Royal Dutch Shell (or just Shell, if you’re into the whole brevity thing) has already committed a billion dollars toward alternative fuels, and now it’s showing us where some of that money is going. The gas station corporation has agreed to buy NewMotion, a Netherlands-based company that owns some 30,000 electric-vehicle charging points across Western Europe according to Reuters. Shell says that these will complement the company’s existing roll-out of charging stations. “One is fast charging on the go on the forecourt and the other is a slightly lower rate…
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Gasoline Analyst Questions N.S.’s Regulated System After Price Swings – Nova Scotia – CBC News
Nova Scotians have had gas prices spike three times in the last two weeks, with the Utility and Review Board invoking the interrupter clause on Sept. 2 to raise the price. (The Associated Press) A petroleum analyst is questioning Nova Scotia’s practice of setting weekly gas prices after large recent swings in the cost of filling up. Dan McTeague with gasbuddy.com said the price of gasoline on global markets has been steadily going down since Hurricane Harvey caused it to spike, and dropped “dramatically so as early as late last week.” He’s criticizing the Nova…
Read MoreChina Aims For An Industry-Changing Ban On Fossil Fuel Cars
It’s not just European countries planning long-term bans on fossil fuel cars. China’s vice minister of industry and IT, Xin Guobin, has revealed that the country’s government is developing a timetable for a ban on sales of fossil fuel vehicles. The official hasn’t given a rough estimate for when a ban would kick in, but France and the UK are both aiming for 2040. It won’t be surprising if China aims for a similar time frame, and it’s already introducing a cap-and-trade program that forces companies to buy credits from…
Read MoreNova Scotia Gas Prices Jump As Weather Rages In Texas – Nova Scotia – CBC News
Storm weather in Texas may be miles away from Nova Scotia but it’s having an effect on the price of gas here. On Friday, regular gasoline in Nova Scotia jumped seven cents to $1.13 per litre; diesel is up two cents per litre at $0.99. Dan McTeague, a petroleum analyst with the website GasBuddy.com, said those spikes are just the start and there is “definitely more to come.” “The increases that we are paying today is about half of what we’ve seen in, say, other parts of eastern Canada,” McTeague…
Read MoreThe Rise Of Electric Cars Will Kill The Gas Station – Engadget
Gas stations are a lifeline. They not only fuel our cars but us, too — whether it’s with lukewarm coffee during the morning commute or the salty-sweet buffet during road trips. They’re a glowing oasis when the gas tank is empty and our bladders are full. It’s going to be a long while before the handy service station goes away, but its days are numbered — because electric cars are going to change everything. One of the biggest complaints you hear about electric vehicles is that you can’t refuel them…
Read MoreAll Fossil-Fuel Vehicles Will Vanish In 8 years In Twin ‘Death Spiral’ For Big Oil And Big Autos, Says Study That’s Shocking The Industries | Financial Post
No more petrol or diesel cars, buses, or trucks will be sold anywhere in the world within eight years. The entire market for land transport will switch to electrification, leading to a collapse of oil prices and the demise of the petroleum industry as we have known it for a century. This is the futuristic forecast by Stanford University economist Tony Seba. His report, with the deceptively bland title Rethinking Transportation 2020-2030, has gone viral in green circles and is causing spasms of anxiety in the established industries. We are…
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