Not Logged In Log In   Sign Up   Points Leaders
Follow Us    4:12 PM

Recent Gas News/GasBuddy Blog

11
votes
pump to homepage help
If Unions Are Breaking Automakers, Why Are BMW and Mercedes So Rich?

Yes Magazine -- When the financial crisis of 2008 sent U.S. automakers to the precipice of failure, conservatives, notably Mitt Romney, urged the Obama administration to let the car companies go bankrupt. Neoconservatives blamed “high wages” paid to unionized autoworkers for the inability of GM, Ford, and Chrysler to compete. In his book The Crash of 2016, author Thom Hartmann points out a flaw in the argument that high wages to American workers are the problem. He says: Actually, Germany paid their autoworkers about $67 an hour (including wages and benefits). But the United States paid its average worker only $33 an hour (also including wages and benefits). On top of that, German car manufacturers were highly profitable, despite the comparatively large paychecks of their workers. BMW earned a before-tax  (go to article)

Submitted 10 minutes ago By:
4 Comments
Not Newsworthy
16
votes
pump to homepage help
Gas drilling company withdraws application for forced pooling in Western Pennsylvania

Tribune Review -- A fight over whether a Texas company can drill for oil and gas in Western Pennsylvania without consent from some landowners ended on Friday, a state regulator said, when the company withdrew its application for forced pooling.

Hilcorp Energy Co. of Houston had reached agreements with most owners of gas rights in Lawrence and Mercer counties where it wants to drill, and asked the state Department of Environmental Protection for access to gas under remaining properties as part of a 1961 law that it claimed allows the practice.

Hilcorp said it withdrew its application with the DEP “in order to move forward with development operations and in keeping with the best interests of its lessors.”

Morgan Wagner, a DEP spokeswoman, said Hilcorp filed written notice to withdraw its application, an  (go to article)

Submitted 39 minutes ago By:
2 Comments
Not Newsworthy
12
votes
pump to homepage help
EPA Looking to Expand - Again?

The Daily Signal -- BISMARCK, N.D. — A map developed by the EPA and released to a U.S. House committee investigating controversial proposed water regulations should have citizens concerned, says U.S. Rep. Kevin Cramer. “It is certainly alarming the EPA would develop these maps in secret and only release them after being confronted by members of Congress,”  (go to article)

Submitted 51 minutes ago By:
3 Comments
Not Newsworthy
17
votes
pump to homepage help
Online list IDs water wells harmed by drilling

The Wll Street Journal -- PITTSBURGH — Six years into a natural gas boom, Pennsylvania has for the first time released details of 243 cases in which companies prospecting for oil or gas were found by state regulators to have contaminated private drinking water wells.

The Department of Environmental Protection on Thursday posted online links to the documents after the agency conducted a "thorough review" of paper files stored among its regional offices. The Associated Press and other news outlets have filed lawsuits and numerous open-records requests over the last several years seeking records of the DEP's investigations into gas-drilling complaints.

Pennsylvania's auditor general said in a report last month that DEP's system for
 (go to article)

Submitted 1 hour ago By:
5 Comments
Not Newsworthy
13
votes
pump to homepage help
Building a Tesla

Tesla --
TESLA Assembly plant, Fremont, California Fascinating
Watch this and you'll better understand why manufacturing jobs will never be what they once were.

http://www.youtube.com/embed/8_lfxPI5ObM?rel=0  (go to article)

Submitted 2 hours ago By:
9 Comments
Not Newsworthy
16
votes
pump to homepage help
10 green cars that don’t suck

Yahoo! Autos (from Car and Driver) -- Mix pious intentions with dreary mechanical bits and then stir in some driving misery, and the result is a “green car.” Green not in the color of its paint, but in the environmental virtue of its engineering and marketing. Green as in economical with fuel but stingy on fun, great with emissions but lousy to pilot. Green cars are hybrids, diesels, and electric cars stripped to the point of making a rotted ox cart seem luxurious. Except that was then—you know, like, three years ago—and this is the green car now.

Audi A3 TDI Diesel
BMW i3
BMW i8
Chevrolet Corvette Stingray
Chevrolet Spark EV
Ford Fusion Energi Plug-In Hybrid
Honda Accord Hybrid
Porsche 918 Spyder
Tesla Model S
Volkswagen Golf TDI Diesel  (go to article)

Submitted 3 hours ago By:
19 Comments
Not Newsworthy
14
votes
pump to homepage help
Coolest Camper Ever

Fox News -- It might not be the first thing you look for when you open up Chrysler's Mopar parts catalog, but when you think about it, an off-road camper for your Jeep makes a lot of sense.  (go to article)

Submitted 3 hours ago By:
16 Comments
Not Newsworthy
25
votes
pump to homepage help
Los Angeles cops do not need to hand over license plate reader data, judge finds

Ars Technica -- A Los Angeles Superior Court judge will not force local law enforcement to release a week’s worth of all captured automated license plate reader (ALPR, also known as LPR) data to two activist groups that had sued for the release of the information, according to a decision issued on Thursday.

In May 2013 the American Civil Liberties Union of Southern California and the Electronic Frontier Foundation sued the Los Angeles Police Department (LAPD) and the Los Angeles Sheriff’s Department (LASD) in an attempt to compel the agencies to release a week’s worth of LPR data from a certain week in August 2012. The organizations have not determined yet whether they will file an appeal.

The organizations had claimed that these agencies were required to disclose the data under the California Public...  (go to article)

Submitted 4 hours ago By:
22 Comments
Not Newsworthy
25
votes
pump to homepage help
Toyota Fuel Cell Sedan Price, Tesla Battery Cost, Lighter Cars: Today's Car News

GreenCar -- Tesla Motors - Model S lithium-ion battery pack
Today we look, both directly and indirectly, at Tesla's future.

See why the Toyota hydrogen fuel-cell sedan could target the Model S, and how the electric-car maker's battery "Gigafactory" could get prices down to $100 per kilowatt-hour.

Meanwhile, the internal-combustion car still has some life in it, according to a survey of automotive engineers who believe the best path to fuel efficiency in the short term will be simply making cars lighter. All this and more on Green Car Reports.

Will Tesla's battery gigafactory achieve the ultimate electric-car goal of $100 per kilowatt-hour?

Find out why natural-gas powered long-haul semi-trucks aren't selling better.

Chinese carmaker BYD's rising electric car sales are swamped by gasoline models.  (go to article)

Submitted 5 hours ago By:
16 Comments
Not Newsworthy
27
votes
pump to homepage help
2015 Ford F-150 SFE: Highest Gas Mileage Model For Aluminum Pickup

GreenCar -- Ford spokesman Mike Levine later confirmed that the SFE option will be available for the XL and XLT trim levels, which together make up 70 percent of total F-150 sales.

It will also be offered on two different body styles: regular cab and SuperCab, he said.

Trucks equipped with the SFE package will ride on 17-inch wheels and tires, among the smallest available on any full-size pickup on the market today.

The engine used for the SFE option will be the new, smaller 2.7-liter EcoBoost direct-injected and twin-turbocharged V-6 that will launch on the 2015 F-150.

That engine is rated at 325 horsepower and 375 lb-ft of torque, Ford says, and is likely to make up 28 percent of sales....
 (go to article)

Submitted 5 hours ago By:
18 Comments
Not Newsworthy
25
votes
pump to homepage help
Honda introduces car designed just for women

NBC Today Money. -- This is a follow up to a previously posted article "Will Cars of the Future be Designed for Women Only?.
The auto industry has traditionally been male-dominated but Honda has rolled out a new model it claims to have specifically designed with women in mind.
The new Honda Fit She’s is a pretty-in-pink version of the maker’s familiar subcompact that offers a few niceties the maker believes will specifically appeal to distaff buyers, such as a windshield designed to block skin-wrinkling ultraviolet rays. But will women actually care? While the new Honda subcompact may be the only car currently on the road specifically targeting women there’s a good reason. Previous feminine offerings, such as the old Dodge LaFemme, met with little more than indifference and, in some cases, outright hostile.  (go to article)

Submitted Today By:
35 Comments
Not Newsworthy
25
votes
pump to homepage help
The City With the Highest Priced Gas in America

24/7 Wall St -- The average price for a gallon of regular gasoline in the United States is $3.43, down from $3.56 a year ago. But elements ranging from refinery locations to local taxes have caused prices to stay much higher in some areas. Among American cities, the one with the highest price is Honolulu at $4.24.

 (go to article)

Submitted Today By:
31 Comments
Not Newsworthy
24
votes
pump to homepage help
Oil And Gas Industry Fueling Jobs For Labor Day Weekend

Forbes -- The energy industry is giving the economy the spark that it needs this Labor Day weekend — an upsurge fueled by the increase in shale oil and shale gas production. The boost is creating jobs and economic openings, while keeping a lid on gas prices in turbulent times.  (go to article)

Submitted Today By:
11 Comments
Not Newsworthy
22
votes
pump to homepage help
Cars and trucks we can't have...but definitely want.

Fox News -- If it's tough enough for Siberia, suburbia would have no chance. The Chevrolet Niva concept previews the next generation of its Russian-built compact SUV. Smaller than the upcoming Jeep Renegade, the Niva will be powered by a 1.8-liter four-cylinder engine and feature a 5-speed stick and locking 4x4 system. Equipped with a snorkel, winch, roof lights and cargo racks, the tough little trucklet looks the business, but likely still can't bridge the divide between the U.S. and Russia -- due to safety and emissions regulations, not politics -- so don't expect it to cross the Bering Strait into showrooms when it goes on sale in 2016. (Chevrolet)  (go to article)

Submitted Today By:
9 Comments
Not Newsworthy
28
votes
pump to homepage help
Is it time for higher speed limits on Canada's highways?

MSN News -- In BC, the speed limits are rising on 850mi this summer — in a few cases up to 75MPH

QC is exploring the idea of variable speed limits — as high as 75 but only when the weather's good — as part of a pilot project

Some ON motorists have mounted a campaign to roll along at up to 80 MPH on some of the better highways. "Our mission is basically to legalize the existing speeds on our roads

So far there is no interest from the provincial MoT, and some provinces are even trying to slow things down

Drivers outside Regina and Saskatoon are having to take their feet off after the limit was dropped to 55MPH

Across Canada, motorists can be forgiven for being confused: a speed that's deemed to be just fine on a nice 4-6 lane straightaway in one province could result in fines in others

Determini  (go to article)

Submitted Today By:
20 Comments
Not Newsworthy
33
votes
pump to homepage help
America's cheapest gas is in this town

CNN -- You think the gas near you is getting cheaper? Try filling up in the South Carolina city of Rock Hill.
That's the market with the nation's lowest gas price heading into Labor Day weekend -- an average of $3.09 a gallon, according to industry observer GasBuddy.com.

The good news for drivers is that prices like that could come soon to a station near you -- as long as you don't live on the West Coast or some other pockets of high-priced gas.
The nationwide average price stands at $3.44 a gallon, down about eight cents from a month ago and nearly 12 cents from this time last year.
The summer driving season will end with the cheapest Labor Day gas prices since 2010. And prices will drop even further when stations stop selling the more expensive summer blends of gasoline in late September.  (go to article)

Submitted Today By:
28 Comments
Not Newsworthy
29
votes
pump to homepage help
Google's Project Wing building drone delivery service

PCWorld -- For two years, Google has quietly been developing autonomous flying vehicles that can be used to deliver packages for disaster relief or for commerce purposes, the company revealed Thursday.

The program, dubbed Project Wing, has been housed under Google X, the company’s secretive facility where it created other projects like Google Glass and its self-driving cars.

“Self-flying vehicles could open up entirely new approaches to moving goods—including options that are cheaper, faster, less wasteful and more environmentally sensitive than what’s possible today,” the company says in a document describing the effort.
 (go to article)

Submitted Today By:
26 Comments
Not Newsworthy
30
votes
pump to homepage help
Colorado Drillers Show Sensitive Side to Woo Fracking Foes

Bloomberg -- A fight over fracking is looming in Texas. Another stand-off is shaping up in Colorado. Yet drillers’ reactions couldn’t be more different  (go to article)

Submitted Today By:
20 Comments
Not Newsworthy
25
votes
pump to homepage help
Will Cars of the Future be Designed for Women Only?

Forbes -- When Nissan’s CEO Carlos Ghosn told the Foreign Correspondents Club of Japan at the end of July 2014 that women’s increasing influence on the automotive industry was one of the four major trends shaping the global car business, the other auto makers probably felt he had revealed their secret, as the whole industry is pointing to women.  (go to article)

Submitted Today By:
37 Comments
Not Newsworthy
35
votes
pump to homepage help
America runs on bacon, and so does this motorcycle

CNBC --

Hormel has created a custom motorcycle that runs on 100 percent refined bacon grease. The bike is part of a marketing effort to promote Hormel's Black Label brand, and an entire story around the marketing stunt from ad agency BBDO can be found at BaconBike.com.

Why a bacon bike?

"It was more like, 'Why wouldn't you do that?'" said Steve Venenga, Hormel VP of new products marketing. "I mean, it was such a great idea."

Hormel is hoping to make inroads against market leader Oscar Mayer, part of Kraft. The company's shares have outperformed Kraft over the last year, and Hormel beat Street estimates last quarter, giving partial credit to strong pork demand and margins.

"Bacon is in more households," said Venenga, even as prices are 9 percent higher than they were a year ago. Price increas  (go to article)

Submitted Today By:
54 Comments
Not Newsworthy
30
votes
pump to homepage help
Oil train regulation passes in California

Reuters -- SANFRANCISO (Reuters) - California lawmakers on Friday passed legislation requiring railroad companies to tell emergency officials when crude oil trains will chug through the state.

The bill would require railroads to notify the state's Office of Emergency Services when trains carrying crude oil from Canada and North Dakota are headed to refineries in the most populous U.S. state.

It passed its final vote in the Assembly 61-1, with strong bipartisan support in the state legislature in Sacramento. The bill now goes to Democratic Governor Jerry Brown for his signature.

“We have a spotlight on this issue because of the seriousness of the risk to public safety that it presents,” said the bill's author, Democratic Assemblyman Roger Dickinson, whose district encompasses parts of Sacramento a  (go to article)

Submitted Today By:
31 Comments
Not Newsworthy
48
votes
pump to homepage help
Waldo, FL Police Admit to Required 'Quota' for Aggressive Ticketing

GasBuddy Blog -- Anyone who has received a speeding ticket in Waldo has probably suspected that officers were acting under a quota.  A remote stretch of highway 301 has nearly half a dozen speed changes in less than two miles; and Waldo police have pounced on unsuspecting tourists and out-of-towners for decades. Put simply, Waldo is a Florida embarrassment.  As it turns out, finally, there's proof that a quota has been standard operating procedure for years and the illegal actions there warrant investigation and prosecution. The Gainesville Sun is reporting that five of the seven officers with the Waldo Police Department have told city leaders that police Chief Mike Szabo required officers to write a speeding ticket during every hour of their shifts. Quotas are illegal. ...  (go to article)

Submitted Today By:
PD
975 Comments
Not Newsworthy
27
votes
pump to homepage help
The world's strangest parking lots

MSN -- Brilliant and bizarre creations of space that go way beyond just serving the utilitarian purpose of providing a parking spot  (go to article)

Submitted Today By:
36 Comments
Not Newsworthy
45
votes
pump to homepage help
Refinery-inspection bill protects trade secrets

NewsOK-AP -- The state Assembly has advanced legislation that would allow government regulators to monitor oil refinery shutdowns in response to a fire at Chevron's Richmond refinery in 2012. It also would allow oil companies to designate the information as a "trade secret."

SB1300 by Democratic Sen. Loni Hancock of Berkeley would protect information submitted to state officials from disclosure under the California Public Records Act.

The Assembly approved the bill on a 55-4 vote late Friday, sending it to the Senate.

Assemblywoman Nancy Skinner, another Berkeley Democrat, told lawmakers the bill does not change existing public records laws.

But media groups that oppose it say SB1300 would allow an oil refinery to challenge the release of documents and take anyone requesting them to court and...  (go to article)

Submitted Today By:
48 Comments
Not Newsworthy
39
votes
pump to homepage help
China's Shale Gas Bust

MIT Technology Review -- China is finding it harder than it expected to unlock a shale gas boom like the one in North America, calling into question its lofty goals to use natural gas to help clean up its air and control the growth of greenhouse gas emissions. Citing complicated geology and high production costs, the Chinese government has cut its ambitious 2020 target for shale gas development roughly in half.

In 2013 China became the third biggest user of natural gas behind the United States and Russia, consuming 166 billion cubic meters (bcm). By 2019, the International Energy Agency expects China’s annual natural gas consumption to grow 90 percent, to 315 bcm. Half of that increase is expected to be supplied by domestic gas production, which would come from multiple sources, including shale reserves.  (go to article)

Submitted Today By:
40 Comments
Not Newsworthy
44
votes
pump to homepage help
Regulators approve $160 million Enbridge Energy pipeline upgrade

Bakken -- Minnesota regulators on Thursday gave the go-ahead for a $160 million upgrade to a Canadian energy company’s crude oil pipeline across northern Minnesota, disappointing anti-pipeline activists who oppose development of that nation’s oil-sands deposits.
The Minnesota Public Utilities Commission approved the project on a 4-1 vote after six hours of testimony and discussion. The outcome was a victory for Enbridge Energy, the Calgary-based pipeline company that finished building the 1,000-mile Alberta Clipper pipeline four years ago and proposed to add pumping stations to increase its capacity from 570,000 to 800,000 barrels per day.
“We can now move forward with helping Minnesota improve its economy by supplying jobs and the economic spillover from that, as well as move our nation toward ener  (go to article)

Submitted Today By:
37 Comments
Not Newsworthy
58
votes
pump to homepage help
Progress on a Powerful New Way to Generate Electricity

MIT Technology Review -- A powerful new way to generate electricity could eventually make electric cars and electronic gadgets run longer.

About four years ago, researchers in Michael Strano’s chemical engineering lab at MIT coated a short piece of yarn made of carbon nanotubes with TNT and lit one end with a laser. It sparkled and burned like a fuse, demonstrating a new way to generate electricity that produces phenomenal amounts of power.

At the time, no one understood how it worked, and it was so inefficient that it was little more than a “laboratory curiosity,” Strano says.

Now, Strano has figured out the underlying physics, which has helped his team improve efficiencies dramatically—by 10,000 times—and charted a path for continued rapid improvements.  (go to article)

Submitted Today By:
619 Comments
Not Newsworthy
48
votes
pump to homepage help
54.5 mpg: Why our measure of fuel economy is wrong

Chicago Tribune -- 54.5 miles per gallon. That is the target fuel efficiency for all light-duty vehicles by model year 2025. Yet if you’ve gone car shopping lately, you’ve noticed that the combined mpg is nowhere near that target. The average fuel economy of all new cars sold was 25.6 mpg as of July 2014.

That’s a huge gap. While average fuel economy continues to improve, the target benchmark seems impossible to reach.

That’s because we’re looking at two different measurements of fuel economy.

The lofty 54.5 mpg target that is commonly understood and reported by media is the UNADJUSTED value. The real number we see on window stickers and that are reported by our fuel gauges is the ADJUSTED value.

For those of you keeping score at home, the ADJUSTED target—the one that matters...  (go to article)

Submitted Today By:
51 Comments
Not Newsworthy
36
votes
pump to homepage help
Gas-Rich Marcellus Drilling Boosts Rigs to 5-Month High

Bloomberg -- Rigs targeting natural gas in the U.S. rose to the highest level in five months after those drilling horizontally for the fuel gained in the Marcellus formation of the eastern U.S.

Gas rigs jumped by eight to 338, the highest level since March 14, data posted on Baker Hughes Inc. (BHI)’s website show. The oil count rose by 11 to 1,575 after sliding by 25 last week, the Houston-based field services company said. The Marcellus formation, the nation’s biggest onshore gas play, added the most rigs gaining five drilling horizontally for gas and raising its total count to a two-month high.

The energy rig count is surging in the U.S. as producers use horizontal drilling and hydraulic fracturing to draw record volumes of oil and gas out of shale formations from North Dakota to Texas. The boom...  (go to article)

Submitted Today By:
12 Comments
Not Newsworthy
44
votes
pump to homepage help
Austin, Texas Passes a New Law Making Solar a ‘Default’ Generation Resource

GreenTech -- The city of Austin may have just single-handedly propelled the Texas solar market into the top-ten leading states.

Last night, the Austin city council voted in favor of a resolution that would increase the city's rooftop and utility-scale solar targets by 800 megawatts over the coming years.

It creates a plan that would build a small paradise for distributed energy companies, including a utility-scale solar target of 600 megawatts by 2017, a rooftop solar target of 200 megawatts by 2020, explicit language enabling third-party solar ownership, a floor price for the value-of-solar tariff, and a mandatory strategy to procure 200 megawatts of fast-response storage.

The plan builds upon earlier climate goals created and revised since 2010. After Austin Energy signed a power-purchase...  (go to article)

Submitted Today By:
29 Comments
Not Newsworthy
59
votes
pump to homepage help
Natural gas drives up revenue, alternative vehicles

Bakken -- Clay Clemmer filled up his company’s Chevrolet truck with compressed natural gas on Wednesday at Tyler’s new fueling station — First Alt Fuel.

Clemmer, 50, co-owner of the Granite Division Inc. in Tyler, bought the company’s first compressed natural gas (CNG) truck in December in anticipation of the fueling station opening in Tyler.

“We’re trying it out to see how it works,” Clemmer said. “It’s been good so far.”

The Granite Division is one of several businesses converting to vehicles that run on natural gas for efficiency and to save money.  (go to article)

Submitted Today By:
1000 Comments
Not Newsworthy
56
votes
pump to homepage help
Labor Day outlook in the Valley: Cheaper gas, plentiful campsites

The Fresno Bee -- Valley residents looking for a final summer getaway this Labor Day weekend have some good news: Gas prices are down a bit, and campsites in Yosemite and Sequoia-Kings Canyon national parks are still available.

Gas prices dropped slightly in the lead up to the Labor Day weekend. Thursday, the average gas price for a gallon of unleaded gasoline was $3.87 in Fresno and $3.83 in the Visalia-Tulare-Porterville area, according to AAA of Northern California.

AAA's Labor Day travel survey found that more than 3.9 million Californians will travel 50 miles or more during the holiday weekend, a 1.6% increase compared to last year.

"Californians are more optimistic about their financial situation, and consumer spending continues to outpace disposable income," Cynthia Harris said.  (go to article)

Submitted Today By:
447 Comments
Not Newsworthy
42
votes
pump to homepage help
With the Huracán, Lamborghini Finally Learns to Refine Itself

Wired -- A company founded on a lineage of irascible bulls has a certain reputation to uphold. A reputation for raw power, earwax-melting noise, and razor-edged looks. With a conceit like that, who has time for rationality?

In the case of Sant’Agata Bolognese-based Automobili Lamborghini, it’s corporate overseer Audi, that’s who. The German brand was behind the hugely successful Gallardo, which in its ten year run sold 14,022 units—half of Lamborghini’s all-time sales. Considering the stereotypical German love for structure and order, you can’t blame the Teutons for craving a smidge of consistency from the Italian brand.

Which brings us to the $237,250 Huracán LP 610-4, the successor to the now retired Gallardo that hit the road this spring. It’s a worthy replacement.  (go to article)

Submitted Today By:
25 Comments
Not Newsworthy
72
votes
pump to homepage help
As Obama drags heels, Canada turns to China

WND --
NEW YORK – With the increasing importance of oil sales to the Canadian economy and the Obama administration’s continued blocking of plans to build the Keystone Pipeline, Canada is moving ahead with the Enbridge Northern Gateway Project, a pipeline to expedite the shipping of land-locked oil reserves in Alberta to China.

Calgary-based energy giant Enbridge received the approval of Prime Minister Stephen Harper’s government June 17 to proceed with the construction of the $7.3 billion Northern Gateway Project connecting Canada’s rich oil sands in Alberta to a British Columbia port, despite the strong objections of aboriginal “first nation” tribes and environmental activists.

The Harper government in recent months has become increasingly frustrated with the refusal of the Obama admini  (go to article)

Submitted Today By:
1178 Comments
Not Newsworthy
22
votes
pump to homepage help
U.S. auto sales seen ending summer without a sizzle

Reuters -- U.S. auto industry sales in August will be about even with a year ago, not quite ending the summer in a sizzling fashion but still warm enough to continue the recovery from a recession now five years in the rear-view mirror.

Analysts polled by Thomson Reuters expect monthly sales of about 1.5 million new vehicles when automakers report them on Wednesday, with a seasonally adjusted annualized sales rate of 16.6 million. It should be the sixth straight month showing an annualized rate above 16 million, a level reached only twice in 2013.
 (go to article)

Submitted Yesterday By:
19 Comments
Not Newsworthy
21
votes
pump to homepage help
Bugatti Veyron owner who drove into lagoon admits fraud, faces 20 years in prison

Yahoo Autos -- The Texas man who drove his $1 million Bugatti Veyron into a lagoon as a insurance scam five years ago may soon have to pay for his crime in federal prison.

The U.S. attorney in Lufkin, Texas, said Tuesday that Andy House, 39, had pled guilty to one count of wire mail fraud in a federal criminal case filed two weeks ago. House's sentencing has not been set, but the maximum penalty under law is 20 years in prison.

You may recall the story from November 2009, when a passer-by recorded video of the Veyron running into the Gulf Bay near La Marque, Texas. House said at the time he had been distracted by a pelican and his cellphone when the Veyron went for a dip.  (go to article)

Submitted Yesterday By:
10 Comments
Not Newsworthy
31
votes
pump to homepage help
Tesla Motors expands in China, hits new stock high

San Jose Mercury News -- Today: Tesla Motors signs a deal to build more than 400 new charging stations in China, and the company's stock makes another record-breaking drive. Also: Apple hits more new records despite reports that wearable offering won't appear until 2015.

The Lead: Tesla plans charging expansion in China

Tesla Motors announced a deal Friday with a wireless carrier that will nearly triple its number of charging stations in China, the world's largest auto market, and investors responded by again sending the Palo Alto electric-car maker's stock to record highs.A worker cleans a Tesla Model S sedan in Beijing, China, Tuesday, April 22, 2014. (Ng Han Guan/AP Photo)
Tesla will install 400 charging stations across 120 cities as well as 20 of its supercharger stations, all at China Unicom retail outle  (go to article)

Submitted Yesterday By:
15 Comments
Not Newsworthy
31
votes
pump to homepage help
10 cities with the best and worst drivers

reuters -- New York may have its aggressive, horn-honking drivers but it is a bastion of tranquility and safety compared to Boston, home to the worst drivers of any U.S. big city, according to an insurance industry report.

"A Boston driver, on average, will get into a collision every 4.4 years," Kari Mather, a spokeswoman for insurer Allstate Corp, said on Tuesday.

[Related: Cheapest and most expensive states to buy a car]

The company's annual report, titled "Allstate America's Best Drivers Report," is based on client collision damage data in 2011 and 2012.

It found Boston ranked dead last among cities with more than 1 million residents in their metropolitan area. Next was Washington.

The large U.S. city that boasts the best drivers is Phoenix, where a driver, on average, will get into a coll  (go to article)

Submitted Yesterday By:
28 Comments
Not Newsworthy
30
votes
pump to homepage help
Labor Day Gas Prices Fall to Lowest Level Since 2010

Newsmax -- Most Americans who plan to travel by automobile over the Labor Day holiday weekend can expect to pay the lowest price to fill their tanks in four years, according to a study by GasBuddy.com.

Analysts with GasBuddy, which provides retail fuel pricing information and updates daily fuel prices at nearly 130,000 unique stations in the United States and Canada, predict that the downward trend in gas prices which began in July is not likely to continue until autumn.

"We expect to see stable gasoline prices from now through mid-September," said GasBuddy chief oil analyst Tom Kloza. "Some more significant declines could come after September 15 when the 'recipe' for gasoline changes in most states."

Due to price adjustments at regional refineries, state around the Great Lakes will see higher pri  (go to article)

Submitted Yesterday By:
33 Comments
Not Newsworthy
32
votes
pump to homepage help
Kenworth Adds CNG Option To T880 Trucks

GAS2 -- Just about every major construction project around the world relies on diesel-guzzling dump trucks to move billions of cubic-feet of earth and rock every year. With the trucking industry looking at natural gas as a replacement for diesel, the Kenworth T880 vocational truck now offers with a natural gas engine option for those wanting to go a little green and save money, reports Green Fleet Magazine.

The Cummins Westport ISX12 G natural gas engine offers earth moves 400 horsepower and 1,450 lb-ft of torque, and can be had with either manual or automatic transmissions. The ISX12 G engine has been optimized to run either compressed or liquified natural gas, and according to Kenworth it’s ideal for dump trucks, concrete mixers, and other vocational uses....  (go to article)

Submitted Yesterday By:
23 Comments
Not Newsworthy
24
votes
pump to homepage help
Morgan Stanley plans natural gas export plant in new commodities foray

Reuters -- Morgan Stanley has quietly filed plans to build and run one of the first U.S. compressed natural gas export facilities, the first sign the bank is plunging back into physical commodity markets even as it sells its physical oil business.

In a 23-page application to the U.S. Department of Energy's Office of Fossil Energy submitted in May, the Wall Street bank outlined a proposal to build, own and operate a compression and container loading facility near Freeport, Texas, which will have capacity to ship 60 billion cubic feet a year of compressed natural gas (CNG).

While the size of the project is small compared with bigger liquefied natural gas (LNG) projects, the plan highlights the bank's ability to exploit its status as one of two Wall Street banks which are allowed to own and operate..  (go to article)

Submitted Yesterday By:
21 Comments
Not Newsworthy
24
votes
pump to homepage help
Coal industry dealt another setback as Oregon blocks export plan – will feds help?

foxnews.com -- Another blow to U.S. & jobs made by the EPA & anti-job terrorists.  (go to article)

Submitted Yesterday By:
21 Comments
Not Newsworthy
34
votes
pump to homepage help
California to phase out EV incentives for the wealthy

Automotive News -- California, which offers rebates of up to $2,500 to electric vehicle buyers to help meet a goal of getting 1.5 million zero-emission vehicles onto its roads by 2025, is overhauling its incentive program to reflect a new reality: The state’s rebates are sometimes just a windfall for the wealthy.

The California Legislature passed a bill on Thursday to phase out EV rebates for well-off buyers, as well as offer new incentives for low-income car owners who scrap a car and use public transit or join a car-sharing service.

“The income cap is meant to ensure we keep the program in the black while not undermining progress” toward the state’s EV goals, said Max Baumhefner, an attorney at the Natural Resources Defense Council, an environmental group.  (go to article)

Submitted Yesterday By:
35 Comments
Not Newsworthy
30
votes
pump to homepage help
10 Most Dangerous Intersections

ABC news -- The nation's most dangerous traffic intersection is north of Miami in Pembroke Pines, Fla., the No. 1 U.S. car insurer reported today.

State Farm released its top 10 "Most Dangerous" intersection list, which analyzed claims data in all 50 states and the District of Columbia.

Philadelphia, Phoenix and Tulsa, Okla., each had two intersections on the list, while Frisco, Texas (near Dallas); Metairie, La. (near New Orleans); and Sacramento, Calif., each had one.

The insurer compiled the list based on crashes that resulted in claims by its policy-holders in 1999 and 2000.

State Farm estimated there were 357 crashes over the two-year period at the Flamingo Road and Pines Boulevard intersection.  (go to article)

Submitted Yesterday By:
27 Comments
Not Newsworthy
34
votes
pump to homepage help
U.K. Sludge Treatment Site Turns Waste Into ‘Black Gold’

Bloomburg -- When the world’s largest working advanced digestion plant opened last month, it showed the power-hungry process of treating waste in the $360 billion water industry can be self-sufficient in terms of energy use. The Davyhulme facility that handles the sewage of 1.2 million people in Manchester today can export surplus power to the U.K. grid. It uses waste formerly dumped in the Irish Sea, generating renewable power on a scale no utility has done to date using that method. The sludge recycling center runs on enough human waste to power 25,000 homes. It was built by Black & Veatch for United Utilities Group Plc (UU/), Britain’s largest publicly traded water company. Awarded IChemE’s international prize as “the most innovative green-energy scheme on Earth,” the facility renders waste into wha  (go to article)

Submitted Yesterday By:
14 Comments
Not Newsworthy
25
votes
pump to homepage help
S&P 500 Heads Toward Monthly Gain; Oil Rises, Ruble Sinks

Bloomberg -- The Standard & Poor’s 500 Index headed for its biggest monthly rally since February amid optimism in the strength of the U.S. economy. Metals and oil led commodities higher, while the ruble slid to a record low.  (go to article)

Submitted Yesterday By:
16 Comments
Not Newsworthy
26
votes
pump to homepage help
This Is How You Have to Ship Bugatti’s $3M Supercar

Wired -- When you drop $3 million on a special-edition Bugatti Veyron Grand Sport Vitesse, you want everything to be perfect. That’s why, before it leaves the factory, Bugatti wraps the car more carefully than royal nurses swaddle the future King George. This Vitesse, complete with a custom (and questionable) paint job, was delivered to an unnamed buyer at Symbolic Motor Car Company in San Diego. Spencer Berke, an employee at the dealership, photographed the whole unloading process, which took more than two hours from start to finish. Nearly the entire car is carefully wrapped for protection against scratches, with holes left open for ventilation at the front and exhaust at the rear, and a more translucent covering over the windshield. Only the driver’s door is left uncovered, so the car can be dri  (go to article)

Submitted Yesterday By:
17 Comments
Not Newsworthy
25
votes
pump to homepage help
Don't mess with nuclear Russia, Putin says

Yahoo News -- LAKE SELIGER Russia (Reuters) - President Vladimir Putin said on Friday Russia's armed forces, backed by its nuclear arsenal, were ready to meet any aggression, declaring at a pro-Kremlin youth camp that foreign states should understand: "It's best not to mess with us."

Putin told the assembly, on the banks of a lake near Moscow, the Russian takeover of Crimea in March was essential to save a largely Russian-speaking population from Ukrainian government violence. He said continued fighting in eastern Ukraine, where pro-Russian separatists launched an uprising in April, was the result of a refusal by Kiev to negotiate.

Ukraine, and Western governments, accuse Russia of sending troops and armor to back the separatists in a conflict that has already killed over 2,000 people.  (go to article)

Submitted Yesterday By:
20 Comments
Not Newsworthy
29
votes
pump to homepage help
Russia ready for gas talks with Ukraine, warns of disruptions

TODAY -- Russia is ready for talks on resuming gas supplies to Ukraine, Energy Minister Alexander Novak said on Friday, warning of disruption to flows to Europe this winter if a row over pricing and debts is not resolved.

Novak said Moscow was ready to reduce its prices in an effort to secure a deal, but the proposed sum remained well above what Kiev has said it is willing to pay.

The dispute comes amid escalating tensions between the two countries, with Ukraine accusing Russia of sending weapons and men to help a separatist rebellion in the east of the country -- an accusation Moscow rejects.  (go to article)

Submitted Yesterday By:
10 Comments
Not Newsworthy
29
votes
pump to homepage help
Oklahoma Oil Baron Could Be Forced To Split $17 Billion Dollar Fortune In Divorce

Business Insider -- In one of the biggest divorce cases in history, Oklahoma oilman Harold Hamm could have to split his $17 billion fortune with his estranged wife, Sue Ann Hamm.

The divorce trial of the founder of Continental Resources, one of the biggest petroleum liquids producer in the United States, is under a tight lockdown (in order to protect shareholders), but economic analysis has shown that Hamm would have acquired $17.6 billion during his 26 year marriage to Sue Ann.

Hamm's enormous wealth comes from his 68% stake in his 'Oil Champion' company, resulting in him potentially being the biggest owner of oil in America.

If Hamm ends up with a large divorce settlement, he would have to finance it by selling Continental shares and his control the company could dissolve.  (go to article)

Submitted Yesterday By:
29 Comments
Not Newsworthy
23
votes
pump to homepage help
2014 HHP Summit agenda set

Railway Age -- Gladstein, Neandross & Associates, organizers of the 2014 High Horsepower (HHP) Summit, have announced the keynote and full speaker lineup for the third annual conference and expo, taking place Oct. 7-9 at the Ernest N. Morial Convention Center in New Orleans.

Drawing nearly 2,000 attendees, HHP Summit is North America’s largest event focusing on the benefits of natural gas for rail, marine, mining, drilling, pressure pumping, remote power generation, off-pipeline industrial applications, and other high horsepower operations. IHHP Summit will feature engine and fueling solution breakout sessions, technical workshops, hosted networking events, and a massive expo hall floor showcasing natural gas off-road equipment, engines, fueling solutions, and technology for heavy-duty HHP applications.  (go to article)

Submitted Yesterday By:
6 Comments
Not Newsworthy