President Trump’s tweet Friday morning shifted the debate about rising gasoline prices, the effects on American consumers, and OPEC’s role in the global oil markets.
Stay on top of the latest developments in oil markets, geopolitical risk, and alternative fuel vehicles with the SAFE policy team's Chart of the Week.
March was the strongest month ever for electric vehicle sales in the U.S., with more than 25,500 sold. The fact that record sales occurred during the first quarter, when they typically lag, is remarkable and bodes well for the entire year.
The shipping industry accounts for five million barrels per day of demand. Implications of both fuel specification changes coming in 2020 and the emissions target for 2050 could be enormous for refiners and the entire oil industry.
If the ability to pay for a new automobile is impaired by the taxation of student debt forgiveness, the costs of vehicle ownership relative to available household funds could escalate beyond affordability.
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.
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.
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.
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.
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.