The Fuse


Saudi Arabia Confidently Shifts Its Price Target as U.S. Enters Summer Driving Season

The Saudis continue shifting its goals for where oil prices should be. The Kingdom is now signaling that it wants to increase prices to $80-$100 per barrel in order to enhance the valuation for its planned initial public offering.

topics: Gasoline prices, OPEC, Saudi Arabia, Transportation Fuel Demand

ESLC Profile: Waste Management

Waste Management, headquartered in Houston, has been an industry leader in transitioning to alternative sources of fuel. Its fleet includes an increasing number of vehicles that run on CNG and other renewable transportation fuels.

topics: CNG Trucks, ESLC, Oil Dependence, Renewable Energy, Waste Management

Attacks on Oil Infrastructure Increase as Prices Reach Multi-Year Highs

A SAFE analysis shows that there were 1,480 terrorism incidents against oil and gas facilities worldwide between 2011 and 2016, a 387 percent increase from twenty years ago.

topics: Geopolitical Risk, Oil Markets, Saudi Arabia, Terrorism, Yemen

Uber Expands Services to Help End Car Ownership in Cities

At an event this week in Washington, DC, Uber’s CEO announced a number of new initiatives and partnerships, reinforcing the company’s strategy of expanding beyond its core business as a ride-hailing service.

topics: Ridehailing, Ridesharing, Uber, Urban Mobility

New York Targets Shared Mobility in Manhattan Congestion Initiative

Congestion fees have a number of both pros and cons, and are controversial for city planners and transportation service providers. They can be effective in the goal of reducing gridlock, but they also raise the cost of travel and limit access.

topics: autonomous vehicles, Congestion, Electric Vehicles, Lyft, New York City, Ridehailing, Uber