance rates for shipping...

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U.S. blames Iran for attack on Saudi facilities, and world oil price spikes

Filed under: Government/Legal,GreenGlobal energy prices spiked on Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an...

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Storm Harvey hits U.S. petroleum exports

Filed under: Auto NewsThe U.S. is now the world's largest net fuel exporter.Continue reading Storm Harvey hits U.S. petroleum exports Storm Harvey hits U.S. petroleum exports originally appeared on...

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Too late for Biden's help on Thanksgiving gas prices

Filed under: Government/Legal,InfrastructureContinue reading Too late for Biden's help on Thanksgiving gas prices Too late for Biden's help on Thanksgiving gas prices originally appeared on Autoblog...

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Want lower oil prices? First you need higher ones, analysts say

Filed under: Fuel Efficiency,OwnershipContinue reading Want lower oil prices? First you need higher ones, analysts say Want lower oil prices? First you need higher ones, analysts say originally...

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Shell joins BP with huge earnings report as oil prices soar

Filed under: Earnings/Financials,Green,Gas PricesContinue reading Shell joins BP with huge earnings report as oil prices soar Shell joins BP with huge earnings report as oil prices soar originally...

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