Archives for March 2018
Electric cars may be cheaper than gas guzzlers in 7 years
Electric cars may be cheaper than their petroleum counterparts by 2025 if the cost of lithium-ion batteries continues to fall. Source: FuelFix
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Oil trades near $65 with inventories below 5-year average
Oil traded near $65 a barrel after U.S. crude inventories unexpectedly fell, dropping below their five-year average for the first time since 2014. Source: FuelFix
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El Paso Electric expands community solar program
El Paso Electric is expanding its community solar program, which allows customers to subsidize a solar farm owned by the utility and get credits towards their electricity bill. Source: FuelFix
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Petrochemicals executives focus on challenges ahead as industry booms
Petrochemicals executives on Wednesday agreed that plastics and other materials will drive demand for oil and gas in the coming decades but warned that capital discipline and advances in sustainability will be necessary as the...
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Interior Dept. announces $124.8 million in bids on "largest" offshore sale in U.S. history
A federal lease sale for the Gulf of Mexico billed as the largest in U.S. history generated $124.8 million in high bids, the Department of Interior said Wednesday. Source: FuelFix
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