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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

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President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also continued his calls for the oil industry to increase refinery capacity to increase production. As of 10 June, EIA reported 93.7%

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OER Had Its Breakthrough in 2017. Next Year, It Will Become an Essential Teaching Tool

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Those days are over: 2017 was OER’s breakthrough year. That happened in 2017. This year, the list of colleges with “open learning initiatives” of various kinds has boomed, and much of that has been part of an essential drive to modernize their classrooms and push the cost of education down. Ohio University is doing the same.

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PNNL-led project to boost productivity, lower cost of algae biofuels and bioproducts offering collaboration opportunities

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The Department of Energy’s Pacific Northwest National Laboratory (PNNL) is leading the DISCOVR (Development of Integrated Screening, Cultivar Optimization and Verification) project to help find the best algae strains for biofuels and bioproducts to reduce the cost of producing bioenergy from algae feedstocks. —Michael Huesemann.

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Why Is The Shale Industry Still Not Profitable?

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The firm said that in the third quarter of 2017, the “average operating cost per barrel has broadly remained the same without any efficiency gains.” Not only that, but the cost of producing a barrel of oil, after factoring in the cost of spending and higher debt levels, has actually been rising quite a bit.

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GM to cease manufacturing in Australia by 2017

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The company will discontinue vehicle and engine manufacturing and significantly reduce its engineering operations in Australia by the end of 2017. Holden will continue to have a presence in Australia beyond 2017, consisting of a national sales company, a national parts distribution center and a global design studio.

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The Next Oil Price Spike May Cripple The Industry

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How it is possible for the price of oil to go both up and not up, and what would that mean for the oil industry? In fact, we have been highlighting this threat to the energy industry in articles since 2015, for example here , here , here and here.) Why an oil price spike would be bad for the industry. We will explain.

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SK Innovation invests $30M in ammonia fuel-cell startup Amogy

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Amogy, established in 2020, is focused on producing an ammonia-based fuel cell system and applying it to industrial transportation. Major shareholders include Amazon and British hydrogen industry investment firm AP Ventures. When transporting 1 kg of hydrogen from Australia to Korea, the cost of liquid ammonia is $1.7—half

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