Not Logged In Log In   Sign Up   Points Leaders
Follow Us    6:33 PM

Recent Gas News/GasBuddy Blog

11
votes
pump to homepage help
Jeep likely to give next-gen Wrangler an aluminum body

Automotive News -- A redesign of the Wrangler remains the biggest job on Jeep's to-do list in the next three years.

Engineers are striving to shave weight and expand the powertrain offerings of the Wrangler -- while keeping it a top off-roader.

Wrangler: The next-generation Wrangler, due in mid-2017, likely will

have an aluminum body and a raked nose and windscreen to improve its "rolling brick" aerodynamics. Most of the needed fuel efficiency improvements will come from the addition of an eight-speed automatic transmission, though other engine offerings, including a four-cylinder diesel, remain a possibility.  (go to article)

Submitted 1 minute ago By:
1 Comments
Not Newsworthy
17
votes
pump to homepage help
Demand vs. supply in the shale revolution

Fierceenergy.com -- Additional natural gas demand from re-emerging and non-traditional sources could exceed 5 billion cubic feet per day by 2019 as numerous proposed projects come online in the U.S and Canada, according to research by Bentek Energy.

The research examined the prospective demand from new and old sectors -- those that had downsized or closed in the early 2000s -- and concluded that new demand, rather than new production, could become the driving force of the U.S. shale revolution during through 2019.

Evaluating the capacity of the power-generation, industrial, residential/commercial and export sectors, Bentek analysts focused on project types posing the greatest market-altering potential if they grow simultaneously at their estimated paces,  (go to article)

Submitted 31 minutes ago By:
10 Comments
Not Newsworthy
17
votes
pump to homepage help
Rice University scientists seek solutions to recycle fracking water

Fierceenergy.com -- More advanced recycling rather than disposal of "produced" water pumped back out of wells could calm fears of accidental spillage and save millions of gallons of fresh water a year, according to Rice University chemist Andrew Barron, who led a recent analysis of water produced by hydraulic fracturing (fracking), and how to treat and reuse it in environmentally friendly ways. The primary goal of the researchers is for their analysis to aid in anticipating future problems as industry develops processes to remove organic compounds from water bound for reuse.

The project began with chemical analysis of fracking fluids pumped through gas-producing shale formations in Texas, Pennsylvania and New Mexico.  (go to article)

Submitted 31 minutes ago By:
7 Comments
Not Newsworthy
20
votes
pump to homepage help
Crude oil rides Texas’ rails with little tracking

HoustonChronicle.com -- To fulfill the minimum requirements of a federal emergency order, state public safety officials agreed to receive some information about potentially volatile oil arriving from the Bakken in North Dakota.

They do not assess cargo starting in Texas, passing through from other places or moving toward Houston. They do not test its flammability. They do not, in any significant detail, track its quantities, movements or destinations.
 (go to article)

Submitted 33 minutes ago By:
59 Comments
Not Newsworthy
20
votes
pump to homepage help
Marijuana Legalization Has Researchers Wondering If Traffic Deaths Will Rise

Associated Post -- WASHINGTON (AP) — As states liberalize their marijuana legal guidelines, public officers and security advocates fear that extra drivers excessive on pot will result in an enormous improve in visitors deaths. Researchers who’ve studied the difficulty, although, are divided on the query.  (go to article)

Submitted 33 minutes ago By:
65 Comments
Not Newsworthy
21
votes
pump to homepage help
Russia, China Begin Joint Construction of Massive Energy Pipeline

Breitbart -- China faces an existential threat to their export-based economy due to high energy costs, and Russia faces an existential threat to their energy-based economy due to crippling Western financial sanctions. By agreeing to jointly build the “Power of Siberia” as the world’s largest energy pipeline, Russia and China are reviving their economic and military relationship that imploded with the fall of the Soviet Union.

Russian President Vladimir Putin and Chinese Vice Premier Zhang Gaoli ceremonially signed a freshly-welded pipe in a ceremonial Russian tradition to launch construction of Gazprom’s “Power of Siberia” across eastern Russia. “The new gas branch will significantly strengthen the economic cooperation with countries in the Asia-Pacific region and, above all, our key partner Chin  (go to article)

Submitted 33 minutes ago By:
63 Comments
Not Newsworthy
14
votes
pump to homepage help
Aston Martin may lose U.S. dealers without safety exemption

Reuters Via Yahoo News -- U.S. Aston Martin dealers say they are in danger of closing if federal regulators refuse to give them an exemption to safety rules that would allow them to keep selling all four models the British luxury sports car maker produces.

U.S. Aston Martin dealers cannot sell DB 9 and Vantage models produced after Aug. 31.

The 101-year-old maker of sports cars, including James Bond’s original car of choice, asked the National Highway Traffic Safety Administration in March for an exemption of up to three years to federal side-impact safety standards.  (go to article)

Submitted Yesterday By:
7 Comments
Not Newsworthy
17
votes
pump to homepage help
EPA approves FutureGen plan for carbon dioxide storage

St.LewisPost -- The U.S. Environmental Protection Agency approved permits for the FutureGen clean coal project to store carbon dioxide underground.

The permits approved Tuesday are a key piece of the project. FutureGen aims to capture carbon dioxide from coal at a power plant in western Illinois and store it. Carbon dioxide is a greenhouse gas linked to climate change.

The EPA said the permits are the first of this type for carbon sequestration.

FutureGen Alliance CEO Ken Humphreys called the permits a major milestone.

The alliance has said construction recently started on parts of its long-planned $1.6 billion project in Meredosia, Illinois The U.S. Department of Energy is providing $1 billion.  (go to article)

Submitted Yesterday By:
8 Comments
Not Newsworthy
17
votes
pump to homepage help
TRUCK WRECK SCATTERS BEER ACROSS KATY FREEWAY

ABC13 -- An early morning crash has left a huge cleanup of hundreds off beer cans along the freeway. Around 12:30am, Houston police say an 18-wheeler collided with a car. Officers were called to the westbound side of the Katy Freeway near the Silber exit.

Investigators say the crash forced the semi-truck to flip over on its side, spilling hundreds of cases of Busch beer on the freeway.

"The tractor trailer overturned with cases of beer all over the freeway," said Lt. Larry Crowson, Houston Police Department. "It could be two or three hours, depending how long it takes to clean all this beer up."

The driver of the 18-wheeler and the driver of the car were taken to this hospital with minor injuries.
 (go to article)

Submitted Yesterday By:
17 Comments
Not Newsworthy
17
votes
pump to homepage help
GM to launch cars that nag you to death?

Yahoo Celebrity -- Naughty, naughty. ProactiveInvestors Stocktube/YouTube screenshot by Chris Matyszczyk/CNET

Who doesn't love a backseat driver?

Watch out for that woman crossing the road, sweetums.

You're getting too close to the car in front, darling.

I imagined that there must be a tech company keen on transposing that sort of helpful passenger and inserting it into the bowels of the car.

So this morning, the Financial Times informs me that General Motors intends to launch cars that monitor your distracted driving.

Rumor has it that the company that brought you cars as exciting as, oh, I forget now, is installing tech that will track your eye and head movements.

The company providing that software is said to be Seeing Machines, which originated in Australia. The Seeing Machines website is bold in  (go to article)

Submitted Yesterday By:
24 Comments
Not Newsworthy
18
votes
pump to homepage help
Some protesters blocking oil train face arrest

Bismarck Tribune -- SEATTLE — About a dozen demonstrators blocked railroad tracks Tuesday at a Burlington Northern Santa Fe yard in Everett, and several of those protesting train shipments of oil and coal and proposed export terminals in the Northwest faced arrest after refusing to leave.

Organized by the group Rising Tide Seattle, they erected a tripod of poles over the tracks with a woman perched on top, about 20 feet up, while others locked themselves to the three legs.  (go to article)

Submitted Yesterday By:
15 Comments
Not Newsworthy
22
votes
pump to homepage help
How Old Tires Can Help Build Better Batteries

OilPrice -- We’ve already seen the news about how researchers at the Massachusetts Institute of Technology have recycled dead car batteries to create clean solar power. Now scientists at the Oak Ridge National Laboratory are cannibalizing old tires to help lithium-ion batteries power electric cars and store solar and wind energy. Rubber tires contain a substance called pyrolytic carbon black, and by extracting it from discarded tires and modifying its microstructural characteristics, a team of researchers is building a better anode for batteries. (Anodes are negatively charged electrodes used for storing lithium while the battery is charging.) Oak Ridge, a division of the U.S. Department of Energy, reports in the journal RSC Advances that it has developed a proprietary method of recovering pyrolytic c  (go to article)

Submitted Yesterday By:
24 Comments
Not Newsworthy
17
votes
pump to homepage help
The Coal Crisis Is Hitting Critical Here

OilPrice -- Things never look that bad. Until they are. Like in India's coal sector. Where recently, many analysts have been suggesting that demand is going remain subdued--as with the global sector in general. But for anyone watching the numbers the last few years, it's been clear major problems are coming in coal supply here. And last week, news emerged showing that the issues in the coal sector have hit full-on crisis levels. Platts reported that India's main power producer NTPC has been forced to shut down 46% of its coal-fired capacity across the country. Due to insufficient coal supplies arriving at these power plants. Meaning a big loss in total electricity supply--with 16 gigawatts now idled. The majority of the outages are coming in northern and central India. Where coal demand for power gene  (go to article)

Submitted Yesterday By:
16 Comments
Not Newsworthy
17
votes
pump to homepage help
Halliburton pays $1.1 bn for Gulf of Mexico BP spill

msn news -- Oil services company Halliburton said Tuesday it would pay a $1.1 billion settlement over its role in the 2010 Gulf of Mexico oil rig blowout that led to the United States' most disastrous oil spill.Halliburton said the money would be paid to the Gulf fishing industry and other victims of the Deepwater Horizon disaster, including some claims made in suits against oil giant BP.

Under contract with BP, Halliburton constructed the cement casing of the offshore deepwater Macondo well that blew out on April 20, 2010, killing 11 people.
 (go to article)

Submitted Yesterday By:
25 Comments
Not Newsworthy
18
votes
pump to homepage help
Georgia dealers want Tesla store shuttered for selling too many Teslas

Yahoo! Autos -- Imagine owning the most popular automaker in the United States. Now imagine a special ?interest group eliminating your ability to serve over 10 million Americans unless you did business with their unique cartel.

That's in essence what happened right before Labor Day weekend, when the Georgia Auto Dealer Association filed a petition with state officials seeking to cancel Tesla's license to sell its cars in the state of Georgia.

Tesla's crime? Selling 173 cars directly from a factory-owned store located 25 miles away from Atlanta, the only Tesla retail location in Georgia. The dealers say Tesla can only sell 150 cars a year from the shop under state rules, and therefore should lose its dealer license entirely.  (go to article)

Submitted Yesterday By:
23 Comments
Not Newsworthy
18
votes
pump to homepage help
EPA’s Renewable Fuel Quota May Rise as Gasoline Sales Climb

Bloomberg -- U.S. renewable fuel quotas may end up higher than a proposal issued last year because gasoline use is climbing, the Environmental Protection Agency’s chief said.

Administrator Gina McCarthy told an investors’ conference in New York that the quotas, which are months overdue, will be released soon. She declined to discuss any specific figures, while laying out the rationale for a modest increase.

Tim Cheung, a research analyst at ClearView Energy Partners in Washington, predicted the EPA will require 13.6 billion gallons of ethanol be blended into gasoline for vehicles -- about 600 million gallons more than the agency proposed.

“We think the upward revisions are probably going to be limited,” Cheung said in an interview.

Investors, representatives of refiners Valero Energy Corp. (VLO) an  (go to article)

Submitted Yesterday By:
10 Comments
Not Newsworthy
15
votes
pump to homepage help
Ford abandons practice of removing items to boost heavy-duty pickup payload ratings

Automotive News -- Ford Motor Co. said it will abandon its practice of stripping removable items from its heavy-duty pickups to boost their payload ratings and will join competitors in using base curb weights.

The automaker also said today that it will state the maximum towing rating for the 2015 F-450 using the industry’s SAE J2807 towing standard.

That’s a change from Ford’s previous practice of using its own tests to determine the heavy-duty pickup’s maximum towing rating. [...]

A spokesman said today that the towing ratings for the F-250 and F-350 would not A spokesman said today that the towing ratings for the F-250 and F-350 would not be restated under the J2807 standard until they were redesigned. But the F-250 and F-350’s maximum payloads would be restated using base curb weights.  (go to article)

Submitted Yesterday By:
13 Comments
Not Newsworthy
14
votes
pump to homepage help
Tesla may be forced to pull the plug on Georgia store

LA Times -- Electric-car maker Tesla Motors may have to stop selling vehicles in Georgia.

An auto dealers association has asked Peach State officials to bar the Palo Alto-based company from offering its Model S sport sedans and upcoming Model X SUVs at its Atlanta-area retail store.

The Georgia Automobile Dealers Assn., in a petition to the Georgia Department of Revenue, alleges that Tesla has sold 5,200 Model S sedans in the United States so far this year, 173 of them in Georgia.

That's a violation of the sales-license waiver Tesla had received from the state of Georgia, the group alleges. The association said in its petition that the waiver limits Tesla sales in the state to 150 vehicles per year.

The organization, which represents approximately 500 car dealers in Georgia ...  (go to article)

Submitted Yesterday By:
12 Comments
Not Newsworthy
18
votes
pump to homepage help
Brent oil sinks to 16-month low on demand fears, strong dollar

Reuters -- Brent crude oil futures fell to the lowest level in 16 months on Tuesday, pressured by the prospect of slowing oil demand growth in China and Europe, while a strong dollar and ample supplies pushed U.S. prices to a seven-month low.

Oil prices on both sides of the Atlantic have been in steady decline since the end of June as concerns faded over supply disruptions from Iraq, Libya and Russia. Continued supply from key producing regions and tepid demand has left global markets well stocked.

Brent crude for October delivery fell $2.45 to settle at $100.34 a barrel, its lowest closing price since May 1, 2013. U.S. crude dropped $3.08 from Friday's close to settle at $92.88 a barrel, the lowest since Jan. 14. There was no trading in the United States on Monday because of the Labor Day holiday.  (go to article)

Submitted Yesterday By:
12 Comments
Not Newsworthy
18
votes
pump to homepage help
TX Lawmaker Barton Backs Lifting Oil Export Ban Despite Peers' Misgivings

Reuters -- A senior U.S. Congressman from Texas has come out in full support of the United States lifting the 40-year old ban on crude oil exports, putting him at odds with fellow House Republicans wary of weighing in on the controversial issue.

Rep. Joe Barton, who until now has maintained a relatively neutral public stance on a topic that has divided Republican members of the House energy and commerce committee, told Reuters in a statement that the time was right for the United States to overhaul its long-standing restrictions on exporting crude oil.

"The shale revolution has changed the energy landscape in our country. It is time to change our laws to match this new reality," said Barton, who represents Texas' sixth Congressional district just southwest of Dallas, several hundred miles from the  (go to article)

Submitted Yesterday By:
7 Comments
Not Newsworthy
18
votes
pump to homepage help
Nuclear fusion project in France awards $1.2 million contract to Maine manufacturer

Bangor Daily News -- PORTLAND, Maine — A Gorham-based manufacturer has won a $1.2 million contract from the international group building a nuclear fusion reactor in southern France.

MEGA Industries announced Tuesday that its coaxial components were selected for testing by a group of researchers based in India, who are collaborating on the project with teams from the United States, the European Union, Japan, South Korea, Russia and China.

The company engineers and manufactures components for the military and aviation as well as particle accelerators and fusion research at a 40,000-square-foot manufacturing facility in the Gorham Industrial Park.

The company has 46 employees and plans to hire two new engineers and three machinists as a result of the new contract, according to a spokesman. It also has expanded  (go to article)

Submitted Yesterday By:
6 Comments
Not Newsworthy
19
votes
pump to homepage help
New York driver decapitates himself by chaining neck to pole, hitting gas pedal

Bangor Daily News -- NEW YORK — A 51-year-old man decapitated himself in New York’s Bronx borough by chaining his neck to a pole, getting into his car and stomping on the gas, police said Tuesday.

The gory scene in the Hunts Point neighborhood of the Bronx, where the man’s head and body lay on the street after the incident Monday, was under investigation as an apparent suicide.

Police said Tomas Rivera, of Port Jervis, New York, about 70 miles northwest of New York City, went to Longfellow Avenue in the Bronx at about 9:20 a.m. and wrapped a chain around a pole.

He then entered his white Honda Pilot and put the other end of the chain around his neck, according to police. Once inside the car, he hit the gas pedal, causing the chain to yank off his head, which flew back onto the street.

The car continued dow  (go to article)

Submitted Yesterday By:
30 Comments
Not Newsworthy
18
votes
pump to homepage help
The Case For Tesla's $400 Per-Share Future

Forbes -- As recently as May, shares of Tesla Motors were trading under the $200 mark — but according to one analyst at Stifel Nicolaus, the stock could easily hit $400 in the foreseeable future, thanks largely to what the firm sees as Tesla’s “defensible niche in the global market for luxury electric vehicles.”

In a research note out Tuesday, Stifel Nicolaus analyst James Albertine raised Tesla’s rating from a hold to a buy, giving the electric car company a $400 price target, a figure that’s more than $100 higher than its current $282 per-share price and double what the stock was trading for just this past May. Albertine also raised Tesla’s 2017 earnings per share estimate from $6.14 to $8.28, citing increased Model X pricing assumptions, “modestly” increased Model S/X output and a 33% non-GAAP g  (go to article)

Submitted Yesterday By:
8 Comments
Not Newsworthy
19
votes
pump to homepage help
PG&E Fined $1.4 Billion For Violations Leading To 2010 San Bruno Pipeline Explosion

CBS San Francisco -- SAN FRANCISCO (CBS SF) — PG&E was hit with $1.4 billion in penalties by the California Public Utilities Commission Tuesday for safety violations related to a deadly gas pipeline explosion in San Bruno in 2010.

The new fines and penalties bring the total amount PG&E has been ordered to pay in the wake of the explosion—which killed eight people and injured 66 others on Sept. 9, 2010 — to more than $2 billion.

Two CPUC administrative law judges ruled that PG&E had committed nearly 3,800 violations of state and federal laws and regulations over several years leading up to the explosion.

The penalties include $950 million to be paid to California’s general fund, $400 million in pipeline improvements—the cost of which cannot be passed on to customers—and another $50 million to enhance pipelin  (go to article)

Submitted Yesterday By:
10 Comments
Not Newsworthy
18
votes
pump to homepage help
Another Beheading by Isis

CNN -- American journalist Steven Sotloff speaks to the camera in the ISIS video before his apparent execution.  (go to article)

Submitted Yesterday By:
22 Comments
Not Newsworthy
21
votes
pump to homepage help
Spot Gas Prices

EIA -- This shows the spot price of Gas and other fuels at their port of entry. New York, Gulf Coast and LA.
I found it interesting.  (go to article)

Submitted Yesterday By:
9 Comments
Not Newsworthy
18
votes
pump to homepage help
‘Smart’ car group promises less oil use, better air Read more: http://thehill.com/policy/technolo

the Hill -- For instance, tools that give drivers more information about road conditions and traffic through the Web could result in people using 420 million fewer barrels of oil over 10 years, which adds up to reduction of 70 million metric tons of carbon dioxide — the main greenhouse gas emitted by humans.
Additionally, upgrading infrastructure and traffic system technology could save another 117 million barrels of oil over a decade, it promised.

As an example of those infrastructure changes, the group pointed to Los Angeles County, which implemented a new program to ensure that traffic lights on major thoroughfares were coordinated so people did not have to stop and start at every block. That cut down on travel time by 31.3 million hours, the trade group found, and saved 38 million gallons of gas  (go to article)

Submitted Yesterday By:
8 Comments
Not Newsworthy
19
votes
pump to homepage help
Cost of Denver gasoline 18 cents above the national average

The Denver Post -- The cost of a gallon of gasoline in Denver on Monday was 18 cents higher than the national average, a trend that started several weeks ago.

For most of the year, prices in Denver were far lower than the national average.  (go to article)

Submitted Yesterday By:
15 Comments
Not Newsworthy
25
votes
pump to homepage help
Frankfurt court bans Uber taxi services across Germany

Reuters -- A court has barred ridesharing service Uber from operating in Germany, the latest shot in the popular app's fight with taxi drivers worldwide.

Frankfurt state court spokesman Arne Hasse said Tuesday the decision that Uber can't offer its services without a specific permit under German transport laws applies nationwide.

The injunction applies pending a full hearing of a suit brought against Uber by Taxi Deutschland, a German cab association that also offers its own taxi-ordering app. The suit is being heard in Frankfurt because it is one of the several German cities in which Uber operates.
 (go to article)

Submitted Yesterday By:
23 Comments
Not Newsworthy
29
votes
pump to homepage help
In 10 Years, Electric Cars Make Home Solar Practical Without Subsidies: UBS

Green Car Reports -- By 2020, the bank says, the combination of a home solar system, batteries, and a plug-in car could pay for itself in six to eight years for the average European consumer.

That estimate applies only to Europe, where electricity rates can be twice the U.S. average of 12 cents per kilowatt-hour and in some cases higher yet.
 (go to article)

Submitted Yesterday By:
31 Comments
Not Newsworthy
27
votes
pump to homepage help
Scientists use E.coli bacteria to create fossil fuel alternative

reuters -- (Reuters) - British and Finnish scientists have found a way of generating renewable propane using a bacterium widely found in the human intestine and say the finding is a step to commercial production of a fuel that could one day be an alternative to fossil fuel reserves.

"Although we have only produced tiny amounts so far, the fuel we have produced is ready to be used in an engine straight away," said Patrik Jones of the department of life sciences at Imperial College London, who worked on the research.

He said while work is at a very early stage, possibly 5-10 years from the point where commercial production would be possible, his team's findings were proof of concept for a way of producing renewable fuel now only accessible from fossil reserves.  (go to article)

Submitted Yesterday By:
31 Comments
Not Newsworthy
27
votes
pump to homepage help
Oil Slips as End of Peak Driving Season May Reduce Demand

Bloomberg -- West Texas Intermediate crude retreated for the first time in five days amid speculation that the end of the peak driving season and start of refinery maintenance will curb demand.

WTI fell as much as 1.5 percent as gasoline futures reached the lowest level for a front-month contract since November. The main driving season in the U.S. typically runs through Labor Day and refineries slow operations during scheduled maintenance that peaks in September and October.

“It’s the typical post-holiday selloff,” said Stephen Schork, president of the Schork Group Inc. in Villanova, Pennsylvania. “We are going into refinery turnaround pretty soon. All that bullish exuberance has been exorcised out of the market right now.”

WTI for October delivery declined $1.25, or 1.3 percent, to $94.71 a b  (go to article)

Submitted Yesterday By:
40 Comments
Not Newsworthy
27
votes
pump to homepage help
Waldo suspends 2 police chiefs after quota claims

Press-Telegram & Associated Press -- AAA named the tiny town between Jacksonville and Gainesville one of only two "traffic traps" nationwide and even placed an attention-getting billboard outside the limits of the town to warn drivers to slow down before entering.

Now Waldo is facing a scandal following allegations that the town victimizes motorists in order to turn a profit. Two police chiefs have been suspended, the police department has rebelled and the state is investigating possible wrongdoing.  (go to article)

Submitted Yesterday By:
29 Comments
Not Newsworthy
28
votes
pump to homepage help
Halliburton To Pay $1.1 Billion Settlement Over Gulf Oil Spill

AP -- Houston - Halliburton says it has agreed to pay $1.1B to settle a substantial portion of plaintiff claims arising from the 2010 Gulf of Mexico oil spill

The settlement, which is subject to court approval, will be paid into a trust until appeals are resolved over the next 2 years

Halliburton was BP's cement contractor on the drilling rig that exploded in the Gulf in April 2010, killing 11 workers and triggering the largest offshore oil spill in U.S. history

The deal will settle claims assigned to Halliburton as a result of BP's settlement in 2012 and punitive damages from the loss of property or commercial fishing activity resulting from the oil spill
 (go to article)

Submitted Yesterday By:
24 Comments
Not Newsworthy
34
votes
pump to homepage help
Thousands get green energy jobs in California

Desert Sun -- Green energy advocates got some welcome news last week: More than 2,500 clean energy and clean transportation jobs were announced in California in the second quarter of 2014, including 150 in Riverside County.
Those numbers are courtesy of Environmental Entrepreneurs (E2), a consortium of green energy companies and investors. According to E2, Hemet-based solar installer Horizon Solar said in June it would hire 150 new employees, the only such job announcement in Riverside County last quarter.
In the first quarter of 2014, only 660 clean energy and clean technology jobs were announced in California, bringing the total for the first half of this year to almost 3,200  (go to article)

Submitted Yesterday By:
35 Comments
Not Newsworthy
24
votes
pump to homepage help
Dominion Resources will build 550-mile natural gas pipeline into NC

Charlotte Observer -- Duke Energy and Piedmont Natural Gas have selected Richmond, Va.-based Dominion Resources to construct a 550-mile pipeline to bring natural gas to Eastern North Carolina from the Marcellus Shale and other regions.

Dubbed the Atlantic Coast Pipeline, the project would cost between $4.5 billion and $5 billion and would go into operation in late 2018.

The pipeline, the second major interstate line into the state, will help meet growing demand from new industries and new power plants that were built in recent years to phase out burning coal in North Carolina.  (go to article)

Submitted Yesterday By:
8 Comments
Not Newsworthy
26
votes
pump to homepage help
Ending crude ban could benefit U.S.

Haynesville.com -- ConocoPhillips senior economist Helen Currie, citing a study by the energy consulting firm IHS Inc., said prices at the pump would fall by about 8 cents a gallon should crude exports be allowed.

Lifting the ban would allow the world’s refineries “to be able to make more gasoline and diesel because it would allow more efficient allocation of crude oil around the world,” she said.
 (go to article)

Submitted Yesterday By:
36 Comments
Not Newsworthy
29
votes
pump to homepage help
Canadians expose foreign worker 'mess' in oilsands

CBC News -- "People are angry and upset," said journeyman ironworker Johnny Demosten, who is still working at the site. He said many of the foreign workers don't know crane hand signals and other safety precautions.

"If they are journeymen, they are supposed to know the signals. It's pretty dangerous."
 (go to article)

Submitted Yesterday By:
24 Comments
Not Newsworthy
42
votes
pump to homepage help
Gas prices rise slightly as kids head back to school

GasBuddy Blog -- For many schoolchildren across the U.S., today is the day- it's back to school! Motorists should be mindful of that during their commutes. Busses will be returning to transport many kids to school, so be extra careful around them, especially when stopped.
For drivers heading back to work, the national average has inched up slightly in the last week across the country. Some areas of the Great Lakes and Florida (and surely more areas) have seen prices hike in the last week.
While the national average remains double digits lower per gallon lower than last year, we may see little change over the next week as we prepare for another decline in gas prices to take place in a couple weeks. Demand for gasoline declines after Labor Day, and by mid-September, cheaper winter gasoline will start to flow as EPA requirements ease for summer gasoline....  (go to article)

Submitted Yesterday By:
PD
896 Comments
Not Newsworthy
25
votes
pump to homepage help
Honda CR-Z Sport Hybrid gets HPD Street Perforamnce supercharge

futurecars.com -- By Aaron Turpen, August 25, 2014
Honda has announced the availability of a new Honda Performance Development (HPD) supercharger kit for the CR-Z Sport Hybrid as part of its full line of street performance accessories for the CR-Z line.

All Honda dealers in the United States have access to the full range of HPD kits for the 2013 and 2014 CR-Z.

The kit boosts powertrain output in the CR-Z Sport Hybrid to 197 horsepower with the air-to-air intercooler, high-flow fuel injectors, and ECU calibration. Suggested retail price for the kit is $5,495, not including installation. The installation of this Honda kit does not affect the owner's warranty.
 (go to article)

Submitted Yesterday By:
11 Comments
Not Newsworthy
24
votes
pump to homepage help
Driving Ferrari But Reporting Low Income To IRS Gets Ticket To Jail

Forbes -- Claiming you are destitute while you live like a king can get you into trouble with the tax man. If you get caught, you can claim you have a rich uncle. But if you can’t prove it, you’re still in trouble. And taxing authorities have heard just about every story in the book.

Take the case of the Italian fish trader who got a €210,000 tax bill when Italy’s financial police caught him in a tax story that, well, smelled fishy. The fish merchant claimed a hard luck story—a kind of reverse fish story—on his taxes. He reported that he was earning only €900 a month, about €10,000 a year. There was only one catch.

He was already under suspicion for things that didn’t jibe in his business. When the authorities went to search his home, they discovered that he had a penchant for expensive cars.  (go to article)

Submitted Yesterday By:
29 Comments
Not Newsworthy
29
votes
pump to homepage help
New fuel-efficient cars: The latest hybrids and diesels bring mixed results

Consumer Reports -- When car buyers think of fuel efficiency, many automatically think of hybrid models. Hybrids we’ve tested often lead their classes in gas mileage. And they can be ideal for lower-speed urban and suburban driving, when the vehicle can optimize its electric power.

But not all hybrids are created equal. With some, the trade-off for a high miles-per-gallon figure is performance that’s less smooth and refined. With others, it’s a smaller cargo area or less flexibility in carrying gear. Many automakers also load up their hybrids with extra features, which adds to their already higher sticker prices. And in a few cases, the hybrid’s added fuel economy isn’t much better than a conventional version of the same model.

Another option for stretching your fuel dollars is a diesel-powered . . .  (go to article)

Submitted Yesterday By:
25 Comments
Not Newsworthy
28
votes
pump to homepage help
Tech More: Driverless Car Google Google's Self-Driving Cars Won't Work In Heavy Rain Or On Most Roa

Business Insider -- It seems that Google may be facing a bumpier ride with self-driving cars than initially expected.

An MIT Technology Review report released last week said that the cars rely so much on maps and detailed data that they can't drive themselves around 99% of the USA. It's not a promising outlook for Google's new project.

Although the vehicles have already driven 700,000 miles safely, there is clearly still a lot of testing still to do. The cars have yet to drive in snowy conditions and it's not yet safe to drive in heavy rain either. Many of the problems arise from how good the detection technology is on the car and how well it is able to discriminate between different objects in view and between different weather conditions.

The vehicle's video cameras can detect the blink of a traffic ...  (go to article)

Submitted Yesterday By:
37 Comments
Not Newsworthy
30
votes
pump to homepage help
Surgeons and GPs more likely to cause car accidents than other workers

The Guardian -- Surgeons and GPs are the most accident-prone drivers, according to an analysis of 2 million insurance claims that reveals an extraordinary concentration of problem driving among healthcare professionals.

The analysis, by Moneysupermarket.com, found surgeons and GPs were nearly 100 times more likely to cause an at-fault accident while driving than a building society clerk.

For every 1,000 surgeons who drive a car, 361 made an at-fault claim in the past five years, compared with just 3.5 building society clerks, the research found.

It is not only doctors who are a danger on the roads. The figures show that the top 10 occupations registering an at-fault claim were all, bar one, connected to the healthcare profession – including district nurses, community nurses, health visitors and ...  (go to article)

Submitted Yesterday By:
34 Comments
Not Newsworthy
31
votes
pump to homepage help
Oil steady as global tensions stem a further price drop

MarketWatch -- Crude-oil futures were little changed in Asian trade Tuesday, with Brent almost flat as tensions in Ukraine and the Middle East stemmed further losses in oil prices.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in October traded at $95.77 a barrel at last check, down $0.19 in the Globex electronic session. October Brent crude on London’s ICE Futures exchange fell $0.02 to $102.77 a barrel.

U.S. markets will reopen after the Labor Day holiday weekend, and investors are likely to assess recent developments in Ukraine and Libya, and manufacturing and economic data from different countries, traders said.

In Ukraine, the military is moving to adopt a defensive strategy against an incursion by Russian troops, even as U.S. and European officials discuss ...  (go to article)

Submitted Yesterday By:
36 Comments
Not Newsworthy
46
votes
pump to homepage help
Railroad rights of way getting a closer look

The Spokesman Review -- BOISE – Thousands of miles of active railroad tracks in 11 Western states cross public land on 200-foot-wide rights of way granted under an 1875 law intended to encourage westward expansion.

But the U.S. Department of the Interior’s Office of the Solicitor determined it made a mistake 15 years ago by allowing too much discretion on what modern-day railroads can build or allow third parties to build on that land.

A proposed water pipeline in California having nothing to do with railroad operations prompted the agency to fix the 1989 error that could also be used to put in oil or natural gas pipelines.

 (go to article)

Submitted Yesterday By:
50 Comments
Not Newsworthy
58
votes
pump to homepage help
South Carolina Police Caution Motorists Against Ride-sharing

GasBuddy Blog -- Image From ..cnbc.comPolice are warning the public about the insurance-related risks of ridesharing services Uber and Lyft, according to South Carolina news reports.Charleston police will hold “sting operations” to warn Uber drivers and possibly fine them after the service launched in Charleston weeks ago, according to The Post and Courier, which also reported that Uber intends to pay those fines for its drivers there.Uber and other ridesharing services use smartphone apps to connect passengers and drivers. Drivers typically use their personal vehicles to drive passengers, raising questions with authorities over gaps in coverage and public safety. ...  (go to article)

Submitted Yesterday By:
PD
1354 Comments
Not Newsworthy
52
votes
pump to homepage help
From Seoul to Mexico City, pressure mounts to ease US oil export ban

25CNBC-REUTERS -- Washington is facing growing international pressure to ease its long standing ban on crude oil exports, with South Korea and Mexico joining the European Union in pressing the case for U.S. oil shipments overseas.

South Korean President Park Geun-hye told a visiting U.S. delegation of lawmakers on the House of Representatives energy committee on Aug. 11 that tapping into the gusher of ultra-light, sweet crude emerging from places like Texas and North Dakota was a priority, the lawmakers said.

One of South Korea's leading refiners has opened discussions with the government in Seoul over how to encourage Washington to open the taps, three sources in South Korea with direct knowledge of the matter told Reuters.

Mexico is also eagerly awaiting word from the U.S. Department of Commerce on...  (go to article)

Submitted Yesterday By:
80 Comments
Not Newsworthy
65
votes
pump to homepage help
Dodge Ram 1500 Tops Consumer Reports MPG Test

Gas2 -- Consumer Reports says the Dodge Ram 1500 EcoDiesel has the best fuel economy of any full size pickup truck sold in America. In their testing, it got 27 mpg on the highway and 20 mpg overall. Those numbers compare quite favorably with the EPA rating of 28 highway, 2o mpg city and 23 mpg overall. The CR numbers are probably closer to what owners should see in real world driving.

Ram’s brand director Bob Hegbloom said recently that improved fuel economy ratings have definitely helped sell more Ram 1500 trucks. He also said that the first manufacturer to offer a full size pickup that actually gets 30 mpg will “win the pick up truck war.” Others are getting close. Staff member Jo Borras recently took a Chevy Tahoe on a 1000 mile road trip with his family and all their stuff and averaged 25 mpg  (go to article)

Submitted Yesterday By:
893 Comments
Not Newsworthy
41
votes
pump to homepage help
Coal Miners See Signs of Recovery as Prices Stabilize

WallStJournal -- For two years, the world's coal miners have been plagued by a glut that has battered prices and led to the closure of mines, straining tiny towns from Australia to South Africa.

Now, some of the largest coal exporters are signaling the worst may be over as prices stabilize.

Coal-mining executives say a string of pit shutdowns should finally kick-start the market by curbing supply, while demand from buyers such as China and India appears to be picking up. The optimism is a reversal from past months when companies warned of a sustained market surplus, although they are stopping short of predicting a sharp rebound and see any recovery as gradual.

Coal is one of the world's most important energy products and is the biggest source of electricity generation, supplying about 40% of global need  (go to article)

Submitted Yesterday By:
45 Comments
Not Newsworthy
65
votes
pump to homepage help
Massive cyber attack on oil and energy industry in Norway

Naked Security -- As many as 300 oil and energy companies have been targeted by hackers in the largest ever coordinated cyber attack in Norway.

The Local reports that 50 companies in the oil sector have already been breached while another 250 are at risk.

Nasjonal Sikkerhetsmyndighet - Norway's National Security Authority (NSM) - has issued warnings to the companies it believes may be targeted including Statoil, the country's largest oil company. The identities of other firms that have been breached or targeted have not been disclosed at this time.  (go to article)

Submitted Yesterday By:
981 Comments
Not Newsworthy