Green Car Congress
AUGUST 30, 2009
The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. by Brian J.
Green Car Congress
MAY 22, 2020
Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 The oil market fear that characterized March and the extreme price pressure that producers felt in April have galvanized producers across North America into unprecedented action.
Green Car Congress
FEBRUARY 3, 2010
The National Petrochemical & Refiners Association (NPRA) filed a legal challenge to California’s Low Carbon Fuel Standard (LCFS) with the US District Court, Eastern District of California, Fresno Division. In response to the lawsuit, Mary Nichols, CARB chairman, issued the following statement: Their actions are shameful.
Green Car Congress
FEBRUARY 3, 2015
Oil companies are scratching their heads trying to figure out how to deal with a collapse in oil prices, now below $50 per barrel. Statoil, the semi-state-owned oil company from Norway, has been an offshore leader and Arctic pioneer. It is up to Shell then to keep the oil industry’s Arctic dreams alive.
Green Car Congress
FEBRUARY 23, 2017
Following enactment of provisions of the Energy Policy Act of 2005 that were interpreted as reducing or eliminating legal defenses available to MTBE blenders, its use was soon phased out in the United States. MTG units involve high capital costs and are only cost-competitive when oil prices are high.
Green Car Congress
MARCH 2, 2015
Winterkorn also emphasized that Volkswagen remains committed to its environmental goals, and noted that the present low level of oil prices would not change that. Oil will not be as cheap as it is at the moment for ever. The CO 2 limits apply irrespective of fuel prices. The second half will be tougher than the first.
The Truth About Cars
OCTOBER 30, 2023
What was the most fuel-efficient (mass-produced, internal combustion-powered, highway-legal, non-gray-market, four-wheeled, et freakin' cetera) new car available in the United States during the 1980s? It appears that this engine was not legal for sale in high-altitude areas.
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