Category: Big Oil

By on April 18, 2016

Chevy_Volt_EPA_Fuel_Economy_Official_Label

As regulatory bigwigs gear up for a midterm review of corporate average fuel economy (CAFE) requirements, will the 54.5 mpg target for light-duty vehicles get a haircut, or be deemed too  unambitious?

Under a 2012 agreement between the federal government and automakers, cars and light trucks will have until 2025 to meet the 54.5 mpg target, which works out to about 40 mpg on the window sticker (for cars) after you ditch the fancy math. That target isn’t set in stone, and the midterm review will take into account the state of the market — and existing technology — when it reviews its goals for the 2022-2025 period. Read More >

By on March 25, 2016

2017 Mitsubishi Outlander PHEV

Mitsubishi confirms it is going to shoehorn another SUV into its lineup to tempt those utility-hungry Americans.

That, Volvo wants everyone to buy S90s from their beds, Fiat Chrysler isn’t having a dealer’s trash talk, UAW bolsters its ranks, and your gas is going up … after the break!

Read More >

By on March 4, 2016

E10 + 100 Percent Gasoline at the Pump

Gasoline is gloriously cheap and the automotive industry is taking a break from the tiresome “more mpg” game.

That, Christmas comes early for Volkswagen employees, Carlos Ghosn has a plan to save big bucks, Google is luring more humans and Bentley can’t build enough SUVs for the “you call this caviar?!” crowd … after the break!

Read More >

By on February 1, 2016

2015 Nissan Leaf

Electric vehicles aren’t rollin’ coal anymore — or, at least, not nearly as much as they used to.

Reuters reports coal-fired electricity generation is now at a 35-year low in the U.S., and November 2015 was the fifth month in a row more natural gas than coal was used to produce electricity.

That’s not all. From Reuters:

With just one month of data missing in 2015, some analysts think power companies may have burned more gas than coal for the full year for the first time in history.

Oh, and guess what’s dirtier than natural gas when burned? You bet: gasoline.

Read More >

By on January 6, 2016

Autodesk VRED Professional 2016 SP1

Started in New York City in 1967 as an offshoot of the Chicago Music Show, the Consumer Electronics Show has grown to capture the interest and intrigue of automakers. Las Vegas now has two auto shows.

That, Volkswagen’s unending stream of German-accented apologies, why Ford might not be hitching itself to Google and how you can become an automotive journalist* … after the break!

Read More >

By on January 4, 2016

2016 Chevrolet Malibu

“What do I gotta do to get you to drive out of here in a brand-new 2016 Chevrolet Malibu today?”

That, Ford and Google are moving to the country, Hyundai halts in China and Volvo’s wagon spied in some guy’s garage … after the break! Read More >

By on December 29, 2015

buick-envision-usa-1

A picture is worth a thousand words, or millions of dollars worth of cars not built by the United Auto Workers.

That, and Buick is planning a surprise for Detroit, oil prices are ever-so-slightly up, a super mullet El Camino, and Manny, Moe and Jack … after the break!

Read More >

By on October 20, 2015

gas-pump-save-ftr

An interesting combination of reports, compiled by the New York Times, shows that Americans saved money at the pumps from cheaper gas is mostly going to more gas and more expensive gas.

The average American should have saved roughly $41 from cheaper gas prices, according to a report by JPMorgan. Instead of taking home those savings, most people only took home $22. A separate study by Brown University and University of Chicago researchers indicated that most people were buying more expensive gas when gas prices dipped.

The phenomenon, which is called “mental accounting,” roughly translates to people spending a target amount of money — regardless of price. Read More >

By on August 23, 2015

Entrance_OPEC_Headquarter_Vienna

Iran’s oil minister has said that an emergency OPEC meeting may be necessary to stem the tide of slumping worldwide oil prices, Reuters is reporting. Algeria has also called for an emergency meeting.

A barrel of crude oil slid to its lowest price last week of around $40, the lowest in more than six years. Record low gas prices could closely follow, which would help American drivers and car buyers, however the broader economic impact may be tougher to discern. Worldwide markets sank on Friday, largely on fears that China would slow its economic growth and instability in Greece could hamper European economies.

Read More >

By on August 21, 2015

Ford Mustang Receiving Gas Circa April 2015

Break out the champagne and 7-liter engines. Have one on us, alright?

The Wall Street Journal and Reuters are reporting that despite a mild increase in crude, oil is hovering around $40 a barrel and it’s expected to further dip in coming months to a six-year low on a global glut of oil.

The national average for a gallon of gas could drop to as low as $2, Green Car Reports says, which would be the cheapest its been since January, and could approach historical lows from 2008.

Read More >

Recent Comments

New Car Research

Get a Free Dealer Quote

Staff

  • Contributing Writers

  • Bark M., United States
  • Chris Tonn, United States
  • Bozi Tatarevic, United States
  • Vojta Dobes, Czech Republic

Get No-holds-barred, take-no-prisoners Automotive News in your Facebook Feed!

Already Liked