oil

News

U.S. Sets Higher Fuel Efficiency Standards

Published: 
Tue, 08/28/2012 (All day)
Category: 
Energy

DETROIT — The Obama administration issued on Tuesday the final version of new rules that require automakers to nearly double the average fuel economy of new cars and trucks by 2025.

The standards — which mandate an average fuel economy of 54.5 miles per gallon for the 2025 model year — will increase the pressure on auto manufacturers to step up development of electrified vehicles as well as sharply improve the mileage of their mass-market models through techniques like more efficient engines and lighter car bodies.

News

Five things to know about Mitt Romney’s energy plan

Published: 
Fri, 08/24/2012 (All day)
Category: 
Energy

On Thursday in New Mexico, Mitt Romney is unveiling his latest energy plan. It’s easy enough to summarize: He wants North America to achieve energy independence by 2020. “North America is the fastest-growing oil and gas producing region in the world,” the plan notes. And Romney wants it to grow even faster.

News

Let's Close the Information Gap About Fracking

Published: 
Mon, 06/11/2012 - 7:25am

 

The oil and gas industry wants to withhold information even from regulators about the exact formulation of the fluids injected into the ground during fracking, calling them trade secrets.

By Michael Hiltzik

News

North Dakota: riding the oil rush

Published: 
Mon, 05/14/2012 - 3:17pm

Oil has brought money and jobs to this sparsely populated region – but residents fear a ban on fracking will stop the boom