30 Jul '18, 2pm

Analysis: Is shale oil a cost effective switch or just a dent in our wallets?

ExxonMobil oil refinery, Baton Rouge, Louisiana, by WClarke [CC BY-SA 4.0] Enlarge Photo Shale oil's prevalence in the American oil market may present a large obstacle for rising fuel economy standards. Shale oil creates gasoline with a lower octane rating than gasoline created by conventional crude oil. This is due to higher concentrations of elemental components such as Naphtha present in the shale. Some automakers are pushing to make 95 octane the new standard for fuel in the United States, which could cost more at the pump although proponents say the cost would be offset by better fuel efficiency. DON'T MISS: Oil refiners express skepticism, worry over electric cars Since gasoline made from shale oil does not create higher octane content fuel, its increasing popularity will create a larger supply of less expensive lower octane rated products, putting a strain on the ma...

Full article: https://www.greencarreports.com/news/1117931_analysis-is-...

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Strong Dollar Could Cap Oil Prices

greencarcongress.com 28 Jul '18, 9am

By Irina Slav for Oilprice.com. The strength of the U.S. dollar poses an obstacle to further gains in oil prices. Presiden...