WARREN, Mich. (AP) — As automakers race to make cheaper electric cars with greater battery range, General Motors is working on one that can go 200 miles per charge at a cost of about $30,000, a top company executive said.
The California New Car Dealers Association called on the state Department of Motor Vehicles to investigate Tesla Motor Inc.'s advertisements, alleging the company made "unsubstantiated" savings claims, Bloomberg reports.
German investor group Fritz Nol offered the Energy Department the first formal bid for Fisker Automotive, a near-bankrupt electric car company that owes the federal government most of a $192 million loan, The Christian Science Monitor reports.
FRANKFURT, Germany (AP) — The dizzying decline in Europe's car market may have halted, but sales will remain at low levels for years, manufacturers at the Frankfurt Auto Show warned as they set out to wow customers with green vehicles and new technology.
FRANKFURT, Germany (AP) — Here are 10 of the most eagerly awaited new cars going on display at the Frankfurt Auto Show. The show opens to journalists on Tuesday, industry visitors on Thursday and the public on Saturday. It runs through Sept. 22.
No new rules on chemical safety and storage have been put into place a year after an ammonium nitrate explosion killed 15 people and damaged hundreds of homes in West, Texas, The Wall Street Journal reports, which notes the disaster has spawned disagreements instead.
With rhetoric growing more heated ahead of Ukraine talks set for Thursday, oil prices were back on the rise. WTI increased 88 cents Wednesday in electronic trading on the Nymex to $104.63 a barrel, while in London Brent crude hit $110 a barrel midmorning local time, Reuters reports.
The Texas Petro Index, monitoring the oil and gas industry in the state, hit a level in February not seen since 1980, according to the statistic’s creator, who said crude production for the month came to some 77.2 million barrels, FuelFix reports.
The Senate Majority PAC, providing money for vulnerable Democrats, picked up $11 million in the 1st quarter but other super PACs have been doing well with fund raising also, The Washington Post reports.
Railroads, used to operating under exclusively federal jurisdiction, are coming under increasing pressure to provide more information as they carry crude oil, and will face new rules forcing them to do so this summer, The New York Times reports.
Frigid weather this past winter that resulted in gas price spikes points to the need to improve the ways natural gas gets to market, but more pipeline capacity may not necessarily steady costs, panel members said at a gas forum in Atlanta, Platts reports.
Recent finds of mildly radioactive oil filter socks have triggered concern and illustrates how authorities in North Dakota are having trouble handling some aspects of the shale drilling boom, The Wall Street Journal reports.
As part of a two-year plan to dispose of some of its assets, BP is looking for buyers to take on rights for some 280,000 acres in the Texas Panhandle, in an area rich in natural gas that the company says would be better suited to an operator used to getting the most out of mature territory, FuelFix reports.