oil
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In its 2012 edition of the World Energy Outlook, the International Energy Agency predicts that the U.S. will become the world's biggest oil producer within eight years. Yes, eight years -- as in, by 2020. And you know what else? The IEA predicts that we will become fully energy independent by 2030. It's an unexpected announcement, and one that might throw M. King Hubbert's ideas about peak oil out the window. In 1956, when Hubbert predicted that America's oil production would peak between 1965 and 1971, he didn't count on the viability of hydraulic fracturing, commonly known as "fracking"...
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Saudi Arabia Uses Your Gas Dollars To Fund...Solar Energy
Renewable energy, especially solar, is making inroads into the U.S. power grid, but it's a very slow process. And especially in the wake of the Solyndra collapse, it's one fraught with political wrangling. But there's another country that plans to invest heavily in solar power, hoping to provide...
John Voelcker -
Gas Prices: Relief Is Just Around The Corner. Well, Maybe.
Earlier this year, it looked as if the price of gasoline might cross the $5-a-gallon mark in the U.S. (In some places, it went well beyond that.) Analysts were screaming to the media, giving Cassandra-like interviews about fuel shortages and conflict in the Middle East. Gas-sipping rides became...
Richard Read -
Healthy Engine Oil Helps Gas Mileage: But Do You Know How To Check It?
There was a time, not so long ago, when car owners were expected to carry out basic maintenance and regular servicing on their car using a handful of wrenches and common automotive tools. Nowadays, most of the maintenance is carried out by professional garage mechanics and dealers. but there are...
Nikki Gordon-Bloomfield -
Forget $5 A Gallon: Alaska Residents Are Regularly Paying $6
Over the past few months, gas prices have been creeping ever upward, fueled by political uncertainty in the Middle East and a reduction in U.S. oil refining capabilities. In California, a state traditionally plagued by high gas prices, a gallon of Regular now costs well over $4.50 at most gas...
Nikki Gordon-Bloomfield -
Obama: Add Rebates On Natural-Gas Cars, Oil Is 'Fuel Of Past'
Continuing his efforts to reduce U.S. dependence on imported oil, President Barack Obama yesterday proposed expanding tax credits now offered to buyers of plug-in cars to those who buy natural-gas vehicles as well. Given the ugly politics around electric cars and the presidential election season...
John Voelcker -
Gas prices always soar in the springtime. Northerners venture out of their houses more as milder weather arrives, and the market anticipates higher consumption for summer vacation trips. This year, analysts say, prices could cross the psychologically significant $4-per-gallon mark, adding as much as 60 cents per gallon to the current national average. There are several reasons, according to USA Today. The economy is improving, jobless rates are falling, and threats by Iran to close the Strait of Hormuz continue to make global oil markets nervous. According to projections by GasBuddy.com...
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Why MPGs Matter: Iran Threatens Oil Supply Via Hormuz Strait
It's a truism of new-car sales: Gas prices go up, buyers focus more on gas mileage. Gas prices go down again, people forget all about fuel efficiency. Well, here's a gentle reminder about why you may want to focus on cars with high EPA ratings for gas mileage. As The New York Times reported, on...
John Voelcker -
True Or False? The U.S. Now Imports More Gasoline Than Ever
Smart people who read true and false questions know to go for the non-obvious answer. So we'll make it easy: The U.S. is importing less and less gasoline and, as highlighted by the Wall Street Journal (via Pike Research), will shortly become a net exporter of gasoline and diesel fuel. Not since...
John Voelcker -
How Does Your New Car Get Better MPG Than Your Old One?
Almost every day we hear of a shiny new car that gets a certain number of miles to the gallon, a number often greater than its predecessor. It sometimes seems like witchcraft - until significant steps towards high-tech materials are taken, rarely do cars lose weight from one model to the next (with...
Antony Ingram -
Peak Oil Perceptions: If Gas Prices Soar, Who's Most Pessimistic?
Just three months ago, the average gas price crossed 4$ a gallon. Now, oil prices have plummeted to their lowest level this year in response to the Standard & Poor's U.S. debt rating downgrade. We'll continue to be whipsawed by changes in oil prices, reflected in the price per gallon we pay for...
John Voelcker -
Recycling Used Oil Into Fresh, Clean Oil: Enterprise Signs On
Over the years, the norms around what to do with used oil have changed. Used to be you tossed it down the nearest drain. Then came recycling. As energy prices soared, using old oil as heating fuel in special-purpose space heaters arrived. Now, the loop has closed, and used oil can be considered...
John Voelcker -
It's always good to hear the arguments against electric cars. Some are valid, some are idiotic, and some simply betray a lack of knowledge about how the auto industry really works. Into that last category may go some comments by one William M. Colton, ExxonMobil’s vice president for corporate strategic planning. At least 10 years away In an interview with The New York Times, he commented that electric-car batteries were "not ready for prime time," that a breakthrough to make electric cars practical wouldn't come for at least 10 years, and that gasoline's much greater energy density...
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Obama Sticks With 1 Million Plug-Ins by 2015, Cuts Oil Sweetheart Deals
His party may be under increasing pressure from the Tea Party movement as it fights conservative attempts to stifle everything from healthcare reform to government spending, but President Obama is still keen to push the electric car revolution. Speaking at last night’s State of the Union...
Nikki Gordon-Bloomfield -
Obama Doubles Down on Plug-In Cars, More Policy Tweaks Coming
Last night, in his State of the Union address, President Barack Obama reiterated his support for expanding U.S. production and sales of plug-in cars that run on grid power. Today, according to the Detroit News, a slew of policy changes will be unveiled by Vice President Joe Biden to advance that...
John Voelcker -
What Would You Do Differently If Gas Hit $5 A Gallon In 2012?
This video clip, now six months old, has been making the rounds yesterday and today. Still, it's worth pondering. What would you do if gasoline rose to $5 a gallon in two years? How would your driving, and car buying, behavior change? Two days after the BP drilling rig blowout in the Gulf of...
John Voelcker -
BP and Me: How The Oil Spill Changed My Mind on Electric Cars
As a writer for a group of car sites with 3 million readers each month, I don't think I need to explain how much gasoline has changed my life. I've seen the world from street level because of it. It's fueled me. Oil has caused me agita this year, too. It's played havoc with a place I see myself...
Martin Padgett -
Nissan Intends To Sell Leaf EV In The Land Of Oil
If you think that manufacturers have a hard time making EVs appeal to consumers who have got used to over a hundred years of fossil fuels, then feel grateful you aren't in Carlos Ghosn's shoes. The Renault and Nissan chief is visiting the United Arab Emirates (UAE) in the hope of establishing a...
Antony Ingram -
One million gallons a day is a lot of oil. According to estimates late last week, that could be the daily rate of oil escaping from the Deepwater Horizon well in the Gulf of Mexico. To put that number in perspective, we decided to look at what it would take to compensate just for the lost gasoline. We asked, How many Toyota Prius hybrids would you need to sell to offset the loss? Turns out you'd have to sell almost 1 million Priuses globally to conserve enough gasoline to offset the amount wasted as the escaping oil pours into the oceans and fouls the beaches. Here's how the math works. An...
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2011 Chevy Cruze Green Oil Filter: Everything Old Is New Again
Sometimes a "new" green idea is actually just the way we used to do things, before disposability and convenience became primary consumer values. Consider the "cartridge filter" that GM touts on the Ecotec engines fitted to its new 2011 Chevrolet Cruze. Instead of a one-piece metal cannister that's...
John Voelcker -
Green Earth's Biodegradable Oil Wins Long Beach Grand Prix
Green Earth Technologies G-OIL is the most biodegradable racing oil available.
Nelson Ireson -
Is The International Energy Agency Lying About Oil Reserves?
One IEA Insider Says Yes
Robert Scardino -
Tesla Roadster Appears in Swedish Commercial
Sometimes speaking the same language isn't a prerequisite to understanding. Take this Swedish commercial. What appears to be an advertisement for the Finnish energy company, Fortum, carries a strong message. Transportation as we know it is portrayed by barren landscapes dotted with exploding oil...
Robert Scardino