An IEA report suggests that oil prices have bottomed-out, are now on the rebound, and that demand for OPEC's oil will start rising next year. OPEC predicts that U.S. oil consumption will increase after years of decline, thanks to U.S. motorists.
Feb 12, 2015 OPEC Says U.S. Motorists
Having posted two environmental pluses from low oil prices, we look at a negative—the effect on sales of EVs would seem to be one of the more evident downsides. How will alternative-fueled vehicles compete in the marketplace when gas costs $2.30?
Dec 27, 2014 San Francisco Chronicle
Mirroring a previously reported increase in gasoline consumption in California, the vehicle miles traveled increase over last year is the largest in a decade. The reasons are the same: cheaper gas and an improved economy with more people working.
Dec 19, 2014 The Sacramento Bee
While there may never be a good time to increase the federal gas tax, the same is not true when it comes to state gas taxes—perhaps because governors can't transfer billions of dollars from general funds to pay for roads. Lower gas prices helps.
Dec 12, 2014 NPR
Oil prices are at a five-year low with gasoline prices averaging $2.67 a gallon, lowest since February 2010. Furthermore, they are expected to drop another 17 cents to $2.50 a gallon in time for Christmas, so why not raise the gas tax by a nickel?
Dec 10, 2014 The Atlantic
For the first time since 2006, gasoline consumption in California increased from the prior fiscal year. From July 2013 through June 2014, consumption increased 1 percent.
Dec 4, 2014 The Sacramento Bee
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
Ben Adler of Grist writes how falling oil prices will affect climate change. Cheaper gas prices may encourage more driving and more truck sales at the expense of hybrid, electric, and fuel efficient cars, but the news may not be all bad.
Oct 31, 2014 Grist
In another example of a struggling toll road attracting no shortage of investors, the poor revenue performance of the San Joaquin Hills Transportation Corridor Agency in Orange County, California has not dissuaded investors, as the returns are high.
Oct 30, 2014 The Wall Street Journal
A new study revealed that more car buyers are choosing plug-in electric vehicles (PEVs) while fewer are choosing traditional hybrid vehicles. Both types are considered to be electric vehicles, and hybrid sales far outnumber PEV sales.
Sep 16, 2014 Los Angeles Times