MINNEAPOLIS— A federal judge ruled Friday that part of a Minnesota law designed to promote the use of renewable energy is unconstitutional because it attempts to control business that takes place outside state borders— and she barred Minnesota officials from enforcing it.» Read More
Since writing my blog earlier today about whether or not you would be willing to pay extra ($1,500-$6,000) for a car that could guarantee returning an average of 35 mpg, I've been surprised both at the number of answers I've received, and what many of you are saying.
There's a bit of a debate brewing in Detroit, and frankly with all of the automakers around the world. The question is: How much more will car/truck/SUV buyers pay to buy a model that delivers 35 MPG? Or for that matter, to buy a ride that will meet the new fuel economy standards?
It’s easy to see why oil prices saw a dramatic plunge to nearly $86 a barrel overnight as equities slumped around the globe. A major player was absent and that’s why traders here at the NYMEX say the reaction in the oil market, with the U.S. market closed yesterday for the Martin Luther King Jr. holiday, may have been overdone.
With all the attention focused on building gas electric hybrids, new forms of ethanol, and hydrogen fuel cells, the most interesting race in the auto industry is the development of electric powered cars and trucks.
Schlumberger, the world's largest oilfield services company, posted a 22 percent rise in fourth-quarter profit on Friday, but said weaker prices in the United States and the effects of seasonal weather hurt margins.
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Output from the world's oil fields is declining at 4.5 percent per year -- significantly slower than the 8 percent rate many analysts have assumed, according to a study by Cambridge Energy Research Associates released Thursday.
U.S. wind power grew by 45 percent in 2007, blowing away past annual growth marks, industry group American Wind Energy Association said Thursday.
When you walk around the Detroit Auto Show, it's hard to say one model stands out above any other. Sure, the luxury and super luxury rides from Rolls, Lamborghini and Mercedes catch your eye. But there is rarely a brand new car that has people talking. This year it's a little different.
The Japanese auto giant announces a big green initiative at the Detroit Auto Show, saying it plans to test hundreds of plug-in hybrid vehicles with fleet and commercial customers worldwide by the end of 2010.
British airline Virgin Atlantic said on Monday it would run the world's first commercial jet flight powered by biofuel between London Heathrow and Amsterdam next month.
The average price for a gallon of gasoline in the United States rose nearly 10 cents due to high crude oil prices, but they are not likely to continue to climb in the immediate future, an industry analyst said on Sunday.
French President Nicolas Sarkozy confirmed on Sunday plans to sign a nuclear cooperation agreement with the United Arab Emirates amid reports French firms could construct up to two nuclear reactors there.
Friday afternoon I walked into Cobo Hall in Detroit and there was a flurry of activity with cars being brought in, stages being set up, and elaborate new model introductions being rehearsed. Welcome to Detroit two days before the city's big auto show.
Investors should raise their exposure to agricultural commodities and buy into stocks in the sector, as demand from emerging markets increases and the size of arable land is shrinking, putting additional pressure on the already tight supply, analysts said Friday.
Norway has excluded one British, one South Korean and one U.S. company involved in arms production from its $380 billion oil fund on ethical grounds, the Norwegian finance minister announced on Friday.
Nigeria’s main militant group, the Movement for the Emancipation of the Niger Delta, reportedly fired on six oil industry ships today and threatened an attack that will cause an “economic tsunami” in the world’s oil market.
Royal Dutch Shell execs have been talking about the impact of high oil prices on future energy projects--but the company continues to press on with plans despite headwinds facing the sector. “Increasing supply is best way to affect the price,” says Shell Oil President John Hofmeister.
Prime Minister Wen Jiabao responded this week to growing public anxiety about inflation by announcing that China would freeze energy prices in the near term, even as international crude oil futures have continued to surge.
Having covered and coming to know Alan Mulally during his time running Ford and previously as head of Boeing Commercial Airplanes, I've come to expect him to be upbeat, even in the most dire of times. I've also been with him enough to know when his optimism turns to quiet confidence.
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