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NEWS ABOUT: gas

Prius: 1M and Counting

Toyota hybrid's sales into seven digits, and company sees no slowdown

(Newser) - The Toyota Prius is a now 1 million units strong, and the landmark gas-electric hybrid, introduced in 1997, is poised to keep growing, the AP reports. Toyota said today it expects to be selling a million a year by sometime after 2010; what’s more, the company claims 4.5... More »

Old-School Pumps Can't Register New Gas Prices

Mechanical dials can't register prices over $4

(Newser) - With gas at nearly $4 a gallon, thousands of American gas station owners foresee trouble—because their old-time pumps can't price gas at higher than $3.99. "In small towns, where you don't have the volume, there's no way you can afford to pay for the replacements for these... More »

Motorists Brake for Fuel Prices

Drivers try to get savings any way they can, even if it means slowing down

(Newser) - It’s common knowledge that driving a little slower makes more efficient use of gas. And with fuel prices sky-high, some drivers are actually throttling back in hopes of feeling less pain at the pump, the AP reports. Vacation drivers and truckers alike are heeding experts’ advice that cars are... More »

Fill 'Er Up— In Your Own Back Yard

Distiller could home-brew ethanol for as little as $1 a gallon

(Newser) - Backyard brew may soon ease the pain at the gas pump if two entrepreneurs pushing a home ethanol system have their way, reports the New York Times. E-Fuel Corporation's device is roughly the size of a stackable washer-dryer and will sell for about $10,000. Using sugar or feedstock and... More »

Cars Must Get 35.7mpg by 2015

Feds toughen fuel standards by 25%

(Newser) - Cars will have to get 35.7 miles per gallon by 2015, and trucks will have to get 28.6 under new standards issued by the federal government today. That means a combined average of 31.6mpg, an increase of 25% from current standards, CNN reports. The feds require automakers... More »

Car Talk Bros Get Animated, Dis Gas-Guzzling Heaps

Click and Clack to star in PBS cartoon, pessimistic Nova episode

(Newser) - NPR’s chuckling Car Talk guys Tom and Ray Magliozzi are about to become even more animated—with a new cartoon series of themselves on PBS. But their view on the heaps they've helped drivers patch up for the past 30 years isn't so funny, Newsweek reports. Click and Clack's... More »

Stocks Seesaw, Close Down

Investors hold their breath for coming Q1 earnings reports

(Newser) - Stocks wobbled today, eventually posting modest losses as investors still processing GE’s poor results absorbed Wachovia's unexpected losses and steeled themselves for more disappointment from first-quarter earnings reports. The Dow ended the day down 23.36 at 12,302.06, the Nasdaq dropped 14.42 to 2,275.82,... More »

Gas-Guzzlers Will Cost Londoners $50 a Day

Mayor's move sparks outrage, applause

(Newser) - In a move to make drivers of gas-guzzlers “pay for the environmental damage they cause,” London’s mayor is imposing a CO2 charge: beginning in October, every private vehicle driven in the central city that doesn’t meet tough emissions standards will cost its owners $50 a day,... More »

Wowie! Maui Gas Hits $4

Hawaii is especially hard hit by rising oil prices

(Newser) - The price of gas in the US hit another record this morning of $3.28 a gallon, CNN reports, but at least one part of the nation thinks that would be a great bargain. On Maui, $4 gas has already arrived in many places, and the island is on the... More »

Biofuels Will Add to Heating Climate, Studies Say

Land likely to be used for production is already helping absorb carbon

(Newser) - Biofuels could hurt Earth more than help it, two new studies conclude. Over 30 years, argues one, corn-based ethanol would spout twice the greenhouse gas of regular gasoline; the other notes environmental damage likely to be wreaked by chopping rainforests and other areas for production, the Washington Post reports. The... More »

US Drilling Deals Spark New Fears for Polar Bears

Oils companies to explore frozen seas

(Newser) - The US government has announced $2.7 billion in winning bids for oil drilling rights in 2.8 million acres of Alaska's frozen Chukchi Sea, despite angry objections of lawmakers and environmentalists. The bids include a record $105 million offer from Shell for a single 9-square-mile tract. Environmental groups say... More »

Brits Debate Eco-Wisdom of Biofuels

Oil substitute may destroy rainforests, increase food prices

(Newser) - Biofuels may actually exacerbate the environmental problems they were meant to allay, reports the Observer, and a UK Parliamentary committee has released a report examining the possible effects. Using fuel made from crops like tallow and rapeseed may actually worsen greenhouse gas emissions, kill rainforests, and drive up food prices... More »

Florida Chemical Blast Kills 4

Plant explosion injures more than 20

(Newser) - An explosion at a Florida chemical plant today left four people dead and up to 21 others injured in a scene several witnesses likened to a war zone, the Florida Times-Union reports. The Jacksonville blast occurred around 1:30pm and sent billows of smoke into the sky. “Those shock... More »

30K Americans Ordered... This?

Daimler's new fuel-savvy car in high demand before 2008 release

(Newser) - American orders for a new fuel-smart car are already swamping its German manufacturer, the AFP reports. Some 30,000 Americans have already put down $99 on Daimler's Smart Fortwo in anticipation of its January arrival—but some analysts say the tiny two-seater will end up parked in a country that... More »

Israel Cuts Fuel to Gaza

Government says reduction won't cause a humanitarian crisis

(Newser) - Israel cut Gaza’s fuel supply today in a bid to force the strip's Hamas government to curb rocket attacks on Israel. An Israeli official told the New York Times the plan was to cut deliveries 5 to 11%, but a Gazan official told the AP shipments were short by... More »

Britain to Claim Antarctic Seabed

Bid follows this summer's Arctic territory scramble

(Newser) - Britain will submit a claim to the UN for 386,000 square miles of Antarctica, its foreign office said today, joining the international race to grab a piece of the mineral- and oil-rich territory as global warming makes it more accessible. The move violates a 1959 treaty, which Britain signed,... More »

Ethanol Glut Sinking Farmers' Hopes

'Gold rush' fades as biofuel prices plummet

(Newser) - A glut of ethanol has sent prices plumetting, staggering the hopes of farmers and businesses who once counted on a biofuel gold rush, reports the New York Times. Companies and farm cooperatives built so many ethanol distilleries that production has far outpaced demand, in part because distribution hasn't kept up. More »

US Oil Program Troubled: Report

Management issues plague Interior Dept. collection service

(Newser) - An Interior Department report has found that the internal program responsible for collecting $10 billion per year from companies that drill on US land is plagued by unethical practices and mismanagement. The report cited “profound failure,” and said the agency—which is years behind in its billing—wasn’... More »

The Arctic Is Ours: Kremlin

Russia claims polar mineral wealth

(Newser) - In the latest audacious claim by Russia, the nation is insisting that rock samples taken 13,000 feet beneath the North Pole prove that a large part of the Arctic seabed is rightfully Russian territory. The US, Canada, Norway and Denmark also have territorial claims to the mineral-rich area that's... More »

Oil Prices Approach All-Time High

Hopes set on sign from OPEC meeting that production will increase

(Newser) - The price of oil approached a record high yesterday, hiking interest in next week’s OPEC meeting in Vienna, where observers hope the association will give some positive sign that production will increase. OPEC, however, seems divided on the matter, with the group’s president calling the market “very... More »

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