Cheap oil is blocking progress on climate change
Drivers buy less gas when filling the tank burns holes in their wallets.
Drivers buy less gas when filling the tank burns holes in their wallets.
Has the world entered an era of ultra-low prices? An energy scholar argues that a long period of low oil prices will set the U.S. – and globe – back on the economy and the environment.
Cheap gas is traditionally a boost for the U.S. economy but this time the economy could be badly hurt because of the domestic drilling boom and financial bets made by the oil & gas industry.
To see why, one must only consider the core economic principle of supply and demand.
Many people thought U.S. gasoline consumption had already peaked. They were wrong. What happened?
Faced with stringent fuel economy standards but cheap gas, automakers may seek to delay CAFE rules. What’s the best way to reevaluate these emissions-cutting rules?
The boom in oil and gas development has brought new revenues to many communities in the U.S., but rural areas in particular have struggled to handle the rapid downturn in prices.
Tesla Motors again struck a chord with the sleek Model 3 electric car but it’s still not enough to compete on price and convenience with mass market gas-powered cars, says auto tech researcher.
American consumers just aren’t prioritizing fuel efficiency in a time of low gasoline prices. Is there a way to reverse the trend and make progress on climate change?
Palm oil is responsible for widespread deforestation and labor abuses, but it’s also cheap and incredibly useful. That’s why many advocates call for reforming the industry, not replacing it.