article thumbnail

USDOT Finalizes New Fuel Economy Standards for Model Years 2027–2031

CleanTechnica EVs

New standards will save Americans hundreds of dollars at the pump over the lifetime of their vehicles Washington, DC — The U.S. Department of Transportation’s National Highway Traffic Safety Administration yesterday issued new vehicle fuel economy standards that will save Americans more than $23 billion in fuel costs while reducing.

article thumbnail

Ground breaks on Washington West Coast Electric Highway

Green Car Congress

Officials from the Washington State Department of Transportation (WSDOT); Bellingham, Wash. Mayor Dan Pike; and local businesses including Starbucks and REI, celebrated the ground breaking of the state’s first DC fast charger and its segment of the West Coast Electric Highway. Earlier post.)

article thumbnail

Oil Industry Faces Huge Worker Shortage

Green Car Congress

The rig count has rebounded from the lows seen in late May, a small indication that oil companies in the US could begin drilling anew. Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies.

Oil 150
article thumbnail

New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

Green Car Congress

The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.). Earlier post.).

Oil-Sands 314
article thumbnail

Opinion: Global Oil Supply More Fragile Than You Think

Green Car Congress

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. Now a prevailing sense that oil prices may stay lower for longer has hit the markets. In other words, oil traders are now feeling much gloomier about oil prices several years out than they were at the beginning of 2015.

Oil 150
article thumbnail

Neste Oil joins aireg to promote the deployment of biofuels in aviation

Green Car Congress

Neste Oil has joined the Aviation Initiative for Renewable Energy in Germany (aireg), which advances the development and deployment of renewable liquid fuels in aviation. —Neste Oil Vice President Kaisa Hietala, responsible for market development. —Neste Oil Vice President Kaisa Hietala, responsible for market development.

Oil 186
article thumbnail

DOE: Transportation sector consumes more petroleum than all other sectors combined

Green Car Congress

Source: Energy Information Administration, May 2019 Monthly Energy Review, Washington, DC, May 2019, Tables 3.7a–3.7c. The industrial sector has remained the second-largest consumer of petroleum, accounting for about one-quarter of all petroleum use, and that share has remained nearly the same over time.