The SUV and compact SUV segments are the hottest in the auto industry, as continuing low gas prices drive more car buyers away from sedans and toward heavier sport vehicles. The luxury side of that business is hot too, as BMW, Audi, Mercedes-Benz, Lexus, Acura, Infiniti and others fight for space...
By Michael Maher and Anna Mikulska Amidst low oil prices, news about massive layoffs, hundreds of millions of dollars of investment cuts by oil and gas companies, and the Paris climate accord, some observers have voiced skepticism about the future of the oil business. The concerns have been directed particularly at [...]
Utility-scale solar booms as costs drop, challenging gas on price; The total cost of a new project fell more than 50% from 2007 to 2014, a new LBNL study finds. Herman K. Trabish, October 8, 2015 (Utility Dive) The utility-scale solar sector is maturing right before our eyes. Show More Summary
When gas prices drop, do you pocket the savings or spend it elsewhere? What are millennials spending their money on? And who is really benefitting from the gig economy? These are the kinds of questions on the minds of politicians and economists alike in a constant effort to take the [...]
The feds believe automakers have what it takes to hit that target, but a public completely blinded by low gas prices is making this a serious uphill battle.
Russia finds itself once again in a row with one of its neighbors over gas prices — a constant theme since the early 2000s — triggering renewed fears that Moscow is again using energy as a weapon to put pressure on its customers. Back...Show More Summary
Most of the time, Americans are only conscious of oil prices when they visit the gas pump. When prices took a sharp tumble in early 2016, it was good news for drivers. Hey, let’s plan a longer road trip this year! But like most things in life, low oil prices have pros [...]
Low gas prices make this the best July for a road trip in a long time. Continue reading Gas reaches lowest prices in over a decade Gas reaches lowest prices in over a decade originally appeared on Autoblog on Mon, 18 Jul 2016 16:05:00 EDT. Please see our terms for use of feeds. Permalink | Email this | Comments
A sustained decline in commodity prices over the last two years, has severely disrupted the valuation of a majority of oil and gas exploration and production (E&P) companies. As a result, large integrated companies, who are finding it difficult to grow organically, are eyeing smaller independent companies to augment their long-term growth. One such integrated […]
HERE COMES THE GAS GLUT: Oil Prices Steady but Products Glut Looms. There are signs that an increasing glut of refined products could begin to weigh on crude prices. The oversupplied products markets, especially gasoline, means refiners will pull back on crude purchases, especially as the autumn maintenance season is only two months away, the […]
In today's market, the energy sector is an enigma. On the one hand, oil and gas prices have rallied mightily since hitting historic lows in January -- a strong data point for those who believe
By Dan Murtaugh (Bloomberg) — Asia’s going to have to wait a little longer for the flood of U.S. shale gas to reach its shores. A global glut of liquefied natural gas has cut price differences between regions worldwide, leading traders to ship cargoes for shorter distances to save on freight costs, Citibank analysts including […] The post U.S. Show More Summary
While the low price of oil is providing some relief at the pumps this summer (and is likely to help some homeowners with their heating bills this winter), the implications of the current oil and gas surplus reach far beyond providing a little breathing room in the average monthly budget. Show More Summary
Nord Stream 2 will improve the liquidity of Central European gas hubs, bolstering their role as continental price markers, Dr. Andreas Goldthau writes, while questioning whether the European Commission (EC) is "a market watchdog" or a "political actor."
The market for natural gas vehicles in the US took a small hit last year, as a result of low oil prices. Nevertheless, sales of CNG and LNG powered vehicles continue to be significant and the number of filling stations continues to grow, writes Frank Swigonski, Associate at Advanced Energy Economy, a US business assocation that promotes clean energy. Show More Summary
Secrecy about the price that California utilities pay for natural gas contracts is a new sign that PV has now passed market price parity at wholesale (as well as at retail: for rooftop customers). The utility-scale solar industry used...Show More Summary
Over the past five years, interest in US methanol production has exploded. There has been the reopening of mothballed plants, relocation of southern-hemisphere plants and billion dollar investments in brown and greenfield projects. These investments were all predicated on a unique pricing relationship: a historically wide natural gas-to-crude ratio. Show More Summary
(Reuters) Asian prices for liquefied natural gas (LNG) were set to rise next week on strong prompt demand from Argentina and India as well as potentially lengthier supply disruptions in Australia and Angola. However, this week AsianShow More Summary
California is typically painted a scorching red on Gasbuddy’s heat map, but some drivers got a break from high pump prices in Beverly Hills this morning. You needed a classic car to make the cut, and you needed to be at the historicShow More Summary
Oil well bolts are failing on structures in the Gulf of Mexico and causing serious concern. Several flaws and snapped parts are being discovered, and could end up leading to multiple oil spills if they can’t be fixed or replaced with working ones. Show More Summary