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Funky-Shaped Solar Car Can Transport the Whole Family

Mashable.com -- You're not imagining things if you've recently spotted an oddly shaped car topped with solar panels in California.

It was probably Stella — a family-sized solar car — which finished up its U.S. debut trip on Sept. 24. It's believed to be the first solar car that can comfortably transport four people — more than any other solar car, according to Tom Selten, manager of the team from the Netherlands that designed the car.  (go to article)

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U.S. Gas Boom Turns Global as LNG Exports to Shake Up Market

Bloomberg -- The U.S. natural gas boom is poised to go global as the government approves projects that will export the fuel to buyers from Tokyo to New Delhi.
Dominion Resources Inc.’s Cove Point terminal in Maryland won authorization Sept. 29 from the U.S. Federal Energy Regulatory Commission to ship liquefied natural gas around the world. It’s the fourth export project to win permission and the first outside the Gulf of Mexico. Construction will cost between $3.4 billion and $3.8 billion, Dominion said yesterday.
Advances in drilling techniques including hydraulic fracturing have pushed U.S. natural gas output to a record every year since 2011 and made the country the world’s largest producer. U.S. supplies will compete with cargoes from Qatar and Australia, two of the biggest exporters, shifting glo  (go to article)

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G.M. Outlines Plan to Increase Profit Margins

Yahoo Finance -- MILFORD, Mich. â?? General Motors pledged on Wednesday to increase its profit margins, cut costs and expand operations in China as part of a broader strategy that emphasizes growth and better financial results.
The new strategic plan was unveiled to investors and stock analysts at a daylong presentation by G.M. executives at the companyâ??s vehicle-testing facility outside Detroit.
Mary T. Barra, G.M.â??s chief executive, touted the plan as a fresh start for the nationâ??s largest automaker, which has been struggling to stabilize operations in the wake of its recall this year of millions of defective small cars tied to at least 23 deaths.
The recall, which began in February, has already cost G.M. about $4 billion, and cast doubt on the quality and safety of its products.  (go to article)

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Lamborghini reveals 910-horsepower Asterion hybrid concept

Engadget -- Lamboghini has announced its first plug-in hybrid showpiece, and it's quite beautiful. The Asterion LPI 910-4 packs in a 5.2-liter V10 with 610 horsepower, and its trio of electric motors beef up that latter figure another 300 (hence the 910 moniker). Those numbers puts the hypercar in the same neighborhood as McLaren's P1 and the LaFerrari hybrid. In terms of speed, the blue machine can hit 0 to 60 MPH (0 to 100 km/h) in three seconds and tops out at just under 200 MPH (320 km/h). What's more, the Asterion can reach 78 MPH (125 km/h) using only electric power, traveling around 31 miles (50km) without firing up the main engine. As this is more of a proof of concept than anything else, there's no word on pricing and availability, or whether more than one will even be made.  (go to article)

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Republicans Craft 2015 Plan To Force Obama's Hand On Keystone

Reuters -- Republicans plan to put approval of the long-delayed Keystone XL oil pipeline on a fast track early next year if they win a U.S. Senate majority in November, finally forcing President Barack Obama to make a tough call on the controversial plan.

The $10 billion Keystone project to connect Canadian oil sands with U.S. refineries will top the list of Republican energy priorities if they gain control of the Senate after the Nov. 4 midterm elections. It could come as a stand-alone measure or attached to must-pass legislation such as a government spending or transportation bill, according to senators and congressional aides.

Republicans, along with some Democrats, have for years pushed for a bill that would allow Congress to approve Keystone, and reduce the role of the administration. However  (go to article)

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Gasoline switch saved drivers 7 cents a gallon this summer, NC DENR says

News Observer -- RALEIGH — Triangle and Triad drivers saved an estimated $18 million on gasoline this summer after the state persuaded the U.S. EPA that drivers could stop using a more expensive fuel blend that was thought – incorrectly – to reduce air pollution, the N.C. Department of Environment and Natural Resources said Wednesday.

For years, EPA had required the Triangle and Triad regions to switch to a summer blend formulated to emit fewer volatile organic compounds and reduce ground-level ozone. But DENR employees used air-quality data to show that the summertime gas switch had an insignificant impact on air quality, while adding about 7 cents to the price of each gallon.

“The EPA approval to change the summertime gasoline standard in the Triangle and Triad saves consumers and businesses money whil  (go to article)

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Marathon Petroleum's Speedway closes on Hess deal Read more at http://www.toledoblade.com/business/2

The (Toledo) Blade -- FINDLAY — Speedway LLC, a subsidiary of Findlay-based Marathon Petroleum, has completed its $2.82 billion purchase of Hess’ retail operations and other assets.

The deal was announced in May.

Hess is the largest chain of company-operated gas stations and convenience stores on the East Coast. In May, the companies said that Hess gas stations will all be rebranded as Speedway over three years.

"This transformative acquisition provides Speedway a significant growth platform by expanding our retail presence to 23 states throughout the East Coast and Southeast," said Gary Heminger, Marathon Petroleum’s president and chief executive officer.
 (go to article)

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North America Could Drown Putin's Economy In Oil

The Business Insider -- Yesterday, the Russian government submitted its budget to the Duma, the lower house of the parliament. Once approved, Vladimir Putin will sign it into law. A 9/30 post on The Economist website reported that "over the last few years the budget's reliance on oil revenues have increased. When excluding oil, there was a shortfall of 3.6% of GD Pin 2007 but now it is more like 10%. Russia expected to run a small budget deficit (about 0.6% of GDP) this year. That prediction is optimistic — the Kremlin is banking on an oil price of $100. Everyone tends to compare US crude oil production to Saudi production. Given the current world disorder, it might make more sense to compare the US plus Canada to Saudi Arabia and Russia. The former has steadily exceeded Saudi output since October 2012 and Russi  (go to article)

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Rising U.S. Crude Exports Move Closer to 1957 Record

Bloomberg -- U.S. oil exports are set to surpass a record held since 1957 as traders find ways around a four-decade ban on supplies leaving the country.

The U.S. sent 401,000 barrels a day abroad in July, 54,000 shy of the record set in March 1957, according to data compiled by the Energy Information Administration, the Energy Department’s statistical unit. While Canada accounted for 93 percent of the shipments, Italy, Singapore and Switzerland also took oil from U.S. ports. Coupled with Alaskan supplies bound for Asia, total U.S. exports will reach 1 million barrels a day by the middle of 2015, according to Citigroup Inc. (C)

Shipments abroad have quadrupled from a year ago as U.S. drillers pull record volumes of crude and natural gas out of shale formations across the middle of the country using hy  (go to article)

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Worst Seen Over for Crude Prices as Saudis Cut Production

Bloomberg -- The worst is over for global oil prices, according to UBS AG and Barclays Plc. After the biggest quarterly drop in more than two years, Brent is set to recover as Saudi Arabia cuts output and demand climbs, they said.

“Supply is the important thing and Saudi Arabia is in the process of rebalancing the market,” Giovanni Staunovo, an analyst at UBS in Zurich, said by e-mail yesterday. “The weakness in crude oil prices should come to an end.”

Brent fell yesterday by the most since Jan. 2 to $94.67 a barrel. It extended a quarterly drop to 16 percent, the largest since the three months ended June 2012. The benchmark grade for more than half the world’s oil will average $105 from October to December, according to the median estimate of 15 analysts compiled by Bloomberg since Sept. 11. It was  (go to article)

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GM ignition claims near 1,100

The Detroit News -- Washington — General Motors’ independent compensation fund has now received more than 1,000 claims — a big jump since last week — the fund said Wednesday.  (go to article)

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Driver in fatal tour bus crash has hearing delayed

Associated Press -- A court commissioner has rescheduled a preliminary hearing for the driver in a fatal Delaware tour bus crash after the man, who speaks little English, couldn't answer simple questions at a court appearance.

Fifty-six-year-old Jinli Zhao of Flushing, New York, is charged with two counts of operating a vehicle causing the death of another person in the Sept. 21 crash. Two passengers were killed and dozens of others were injured.

 (go to article)

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Halloween 101 for drivers, and even for our trick-or-treaters!

GasBuddy Blog -- It’s that time of year again when kids emulate their favorite princess, superhero or even become a scary monster in hopes of scaring others. What most don’t know about Halloween is that it’s the deadliest night for pedestrians, which see twice as many child pedestrians killed out of any other day of the year. In order to protect our current and future GasBuddies, we’ve collected some of the best tips from INRIX and USDOT to keep you all safe: Avoid driving in the early evening. This is when the most pedestrian traffic will be out an particularly residential roads will be very slow Let other motorists know what you are doing. Use hazard lights when dropping off and collecting trick-or-treaters. Limit your speed. Residential speed limits across the country vary, but it’s best to travel below the posted limit. Children can be unpredictable and may appear in your path of travel unexpectedly. The stopping distance for a car traveling at 50mph is 175 feet or 13 car lengths. For a car traveli  (go to article)

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U.S. Oil Production Gains 'One of the Biggest...the World Has Ever Seen'

National Journal -- !!!SPONSORED CONTENT!!!

Can it be true?

Rising energy demand is generally seen as a sign of good things: People working harder and doing more.

Figures recently reported by BP in its 63rd annual Statistical Review of World Energy show that last year the U.S. saw strong growth in energy demand, a turnaround from the year before.

The report also showed that massive investments helped the U.S. achieve the world's largest increase in energy production last year -- and in turn, create thousands of new jobs across America.

"Indeed, the U.S. increase in 2013 was one of the biggest oil production increases the world has ever seen," wrote BP Group Chief Executive Bob Dudley.

Growth in energy demand in the U.S. has historically lagged behind developing nations, or non-OECD economies.  (go to article)

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Self-Driving Cars From Tesla In About 3 Years

Green Car Reports -- Musk says that full auto-pilot technology will appear within a "five- or six-year time frame", but some aspects of the technology would appear in the lower-priced Model 3 electric sedan due in three years time.

Tesla will develop the system and software itself, but sensors and subcomponents will be outsourced to other companies.

Incorporating some autonomous components should help Tesla get a head-start on the industry, though it's worth noting that several other firms, most notably one of Tesla's existing partners Mercedes-Benz, already features significant autonomous features in its high-end cars.
Some of this technology is notably missing from Tesla's existing Model S sedan, but autonomous tech fits well with the firm's emphasis on high technology--such as the large touchscreen displa  (go to article)

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Large Oil Company Bolts From ALEC

National Journal -- Occidental Petroleum is cutting ties with the American Legislative Exchange Council amid backlash against the organization’s stance on climate change. ...

Occidental's letter notes a concern that it could be "presumed to share the positions" on global warming and regulations to limit air pollution...

Last week, Google Chairman Eric Schmidt started the mass exodus by condemning ALEC for "just literally lying" about climate change. ...

"It says something that oil companies are leaving now," said Jay Riestenberg, a research analyst with Common Cause, a progressive organizing group that works to pressure companies to divest from ALEC. "They just don't see it as worth it anymore."  (go to article)

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California drivers brace for costly new gas tax

US News -- Exactly how much more? Nobody knows. Apparently state legislators felt compelled to approve the law first and do the math later. California drivers already pay the highest prices for fuel and the second highest fuel taxes in the country – 68.1 cents, second only to New York’s 68.9 cents per gallon.

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EIA: Refinery output, gasoline production and inventories all decrease

GasBuddy Blog -- The Energy Information Administration released its weekly report today on the status of petroleum inventories in the United States.  

Here are some highlights:

CRUDE INVENTORIES:
Crude oil inventories decreased by 1.4 million barrels to a total of 356.6 million barrels. At 356.6 million barrels, inventories are 7.1 million barrels below last year (2.0%) and are near the upper half of the average range for this time of year.

GASOLINE INVENTORIES:
Gasoline inventories decreased by 1.8 million barrels to 208.5 million barrels. At 208.5 million barrels, inventories are down 11.2 million barrels, or 5.1% lower than one year ago. Here's how individual regions and their gasoline inventory fared last week: East Coast (-1.9mb); Midwest (+0.3mb); Gulf Coast (+0.2mb); Rockies (even / no change); and West Coast (-0.5mb). It is important to note which regions saw increases/decreases as this information likely drives prices up (i  (go to article)

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Chrysler sales up 18.8%, Ford down 2.7% in September

Detroit News -- Jeep and Ram Truck sales last month led Chrysler Group LLC to its 54th consecutive month of year-over-year sales gains.

The Auburn Hills automaker on Wednesday reported it sold 169,890 cars and trucks in September, an 18.8 percent increase from 143,017 vehicles a year ago and its best September since 2005.

“Chrysler Group sales continue to demonstrate strength as we recorded our seventh month of double-digit growth this year,” said Reid Bigland, Chrysler head of U.S. sales, in a statement.

The Chrysler, Jeep, Ram and Fiat brands each posted year-over-year sales gains in September compared with September 2013.

The Jeep brand’s 47.4 percent increase was the largest sales gain of any Chrysler brand, followed by Ram Truck up 34.8 percent, Chrysler up 14 percent and Fiat up 6.4 percent.  (go to article)

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Truck deals help boost US auto sales in September

Associated Press -- September sales won't be as hot as August, the best month in eight years, but industry analysts still expect them to be strong.

Most predict sales rose around 10 percent from a year ago, fueled mainly by big discounts on pickup trucks. General Motors and Chrysler hoped to take advantage of Ford, which temporarily closed a truck factory to retool for its new aluminum-clad F-150. Ford also cut back on truck discounts.
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Chrysler U.S. Sales Rise 19% as Jeep, Ram Pickups Gain

Bloomburg -- Chrysler Group LLC’s U.S. sales in September rose 19 percent, beating the average of analyst estimates, as Jeep deliveries climbed 47 percent and its hot-selling Ram pickup soared 30 percent. Nissan (7201) Motor Co. also topped estimates with a 19 percent jump. Chrysler, owned by Turin, Italy-based Fiat SpA (F), said sales advanced to 169,890, marking the third-largest U.S. automaker’s 54th consecutive monthly increase. Analysts had estimated a 16 percent gain, on average. Total light-vehicle sales are forecast to increase 9.9 percent from a year earlier to 1.25 million, in a month with one more selling day than last year, according to analyst estimates compiled by Bloomberg. The Jeep brand’s winning streak has now lasted 12 consecutive months, helped by the Cherokee, which sold 14,639, th  (go to article)

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Ukraine Braces for a Winter Without Russian Gas

TheWire -- Days after an EU-brokered deal was set to give Ukrainians access to Russian gas for the winter, Ukraine is now balking at the price tag and preparing for the oncoming frost.

The deal, the details of which were announced on Friday, required Ukraine to pay $3.1 billion to Russia by the end of the year. "In exchange," The Times explains, "Gazprom will ensure that at least 5 billion cubic meters of gas are supplied to Ukraine from October to March at the set price of $385 per 1,000 cubic meters, which must be prepaid before delivery  (go to article)

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A U-Turn for a Terminal Built in Texas to Import Natural Gas

New York times -- SABINE PASS, Tex. — The giant Golden Pass natural gas import terminal here, meant to bring Middle Eastern gas to energy-hungry Americans, sits eerily quiet these days, a sleepy museum to a bygone era.

Its 5,000 valves, 50 million pounds of steel and ship berth as big as 77 football fields — representing a $2 billion investment by Qatar Petroleum, Exxon Mobil and Conoco Phillips — have been dormant for nearly three years. The unexpected American shale fracking frenzy produced such a glut of domestic gas that the United States does not need Qatari gas anymore.  (go to article)

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Three energy game changers: Achieving oil-free mobility

reneweconomy.com -- This decade China is set to regain the status it has held for 18 of the past 20 centuries: the world’s largest economy. A major engine of historic success was China’s inexorable drive to develop and deploy new technologies, far outpacing other civilizations. As Joseph Needham documented, and his student Robert Temple summarized in The Genius of China, about 90 percent of the technologies that underlay the West’s industrial revolution were actually invented in China. Today, revitalizing China’s innovation engine presents unique opportunities to accelerate the world’s next industrial revolution—especially in energy.

China’s recent decades of rapid development and urbanization have lifted hundreds of millions out of poverty but contributed to significant energy challenges. China is now the w  (go to article)

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Energy storage: generators to be the biggest losers

reneweconomy.com -- Conventional electricity generators have already received a battering from the revolution inspired by rooftop solar. Most fossil fuel generators – particularly those in Europe and Australia, are struggling to make a profit.

But things are likely to get worse. The influx of battery storage is destined to further reduce demand from conventional generators.

A major new analysis from global investment bank HSBC – Energy Storage, Power to the People – says the boom days for the fossil fuel generation are over. “There is no prospect of any return to anywhere near the level of profitability seen in the latter part of the last decade in generation,” it writes.

The HSBC analysis looks at a range of storage technologies and how that will impact the conventional energy systems. Its major conclusio  (go to article)

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Waldo (Fla.) City Commission votes to dissolve police department

ActionNewsJax.com -- AAA named Waldo as a known speed-trap.

WALDO, Fla. — The Waldo City Commission voted to suspend Waldo Police Department operations on Tuesday night.

The Alachua County Sheriff’s Office will take over law enforcement functions.

City Of Waldo Police Department operations like responding to calls or patrols end at midnight on Tuesday.

The officers will receive paid administrative leave and will be doing inventories until October 31.

After Oct. 31 the officers' positions will be dissolved.

Waldo residents will not see disruptions in law enforcement services.

Acting Captain Steve Maynard will go back to his normal duties at the Alachua County Sheriff’s Office.  (go to article)

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Ford confirms increased aluminum use on next-gen Super Duty pickups

fox -- After months of speculation fueled by reports from spy photographers, Ford has confirmed that the next generation F-Series Super Duty pickups will feature aluminum bodywork like the 2015 F-150 does.  (go to article)

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Coal competing with oil and gas for space on rail

Post Gazette -- In 2010, Chuck West, manager of coal procurement for one of the country's largest power generators, American Electric Power, rode a train down from the coal fields of Wyoming to Denver. Out the window, he took note of the many empty coal cars parked along the tracks.

Coal shipments have been on the decline since 2008 as low gas prices invigorated coal-to-gas switching at power plants. In 2008, coal reached a 20-year peak in railroad shipments. By 2013, it was at the lowest point during the same period of time.  (go to article)

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Zero Motorcycles' new e-bikes can last 185 miles on a single charge

Engadget -- With the bad memories of 2012 product recalls firmly banished to the past, Zero Motorcycles is today unveiling its 2015 lineup of e-motorbikes. Changes from the 2014 models include improved seats, a slight increase in price, and larger batteries that extend the bikes' range to a maximum of 185 miles with the $2,495 Power Tank accessory (a 14-mile boost from last year). The base Zero FX model now clocks in at $9,845, while the top-of-the-line Zero SR will set you back $17,345. You won't be able to buy any of the new bikes until December (February in Europe), but you can whet your appetite with a selection of videos below.
 (go to article)

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NTU, German scientists create new motor for electric vehicles

todayonline.com -- With some consumers put off by the limited distance an electric car can travel, scientists from Nanyang Technological University (NTU) have collaborated with German Aerospace Centre (DLR) to invent a two-in-one electric motor that uses energy more efficiently.

It merges the electric motor and air-conditioning compressor — typically installed as two separate units in vehicles — creating space for an auxiliary battery to provide up to 20 per cent more mileage. Keeping the two units separate is more energy consuming, a situation made worse by use of air-conditioning.
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Offshore Wind Turbines Could Tame Hurricanes

Wall Street Journal -- Could an armada of giant windmills reduce damage from the next big hurricane?

A study by scientists at Stanford University and the University of Delaware suggests that U.S. coastal cities could be spared by installing tens of thousands of gigantic wind turbines offshore in arrays up to 20 miles long. The scientists say the turbines, as high as a football field is long, would suck much of the energy out of storms and pay for themselves with the clean electrical power they produce.

The idea is that if you take away enough wind speed and reduce the height of the waves, you will break the feedback loop that makes hurricanes more powerful.  (go to article)

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Blades of grass inspire advance in organic solar cells

Phys.org -- Using a bio-mimicking analog of one of nature's most efficient light-harvesting structures, blades of grass, an international research team led by Alejandro Briseno of the University of Massachusetts Amherst has taken a major step in developing long-sought polymer architecture to boost power-conversion efficiency of light to electricity for use in electronic devices.

Briseno, with colleagues and graduate students at UMass Amherst and others at Stanford University and Dresden University of Technology, Germany, report in the current issue of Nano Letters that by using single-crystalline organic nanopillars, or "nanograss," they found a way to get around dead ends, or discontinuous pathways, [...]  (go to article)

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Fed Up With Federal Inaction, States Act Alone on Cap-and-Trade

Wall St. Cheat Sheet -- Unsatisfied with the pace at which the federal government is acting to reduce greenhouse gas emissions, several U.S. states and a few Canadian provinces are forging ahead with their own initiatives.

In 2013, California kicked off a cap-and-trade program in an effort to reduce its emissions to 1990 levels by 2020. The first year of the program was a resounding success, with the state’s economy expanding while at the same time adding renewable energy. But carbon markets are more effective — and far more efficient — when they involve more entities in more places.

California is by far the largest generator of renewable energy, but capping emissions only within its borders could lead to “leakages” — dirty generators moving across the border to Nevada, for example, and selling power back to...  (go to article)

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Crude oil in U.S. slides most in 22 months on growing supply

Bloomburg -- West Texas Intermediate crude on Tuesday slid the most in 22 months, while Brent reached a two-year low, as ample supply shielded the market from the risk of disruption due to the conflict in the Middle East.

Futures slumped 3.6 percent in New York and 2.6 percent in London. OPEC oil production increased in September, led by a rebound in Libyan output to the highest level in more than a year, a Bloomberg survey showed Tuesday. Both benchmarks capped their biggest quarterly declines in more than two years. WTI may approach $90.63 after breaking below $91.50, according to Bloomberg First Word oil strategist Eric D. Pradas.

“We are going to continue to see lower prices as we go forward,” said Tariq Zahir, a New York-based commodity fund manager at Tyche Capital Advisors. “Fundamentally we a  (go to article)

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Autumn brings fall in gasoline prices

Fuel Fix -- This year’s relatively good fuel price news continues as motorists steer into the fourth quarter.

The national average price for a gallon of regular was $3.33 Tuesday, AAA reported, the lowest average in seven months and about a dime less on the last day of September than on the first.

The Houston-area average price Tuesday was $3.12, down 13 cents from a month ago and 3 cents less than on Sept. 30, 2013, according to the motor club’s Daily Fuel Gauge Report.

Gasbuddy.com, which also monitors prices, reported that the lowest price available in Houston Tuesday was $2.86 per gallon.

The main factor in the price of gasoline is the price of oil, which also has been dropping. U.S. benchmark crude fell $3.41 to $91.16 a barrel Tuesday on the New York Mercantile Exchange. It was abo  (go to article)

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Who Is Buying The Islamic State’s Illegal Oil?

Oil Price.com -- In June 2014, computer files captured from a courier for the Islamic State shortly after the fall of Mosul revealed that the group had assets of $875 million, largely gained in the sacking and looting of Mosul and its central bank.

The size of the group’s bank account has now risen to an estimated $2 billion dollars, thanks in part to revenues from ransom paid for kidnapped foreigners and more pillaging. However, oil remains the group’s primary source of income.Select the reports you are interested in:Who Will be the Big Winners in the Coming LNG Bonanza

How to Play the Coming Boom in Advanced Fracking Technology

Why the Subsea Processing Sector will See Huge Gains in the Near Future

Investment Opportunities in Geothermal Power Generation

Machine to Machine Technology – A $1 Tr  (go to article)

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U.S. Oil Exports Hit 57-Year High in July

CBS News -- U.S. oil exports hit a 57-year high in July, according to federal data.

It was the second month in a row that exports were the highest since March 1957, according to EIA data going back to 1920.

Exports have increased in recent months as growing supplies of light, sweet oil in the U.S. threaten to overwhelm the nation's capacity to refine it, leaving producers searching for other legal outlets.

Most of July's crude-oil exports--373,000 barrels/day--went to Canada, according to the EIA. Some Canadian refineries prefer light crude to the heavy oil produced by the country's tar sands.

Oil from the U.S. made up 71% of Canadian crude imports in July, compared with just 14% in July 2013, according to Canadian trade data.

Italy imported 14,000 barrels a day from the U.S., the first time the  (go to article)

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Gasoline prices heading for a fall.

Greensboro, NC, News & Record. -- GREENSBORO - Gas prices are falling fast.
So fast, in fact, that North Carolina could see prices below $3 at some point in October, one analyst said.
“The prices we see right now are at the lowest level that we’ve seen since 2010,” said Gregg Laskoski, senior analyst with GasBuddy.com.
The average price for gasoline in North Carolina is $3.26 per gallon compared to $3.33 per gallon a year ago, Laskoski said Monday.

The national average is $3.33 per gallon — down from $3.42 per gallon a year ago.
At $3.08 per gallon, South Carolina has the lowest average gas prices, with several stations reporting prices below $3, according to GasBuddy.com.
No stations in North Carolina have reported prices below $3 yet, Laskoski said.
The cheapest gas in Greensboro reported as of late Monday afternoon....  (go to article)

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EPA says greenhouse gas releases from wells, pipelines decline

TribLive Business -- The U.S. oil and gas sector reduced greenhouse gas emissions from well sites, pipelines and processing facilities last year despite the industry's continued growth, the Environmental Protection Agency said Tuesday.

Use of technology and improvements in hydraulic fracturing techniques in natural gas production led the way, accounting for a 73 percent decrease in methane released by that process since 2011, the EPA said.

The industry as a whole reduced methane emissions by 12 percent in two years, even as the number of sources reported to the government grew by 13 percent. Carbon dioxide emissions from the industry increased by 2.5 percent last year, but the methane reduction brought the overall number down by 1 percent.
 (go to article)

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Natural gas production is bullish despite falling rig count

Market Realist -- Natural gas production

Since mid-2011, natural gas production increased even though the number of natural gas-targeted rigs has fallen.

The U.S. Energy Information Administration (or EIA)—in its Short-Term Energy Outlook (or STEO) released in September 2014—reported that dry natural gas production is set to increase to 69.7 billion cubic feet per day (or bcf/d) in 2014 and 71.1 bcf/d in 2015. In 2013, the country produced 66.5 bcf/d.

For reference, it averaged ~69.3 billion bcf/d for the first half of 2014.

In contrast, natural gas rigs continued to fall over the past three years. From ~930 in October 2011, it has come down to the current level of ~338.  (go to article)

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Walmart Claims Tracy Morgan, Others Didn't Wear Seatbelts in Crash

WSYX-ABC 6-AP -- Actor-comedian Tracy Morgan and other people in a limousine struck from behind by a Wal-Mart truck on a highway in June are at least partly to blame for their injuries because they weren't wearing seatbelts, the company said in a court filing Monday.

The filing was made in federal court in response to a lawsuit Morgan filed in July over the accident, which killed his friend James McNair, who was accompanying the former "Saturday Night Live" and "30 Rock" star back from a show in Delaware. Morgan spent several weeks in rehab with rib and leg injuries.

Wal-Mart Stores Inc., based in Bentonville, Arkansas, said in the filing that the passengers' injuries were caused "in whole or in part" by their "failure to properly wear an appropriate available seatbelt restraint device," which it said...  (go to article)

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Can GE Continue To Grow Its Oil & Gas Business?

Forbes -- GE‘s oil & gas business has grown at strong rates over the last many years through strategic acquisitions and organic growth. The industrial conglomerate currently is one of the largest suppliers of oil and gas drilling equipment with leading position in many segments such as subsea and turbomachinery solutions. During 2009-2013, revenues from GE’s oil & gas segment increased at a compounded annual growth rate of nearly 15%, from $9.7 billion in 2009 to $17 billion in 2013. Profits from this segment also rose steadily during this period, from $1.5 billion in 2009 to $2.2 billion in 2013. But with global crude oil prices expected to remain stable over the next few years with rising oil production from the U.S., can GE continue to grow its oil & gas business at such strong rates  (go to article)

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What's the most worry-free car you can buy?

Yahoo! Autos -- Car shoppers have a lot to sort through when looking for a new car. Often, one of their biggest concerns is how much a car will cost to repair over time. We took a stab at translating a lot of information to give shoppers more peace of mind. That's why we came up with the Worry-Free Index.

Cars.com's Worry-Free Index gives consumers a list of cars that editors are confident will provide the most worry-free ownership experience, based on proven reliability, low expected maintenance costs and strong warranties. We analyzed reliability scores given by hundreds of Cars.com consumers, and years of reliability data from two leading industry sources, J.D. Power and Associates, and Consumer Reports. We scrutinized five-year estimated maintenance costs and manufacturer warranties.  (go to article)

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Supply cuts necessary to shore up oil prices: Credit Suisse

Platts -- Should world crude prices continue to weaken into 2015, any forward price support will likely have to come from supply cuts, rather than increased demand, Credit Suisse analysts said Tuesday.

And even though there has been no evidence yet of a pullback in Saudi Arabian production, the investment bank's top oil economist Jan Stuart said in a conference call that Saudi Arabia will play a key role in balancing the market.

Amid a steadily bearish fundamental picture, Credit Suisse analysts this week cut their 2015 forecasts for ICE Brent and NYMEX crudes to $97/barrel and $89/b, respectively.

"Oil market fundamentals have continued to weaken," the analysts said. "The real problem, in our view, is supply. In contrast to the consensus, we find that oil demand growth is tracking close enough t  (go to article)

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Electric Vehicles Sell Power Back to the Grid

Wall Street Journal -- In the 1990s, Willett Kempton, a professor at the University of Delaware, proposed in a paper that electric vehicles could help pay for themselves by selling power back to the grid. When no one jumped on the idea, he decided to develop the technology himself.

Now, the pilot project he spearheaded at the university in conjunction with power-plant operator NRG Energy Inc. brings in roughly $110 a month per electric vehicle. The operation uses software to link a minimum of nine electric vehicles, mostly Mini Coopers, together into a virtual power plant on wheels that can both draw energy from the grid and discharge energy when needed.

"We're not earning enough money to get rich," says Dr. Kempton. But "it earns money, and it earns more money than it costs to do it."  (go to article)

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Enbridge to start filling reversed 9B pipeline with crude Nov 1

Platts -- Enbridge's plan to start filling its reversed 9B pipeline in Eastern Canada will provide a much-needed option for refineries in Quebec to source competitively priced crude, Guy Jarvis, the company's president for liquids pipelines, said Tuesday.

"The pipeline will provide access to light crude [from Western Canada and the Canadian Bakken] and also an alternative for the more expensive rail option," he said...

Enbridge is due to start filling the reversed pipeline on November 1, which will result in 300,000 b/d of primarily light crude flowing north from Westover in Ontario to Montreal, Quebec, he said.

A major beneficiary of the pipeline reversal will be oil sands producer Suncor, which also owns a 137,000 b/d refinery in Montreal. The company, which has traditionally relied on imports  (go to article)

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Oil, Rail Industries Want 7 Years To Fix Tank Cars

RigZone -- WASHINGTON (AP) — The oil and railroad industries are urging U.S. regulators to allow them as long as seven years to retrofit existing tank cars that transport highly volatile crude oil, a top oil industry official said Tuesday. The cars have ruptured and spilled oil during collisions, leading to intense fires. Jack Gerard, president of the American Petroleum Institute, told reporters in a conference call Tuesday that the institute and the Association of American Railroads are jointly asking the Department of Transportation for six to 12 months for rail tank car manufacturers to gear up to retrofit tens of thousands of cars and another three years to retrofit older cars. The two industries — which were at odds until recently over how best to prevent oil train collisions and fires — also wa  (go to article)

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Honda CR-V goes high tech to prevent crashes

USA TODAY -- In a class of family vehicles where safety can be a big selling point, Honda is betting on high tech to avoid wrecks in its 2015 CR-V.

The 2015 CR-V will be the first vehicle in Honda's lineup to get what the automaker has named Honda Sensing, a bundle of six technologies that the brand hopes will put it a step ahead of the razor-sharp competition in the compact crossover segment.
 (go to article)

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EPP completes first segment of Aegis ethane pipeline

Oil&Gas Journal -- Enterprise Products Partners LP reported that construction has been completed of the first segment of the Aegis ethane pipeline between Mont Belvieu and Beaumont, Tex. This 60-mile segment of 20-in. pipeline is part of the 270-mile Aegis ethane pipeline that when complete will create a 500-mile header system that extends from Corpus Christi, Tex., to the Mississippi River in Louisiana. Including EPP’s existing South Texas infrastructure, this system is now in service from Corpus Christi to Beaumont. The remainder of the Aegis pipeline will be completed in two phases. The next segment between Beaumont and Lake Charles, La., is slated for completion in third-quarter 2015. The final segment from Lake Charles to the Mississippi River is expected to be completed by yearend 2015. Aegis will have  (go to article)

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Drivers, Put Your Google Glass Away: Another Study Proves That Hands-Free Texting Isn't Safe

The -- As of today, 44 states prohibit texting and driving. (The six outliers: Arizona, Mississippi, Missouri, Montana, Oklahoma, and Texas.) Twenty-two place at least some restrictions on using handheld devices to make or take calls behind the wheel.

No state in the U.S.A. prevents drivers from using a cell phone at all -- the assumption being that going hands-free is a-okay. However, a new study from the University of Central Florida confirms what many have suspected: that even hands-free devices constitute a dangerous distraction for drivers.

BACKSTORY

Three years ago, the National Transportation Safety Board recommended that drivers be prevented from using cell phones at all. Study data suggested that hands-free devices weren't really any safer than their handheld equivalents, because the  (go to article)

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Crude Oil Price Crashes, Gasoline at 4-Year Low

Yahoo Finance -- Shortly after 9:00 a.m. ET Tuesday morning, the price of West Texas Intermediate (WTI) crude oil started dropping from an intra-day high of $94.93 to reach a low point of $91.02 shortly after noon, a drop of more than 4%. WTI traded at around $91.30 in the early afternoon, down about 3.3% from Monday’s closing price of $94.57.

A report from Reuters that OPEC had increased its output to a level not seen in nearly two years, combined with a stronger dollar, torched crude prices following the report. OPEC produced nearly 31 million barrels of crude per day in September, according to Reuters, up from 30.15 million barrels in August.

ALSO READ: 10 Companies Cutting the Most Jobs

In the United States, AAA reported that drivers paid the lowest average September price in four years for a gallon  (go to article)

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