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US average retail gasoline prices ended 2017 lower than they started

Green Car Congress

US regular retail gasoline prices averaged $2.72 However, a rapid price decline beginning in October led to US average regular gasoline prices ending the year lower than they began for the first time since 2015, according to the US Energy Information Administration (EIA). gal at least once in 2018. gal to $2.91/gal

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Junkyard Find: 1987 Chevrolet Sprint ER

The Truth About Cars

Even though memories of the gas lines and fuel rationing of 1979 were still vivid by 1987, oil prices crashed hard during the middle 1980s, hitting bottom in 1986. The original Honda Insight beat it, but it needed a gasoline-electric hybrid powertrain plus a lot of cutting-edge aerodynamic and weight-reduction tricks to pull it off.

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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Green Car Congress

Driving the sales increase is a forecast significant reduction in battery prices—the result being that during the 2020s EVs will become a more economic option than gasoline or diesel cars in most countries. BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April.

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Toyota Plug In

Plug In Partners

New York Times columnist Thomas Friedman; Jon Wellinghoff, commissioner, Federal Energy Regulatory Commission; and CEOs and top executives from Ford, General Motors, Federal Express, and Southern California Edison. Event Summary Oil prices are at record highs. The list of attendees includes Senator John Kerry (D-Mass.);

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Honda, which began leasing hydrogen fuel cell FCX Claritysedans in Los Angeles last year, still sees hydrogen as the bestlong-term alternative to gasoline as a fuel that can cut carbonexhaust tied to global warming, President Takeo Fukui said in aninterview. in Japan’s Kyoto prefecture to make packsfor gasoline-electric hybrid cars.

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Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

Green Car Congress

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. strong>Figure 3.

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