Petroleum Industry

Chevrolet Volt tops Sierra Club ranking of plug-in hybrids

2013-06-19 06:00:00

Chevrolet’s Volt topped the Sierra Club’s list of plug-in hybrids in the environmental organization’s annual Electric Vehicle Guide. At a price falling mid-range in the list of six EVs reviewed, the Volt takes drivers 38 electric-...

Wall Street: all eyes on the Fed

2013-06-19 09:12:00

The stock market is waiting on the Fed. Major indexes drifted lower in midday trading Wednesday as traders wondered what the Federal Reserve will say about the U.S. economy and the central bank's huge stimulus program this afternoon. The U.S....

G-8 summit turns focus to clampdown on tax-dodging

2013-06-18 07:32:00

ENNISKILLEN, Northern Ireland — World leaders at the G-8 summit declared Tuesday that governments must work together to close loopholes that allow multinational corporate giants to avoid paying taxes in their home countries. In a joint statement...

Obama considers sweeping climate plan

2013-06-17 20:24:00

WASHINGTON — The Obama administration is considering a sweeping initiative to address climate change, including the first-ever limits on carbon dioxide from power plants, the country's biggest source of greenhouse gas emissions, according to...

Consumer prices rise just 0.1% in May

2013-06-18 06:28:42

WASHINGTON (AP) — U.S. consumer prices rose slightly in May as higher energy costs were partly offset by cheaper food. The small increase underscores that inflation is mild. The consumer price index ticked up a seasonally adjusted 0.1 percent last...

Consumer prices nudge up in May, but inflation remains tame

2013-06-18 07:48:00

WASHINGTON -- Consumer prices rose in May for the first time in three months, but the increase was small and inflation over the past year remained tame, the Labor Department said Tuesday. The consumer price index rose a seasonally adjusted 0.1% last...

Tech Spotlight

2013-06-18 07:00:00

In recent years, consumers have been swamped with a potentially confusing array of green automotive technologies. With input from Ron Cogan, editor and publisher of the Green Car Journal and CarsOfChange.com, we explored currently available planet-...

Fracking bills flop after gusher of opposition cash, report says

2013-06-14 09:25:00

Campaign contributions from the oil industry flooded into the California Legislature before it killed several bills that would have closely regulated the use of hydraulic fracturing, or fracking, to get oil and gas from the ground, a nonprofit group...

Automakers top annual list of greenest global brands

2013-06-14 09:48:00

Automakers topped the list of the greenest global businesses when Interbrand released its annual list earlier this week. But while the industry has made gains, it isn’t a bastion of green policies and often fights the efforts by regulators to...

Jury chosen for trial of reputed Boston mobster Whitey Bulger

2013-06-11 09:29:00

BOSTON -- Jury selection was completed Tuesday in the racketeering trial of reputed Boston gangster James "Whitey" Bulger. The process of choosing 12 jurors and six alternates ended around 11 a.m. local time after six days of questioning, but not before...

Three years later, BP oil cleanup ends in some Gulf Coast states

2013-06-10 13:52:00

Three years after a cataclysmic oil spill in the Gulf of Mexico, oil producer BP announced Monday that active oil cleanup had ended in three states hit by the disaster. The gulf, the company said, is getting back to normal, a claim contested by...

Santa Monica hotel that shunned the ocean to be replaced

2013-06-13 06:30:00

With ocean views selling at a premium throughout Southern California, it can be dumbfounding to encounter a prominent downtown Santa Monica hotel that deliberately averts its gaze from the water. The boxy former Holiday Inn near the Third Street...

Summer gasoline prices are expected to be just six cents a gallon lower than they were last year, but Kelley Blue Book has found auction prices for used hybrids such as the Prius are down more sharply than any other car segment

2013-05-30 09:57:00

Oil prices dropping

2013-05-30 06:09:00

The Inglewood Oil Field in Culver City is the nation's largest urban oil field.

2013-05-22 00:00:00