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Oklahoma and Colorado governors pitch CNG vehicle initiative to US auto manufacturers

Green Car Congress

Oklahoma Governor Mary Fallin, Colorado Governor John Hickenlooper, Oklahoma Secretary of Energy Michael Ming, and Oklahoma Secretary of Commerce Dave Lopez met with US auto manufacturers in Detroit to pitch a multi-state, bi-partisan compressed natural gas (CNG) vehicle initiative. In April, Govs.

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US EIA: US crude oil production fell by 8% in 2020, the largest annual decrease on record

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The production decline resulted from reduced drilling activity related to low oil prices in 2020. In March 2020, crude oil prices decreased because of the sudden drop in petroleum demand that resulted from the global response to the coronavirus (COVID-19) pandemic. In January 2020, US crude oil production reached a peak of 12.8

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Commentary: Could falling oil prices spark a financial crisis?

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When oil prices were high and production was relentlessly climbing, energy related junk bonds looked highly profitable. The situation will compound itself if oil prices stay low. Moody’s Investors Service downgraded the oil and gas sector on November 25 to a “negative” outlook because of falling oil prices.

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Hertz introduces CNG vehicle rentals in US; Civics and Yukons

Green Car Congress

Hertz will begin renting eight CNG Honda Civics and two CNG GMC Yukons at Will Rogers World Airport in Oklahoma City early next month. Oklahoma City is serving as a pilot program for Hertz’s CNG airport rentals program. Last year, Hertz introduced the addition of CNG vehicles through Hertz On Demand at Oklahoma State University.

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Montauk Renewables signs LOI with European Energy to provide CO2 for e-methanol production in Texas

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The planned delivery would prevent biogenic CO 2 from entering the atmosphere and put it to beneficial use, creating a new fixed-price commodity revenue stream for Montauk. The company has current operations at 15 operating projects located in California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina and Texas.

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Tesla Model Y inventory is going fast, selling out in many U.S. states

Teslarati

For what it is worth, the legacy Model Y is still a fantastic vehicle, and picking it up through inventory is still a great idea, considering it holds a lot of great tech and is now being offered at a great price. Since the new Model Y has started production and deliveries, 29 U.S. states appeared first on TESLARATI.

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EIA forecasts Bakken oil production will top 1M barrels per day next month; >10% of US oil production

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Infrastructure improvements in the central part of the nation carried more of this oil to refineries in recent months, helping to narrow the price difference between the Bakken region and West Texas Intermediate, which is priced at Cushing, Oklahoma.

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