oil companies

Oil companies will pay $6.8 million in fines for not meeting federal quotas for blending in cellulosic biofuels – those produced from grasses, wood and plants – even though there weren't enough of those biofuels available for use, the New York Times reported. Those fines are likely to ...

The voters of California have, as expected, handed defeat to Proposition 23, the oil-company-backed initiative that would have rolled back Assembly Bill 32, a 2006 law that, among other things, forces the state to turn to cleaner methods of generating energy in order to cut carbon emission ...

If you know what the acronym VMT stands for, then this story probably won't come as much of a surprise. VMT stands for vehicle-miles traveled, and Americans drove their VMT numbers way, way down last year. VMT is just one way to measure demand for oil, and the decrease in VMT plus the rise of ...

How much is filling up going to cost you this Summer?Gas prices are once again steadily climbing with Spring approaching, the possibility now looming for prices to equal last year's highs of $3 a gallon. Prices in Detroit are up 38 cents in just the last month and are now as high as they were in ...

Here at AutoblogGreen, we try our best to bring you the latest in green automotive news. But what about right now... what if you want to do your best with your current situation. I can certainly understand that, as I would love to own the latest, most fuel-efficient vehicle around, too, but ...

Kimberley Strassel is on the editorial board of the Wall Street Journal, and she went on The Daily Show with Jon Stewart last week to talk about oil prices, oil companies and ethanol. Her basic argument was that high oil prices at the pump are not the fault of oil companies and their ...