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2020 Thanksgiving week gasoline consumption in US lowest since 1997

Green Car Congress

Only two states—Wyoming and Utah—are outliers with gasoline consumption rising year-on-year by 0.2% The data speaks to a major problem for the petroleum industry and oil prices as it recovers from unprecedented demand declines for most of 2020. The Midwest was off 23.3% and 1.1%, respectively.

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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

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