Gasoline Prices
Motorists have OPEC to Thank for Lowest Oil Prices in Five Years
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.
The Environmental Downside of Falling Oil Prices
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.
Struggling Toll Roads Make for Good Investments
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.
Hybrid Vehicle Sales Take a Dive
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.
Obama's Directive to EPA: Trucks to Get Leaner
Over strong objections from some auto and truck manufacturers, President Obama directed EPA to develop new fuel efficiency regulations for medium and heavy-duty trucks by March 2016 as part of his administration's effort to reduce carbon emissions.
Is the Ban on U.S. Oil Exports Suppressing Gasoline Prices?
Yes, and that's a good thing, say opponents of lifting the 1975 ban on crude oil exports. Brad Plumer examines this argument and explains the two other chief reasons, the environment and refinery lobbying, to maintain the ban on exporting crude oil.
Historic Energy Reforms Come to Mexico, Maybe Venezuela Too
Mexico is poised to allow foreign investment in its state-owned oil company, Pemex, for the first time in 75 years. In Venezuela, home to the world's cheapest gasoline, prices are due to skyrocket if President Maduro ends subsidies as he's indicated.
U.S. Oil Boom to Reduce World Prices While Global Coal Consumption Surges
Gas prices will drop due to surging U.S. oil production according to an U.S. Energy Dept. report. Another report from the International Energy Agency points to surging carbon dioxide emissions, not from oil but from coal burning, largely from China.
Proposed Energy Reforms in Mexico Could Reverse Oil Production Decline
Mexico, the world's 9th largest oil producer and first to nationalize its oil production, has seen steep production declines as the state-owned oil company lacks capital resources and expertise. Constitutional reforms would entice private investment.
CA Gasoline Tradeoff: More Smog For Lower Pump Prices?
The news of the escalating gas prices was ubiquitous - local media news reports led with gas station prices that had risen 20-50 cents overnight, or stations that had closed early for lack of gas. Finally, Gov. Brown acted to alleviate the 'crisis'.
Gas Prices On The Rise Despite Reduced Gas Consumption
Americans are driving less and more efficiently, resulting in reduced gas consumption - yet prices are rising. What gives? For a nation that relies on oil imports despite surging drilling, the answer is unusual.
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