As gas prices have fallen, driving has increased. October driving mileage figures show an increase of 3 percent from a year earlier. A shift away from public transit may cause transit providers to rethink expansion plans.
Jan 30, 2015 The Wall Street Journal
The effect of low gas prices on motor vehicle selection by consumers could set back President Barack Obama's climate legacy, which includes obtaining fuel economy standards of 54.5 mpg by 2025.
Dec 31, 2014 The Wall Street Journal
While U.S. motorists are enjoying the cheapest gas prices in five years, domestic oil producers are suffering, though not as badly as oil-exporting nations like Iran, Russia, and Venezuela. How are Texas, Louisiana, North Dakota, and Alaska faring?
Dec 29, 2014 The New York Times
American motorists are enjoying the lowest gasoline prices in five years because OPEC chose not to reduce oil output in the hopes that decreased oil prices will be lower than the cost needed to frack oil from shale.
Dec 2, 2014 Vox
It's not a foregone conclusion that President Obama would veto a bill expected in the Senate next week to allow the construction of the Keystone XL pipeline. But if it were to pass and Obama signs it, would it be built? CNBC investigates.
Nov 15, 2014 CNBC
Until recently, California's Monterey Shale was estimated to have the nation's highest amount of recoverable oil. Then the Energy Department revised their estimates, lowering it 96%, which turned out to be bad news for fracking moratorium advocates.
Aug 21, 2014 Governing
Unlike Texas and N.D, Alaska's oil production peaked in 1988 and continues to decline. An upcoming referendum on oil taxes threatens to reduce energy investment. The North Slope pipeline is carrying such low oil volumes to endanger its safety.
Aug 14, 2014 The Wall Street Journal
What a revision! The EIA changed the recoverable oil reserves in California's vast Monterey Shale formation from 13.7 billion barrels to 600 million barrels using existing technology. Also, for the first time, a California county banned fracking.
May 22, 2014 Los Angeles Times
According to a new EIA report, the cost advantages of liquefied natural gas make it an attractive alternative to diesel fuel for major U.S. freight railroad companies. Hybrid diesel-electric locomotives on order for 5 states will power HSR routes.
Apr 16, 2014 Progressive Railroading
At 15 billion barrels, California's Monterey Shale is said to hold the nation's largest deposit of recoverable oil. The only problem is that its extraction has not proven to be economically profitable. Blame it on the shale's unique structure.
Apr 8, 2014 Los Angeles Times