The cost for crude oil rose above $71 a barrel today for the first time in a month as increasing industrial activity bolstered consumer and business optimism that fuel demand will rebound. As a result, expect to shortly be paying more at the gas pump.
Get the full story...
Gasoline prices continued to rise on Wednesday, as many analysts expressed concerns that a continued rise could derail a recovery from the recession. This is the longest continued upsurge in records dating to 1996, although benchmark crude fell for the fourth straight day.
Get the full story...
President Barack Obama and Energy Secretary Steve Chu are consistent in their message that when it comes to transportation fuels, carbon-neutral biofuels as an alternative to gasoline are coming. While the focus of a shift from gasoline to biofuels has been on global warming, such a shift could also impact human health.
Get the full story...
On Tuesday, US President Barack Obama on Tuesday announced a broadn new national program aimed at cutting carbon emissions from vehicles and raising mileage by 30 percent, while also reducing America's dependence on foreign oil.
Get the full story...
University of Oklahoma researchers believe newer, more environmentally friendly fuels produced from biomass could create alternative energy solutions and alleviate dependence on foreign oil without requiring changes to current fuel infrastructure systems.
Get the full story...
One look at current economic data would send most people into fits. But there's one piece of information that is actually good news: oil and gas prices continue to plummet, with gas now well into the sub-$2 range.
Get the full story...
Perfect. Not only are temperatures around the world going up due to global warming, but this study indicates that, at least in America, warmer weather means drivers get ripped off at the pump.
Get the full story...
With gasoline at high prices, it's disheartening to know that up to three-quarters of the potential energy you are paying for is wasted. A good deal of it goes right out the tailpipe instead of powering your car.
Get the full story...
Beijing city raised retail gasoline and diesel prices overnight by 2-4 percent effective from zero hour today, reported Reuters citing an announcement of the Beijing Municipal government this morning.
Get the full story...
With the high cost of gasoline and diesel fuel impacting costs for automobiles, trucks, buses and the overall economy, a Temple University physics professor has developed a simple device which could dramatically improve fuel efficiency as much as 20 percent.
Get the full story...
Shorter work commutes are one way to reduce gasoline consumption, but a new study finds that not all cities are equal in how easy it would be to achieve that goal.
Get the full story...
Rather than continue to fight to get some sort of different offshore drilling bill through both the House and Senate, and past a promised Presidential veto, the House has decided to let a more-than-25-year-old ban on offshore drilling expire next week. The measure had required renewal, and this will effectively end the ban on Oct. 1st.
Get the full story...