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When gas prices spiked above $4 last summer, Toyota couldn’t keep up with demand for the gas-electric Prius. When the company begins selling the third-generation 2010 Toyota Prius in a few weeks, the price will be about half the level of last year’s peak. That could make it difficult for Toyota to sell the new […]

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Stimulus plan calls for more fuel-efficient federal vehicles, but critics call it pork. President Obama today signed a presidential memorandum requesting the Department Of Energy to set higher efficiency standards for everyday household appliances. He spoke at the Energy Department to an audience of about 220 staffers. Mr. Obama also spent several minutes speaking about […]

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The next generation of hybrid and electric cars depends on lithium ion batteries—but the world’s biggest supply of lithium is controlled by a socialist country with no great love for the United States. When representatives from the Obama administration visited the Washington Auto Show yesterday, their message was clear: The President hopes to make the […]

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The trash bin of car history is filled with failed attempts to produce an emissions-free petroleum-liberated automobile. Hydrogen, ethanol, compressed natural gas, battery-electric, and ultra-lightweight cars have all been trotted out as silver bullet solutions, only to fail the tests of practicality and/or market acceptance. Environmentalists and policy wonks fed up with the next technology-du-jour […]

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Rahm Emanuel could emerge as the country’s most powerful advocate for fuel-efficient gas-electric vehicles. As President Obama takes office, he will be relying on a small team of advisers to help him hit the ground running. Most observers see Obama’s White House chief of staff Rahm Emanuel—a political insider often described as an attack dog—as […]

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In the first few days of 2008, the price of oil passed $100 a barrel on its way to a high of $147—resulting in record prices at the pumps and a feverish demand for smaller fuel-efficient cars such as hybrids. The global downturn in the economy in the second half of the year simultaneously cut […]

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Last Wednesday, President-elect Barack Obama announced former Iowa Governor Tom Vilsack as his choice to be the next Secretary of Agriculture. The appointment has fueled growing concern from ethanol critics, who worry that the Obama administration may expand subsidies to an industry that they feel has already received more than its fair share of generosity […]

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In his first televised interview since winning the election, President-elect Barack Obama spoke with Steve Kroft of CBS’s 60 Minutes about the potential bailout of the American auto industry. He also reminded the American people about the importance of breaking from their addiction to oil—despite the recent and dramatic drop in prices at the pumps. […]

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As investors grappled with the potential ramifications of a looming global economic downturn today, oil prices fell to levels not seen since late 2007. The dive was precipitated by a growing sense that in the coming months, businesses and individuals around the world will drastically cut oil use, and that a spike in demand from […]

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As investors grappled with the the potential ramifications of a looming global economic downturn today, oil prices fell to levels not seen since late 2007. The dive was precipitated by a growing sense that in the coming months, businesses and individuals around the world will be drastically cutting their oil use, and that a spike […]

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