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Venezuela nears end of the road for gasoline subsidy

2014-01-27 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: Gasoline is so dirt-cheap in Venezuela that the comparison undervalues dirt. Or, for that matter, almost any thing else Venezuelan drivers can think of. "It's cheaper than water," said one motorist, pointing out that bottled water costs far more than the 95-octane gasoline gushing into his Ford Explorer. "Cheaper than air," said the driver of a Chevy Tahoe, after paying more to fill a tyre than the tank. "The cheapest in the world," a third sport utility vehicle (SUV) owner boasted. "We could...

Tags: end road venezuela gasoline

 

Report: Tar-sands-derived gasoline threatening environment

2014-01-24 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

MPBN: Over the next six years, Mainers and other motorists around the Northeast can expect to be filling up their gas tanks with gas that is increasingly derived from Canadian tar sands oil. That's according to a new report from the Natural Resources Defense Council, which says the carbon intensive extraction and refining process for tar sands runs counter to many states' plans to cut carbon pollution, the major driver of climate change. Susan Sharon has more. According to the report, extracting and refining...

Tags: report environment threatening gasoline

 
 

Tata Motors launches REVOTRON family of next-generation gasoline engines

2014-01-22 12:30:13| Green Car Congress

Tags: family motors engines launches

 

Bullish Gasoline Bets Slump as Cold Blast Chills Demand: Energy

2014-01-20 10:46:20| Energy - Topix.net

Hedge funds reduced bullish bets on gasoline by the most since June as stockpiles surged to an 11- month high before a cold blast that probably will curb demand in the U.S. Midwest and Northeast.

Tags: energy cold demand blast

 

Petrochemical alchemy: Cheap gasoline and plastics, produced from cheap and abundant natural gas, is almost here

2014-01-15 15:12:23| Extremetech

Siluria, after five years of research, seems to have finally stumbled across a cheap method of converting natural gas into gasoline. Because natural gas is much more abundant and less in demand than crude oil, it's only one fifth of the price -- about $20 for the natural gas equivalent of a $100 barrel of crude. After Siluria's conversion process, it may be possible to halve the price of gasoline and other oil-derived products (commodity chemicals, plastics). The best bit: Due to Siluria's rather unique research methods, it has no idea why or how its process works -- only that it appears to work rather well.

Tags: is here natural produced

 

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