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The U.S. Energy Information Administration (EIA) estimates fuel prices could drop as low as $2.29 per gallon for gasoline and $2.87 for diesel. The department released its predictions this month in its annual Short-Term Energy Outlook with analysis for 2015 and 2016. “U.S. regular gasoline retail prices, which averaged $3.36 per gallon in 2014, [will] […]

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Officials with the Organization of the Petroleum Exporting Countries don’t believe oil prices will rise above $100 per barrel for the next 10 years, according to inside sources. This report comes from The Wall Street Journal, which saw excerpts of OPEC’s strategy report and interviewed others that had seen the full report. “The report predicted […]

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In order to maximize the environmental benefits of plug-in vehicles, says a new study, charging needs to be controlled to keep costs down and maximize renewable energy sources. A research team from Carnegie Mellon University (CMU) addressed the complicated relationship between the production costs and emissions for power companies to recharge an electrified car, publishing […]

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One of the requirements still needed to push hydrogen-powered cars into the mainstream is finding a way to economically produce the fuel, and a team of researchers said they have found the solution. Corn – easy and inexpensive to grow – could be the key that moves fuel cell vehicles (FCV) from fringe technology to […]

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The Secretary-General of OPEC predicted that oil prices have hit the bottom and will begin surging towards $200 a barrel, though he didn’t estimate a timeline for the price increase. The current prices of $45 to $55 a barrel denote the market’s bottom, said OPEC’s Secretary-General Abdulla al-Badri. The drop in oil prices have resulted […]

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A new Navigant Research report says the global market of hybrid, plug-in hybrid and battery electric trucks and buses could grow from 16,000 units annually in 2014 to nearly 160,000 by 2023. Admittedly, sales today are relatively low for medium and heavy duty vehicles (MHDV) but the market is expanding from infancy to something more […]

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The U.S. President had something to say on the wave of inexpensive gasoline sweeping the country. “I would strongly advise American consumers to continue to think about how you save money at the pump because it is good for the environment, it’s good for family pocketbooks and if you go back to old habits and […]

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As 2014 winds down and with 2015 about to unfold, alternative-energy transportation had ups and downs this year, but the trend is generally upward and more progress is in sight. Looking at the most telling of markers – actual new car sales – hybrids fell back from 2013 levels while plug-ins climbed higher, and diesel […]

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The growing movement of shifting investments away from fossil fuels and toward greener alternatives garnered perhaps its most symbolically important news yet. The heirs to the Rockefeller fortune, which came well over a century ago when brothers John and William Rockefeller founded the Standard Oil Company, have publicly announced they would divest completely from any […]

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While you may not need to change the oil on your Volt or other hybrid very often, you can now do so with a greener oil choice. Universal Lubricants announced that its Eco Ultra Synthetic Blend Motor Oil has been awarded a dexos1 license for meeting the rigorous quality requirements for use in General Motors […]

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