Tag: oil prices

Clean Technica

The News About EVs Was Bright But Now The Future Is So Uncertain

The News About EVs Was Bright But Now The Future Is So Uncertain
7 min read

With recent good news about EVs, we have every right to feel optimistic. We’re ready to celebrate a tipping point for the dominance of gas cars on the road — as current vehicles are removed from service and the comfort zone with EVs increases, the goal of 30% new EV … [continued]

The post The News About EVs Was Bright But Now The Future Is So Uncertain appeared first on CleanTechnica.

Clean Technica

In Trump’s “Big Beautiful” Bill, Ugly Contradictions & Giveaways to Oil & Gas Industry

The News About EVs Was Bright But Now The Future Is So Uncertain
8 min read

In the runup to President Trump’s signing of his “Big Beautiful” spending bill on July 4, some climate activists wondered if Republicans would eliminate all federal subsidies for carbon capture projects, because Trump thinks climate change is a hoax. But the opposite happened. The $4 trillion spending package increases federal subsidies for carbon capture – … [continued]

The post In Trump’s “Big Beautiful” Bill, Ugly Contradictions & Giveaways to Oil & Gas Industry appeared first on CleanTechnica.

Clean Technica

Refinery Closures Present Risk for Higher Gasoline Prices on the West Coast

Refinery Closures Present Risk for Higher Gasoline Prices on the West Coast
4 min read

California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned refinery closures. If realized, the closure of the facilities is likely to contribute to increases in fuel price volatility on the West Coast. Phillips 66 announced plans last October to close its … [continued]

The post Refinery Closures Present Risk for Higher Gasoline Prices on the West Coast appeared first on CleanTechnica.

Clean Technica Climate change

Shale’s Self-Inflicted Crisis: Wastewater Injection Is Sinking Profits

Shale’s Self-Inflicted Crisis: Wastewater Injection Is Sinking Profits
8 min read

The shale industry is facing an entirely predictable consequence of its own making. Across major shale-producing basins, particularly East Texas and the Permian, excessive wastewater injection practices have created areas with extreme overpressure, driving up the cost of new drilling operations and threatening the economic viability of shale production in … [continued]

The post Shale’s Self-Inflicted Crisis: Wastewater Injection Is Sinking Profits appeared first on CleanTechnica.