Farmers love it. Environmentalists and gasoline refiners? Not so much.
The United Nations agency regulating shipping wants ships to use cleaner fuel.
Fuel prices are on the rise, and that’s a problem for budget airlines that need fuel prices to stay low so they can keep ticket prices competitive. Fuel can account for up to 25 percent of airline operating costs, so it’s a big expense, but one that’s easier for the larger airlines to absorb. Smaller […]
One of former President Barack Obama’s environmental victories was getting automakers to agree to much higher fuel efficiency standards back in 2011. In his last days in office, his administration worked to finalize those standards through 2025. That came as a bit of a shock to carmakers who had expected a chance to revisit the […]
Consumers are shifting gears away from compact cars as gas prices remain low.
Environmentalists hope to block new gas and oil pipelines while renewables catch up.
That’s the story of Washington this past week. Case in point: top automakers, represented by the Alliance of Automobile Manufacturers, have asked President-elect Trump to review standards for cars’ fuel economy and emissions regulations, which were center points of President Barack Obama’s policies. Regulators are currently assessing the standards, which are poised to get stricter […]
General Electric wants to combine its oilfield services with a bigger competitor.
Ships are big polluters, and next week, maritime nations could require them to use fuel that generates less sulfur content. But that kind of fuel is expensive, and the shipping business is in a bit of a slump just now. So shipping companies are begging for more time.