Bloomberg, Fitch Predict Oil “Death Spiral” As Early As 2023

Bloomberg and Fitch Ratings both predict a massive sell off of fossil fuel and utility industry stocks as early as 2023 due to the increasing number of electric cars on the road.

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McDonald's, not Ethanol, is What's Raising Chicken and Food Prices

Despite the fact that farmers denied it and that the AAA came out against anti-ethanol ads, a huge percentage of the public believes big oil’s ridiculous fear mongering. As has happened time and time again, new information coming is making those people look pretty silly.

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Gap Between Ethanol Prices and Gas Prices Continues to Widen

The price gap between ethanol prices and gasoline continues to widen, according Bloomberg, who says the “discount”, or the cost incentive to choose ethanol over gas has increased from “0.26 cents to 36.55 cents a gallon, the steepest since April 26, as a June 5 Energy Information Administration report showed.” Why is that?

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GM CEO: We're Working On 200 Mile EV

What is the magic number when it comes to EV driving range? The initial wave of Nissan Leafs received a 73 mile rating, though plenty of owners have achieved more or less range, depending on a wide variety of factors. Yet EV sales are not what Nissan hoped for, and other automakers have taken note. GM’s CEO Dan Akerson said the General is working on an EV with 200 miles of real world range.

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