gasoline

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China Sells Gas to Iran Despite US Pressure

Provides 1/3 of its fuel imports

(Newser) - Chinese state oil companies began selling gasoline to Iran this month and now provide 30,000 to 40,000 barrels a day, or as much as a third of the country's imports. The development comes despite US-led attempts to block gas shipments to Iran, which has seen oil giants BP ...

Hybrid Owners Have More Accidents, Get More Tickets

Environmentally-conscious motorists also drive more, study says

(Newser) - Owners of hybrid vehicles tend to drive more, have higher repair bills, and get more tickets than their gas-guzzling counterparts, the Car Connection reports. A study of the behavior of 360,000 motorists found insurers pay 17% more for comprehensive coverage of hybrid owners compared to owners of conventional models....

How Taxpayers Can Profit From the New GM
How Taxpayers Can Profit From the New GM
ANALYSIS

How Taxpayers Can Profit From the New GM

A change in the automotive paradigm would be worth more than any dividend

(Newser) - Tomorrow will see the death—and rebirth—of General Motors. And with the government taking a 60% stake, it's reasonable to wonder whether taxpayers will ever see a return on their investment, writes Matthew DeBord for the Big Money on Slate. But the focus on money might be "short-sighted,...

Levy on Driving Gains Speed as Gas-Tax Replacement

(Newser) - As the US moves away from a gasoline-only auto culture, researchers and the government are investigating alternative taxes to fund road-building and maintenance, the Kansas City Star reports. The leading idea to supplant the gas tax is a by-the-mile approach endorsed by a federal commission. “If you’re committed...

Leaded Gas May Have Slowed Climate Change

(Newser) - The dirty fumes of leaded gas may have curbed global warming for a few decades in the 20th century, the New Scientist reports. Researchers in Washington state have found that lead particles are key to creating ice crystals, which help form clouds—which aid global cooling by reflecting sunlight back...

E. Coli Biofuel Can Go Right in the Tank

(Newser) - Scientists have genetically engineered the E. coli bacteria to produce a carbon-rich alcohol molecule equivalent in energy to gasoline, Popular Mechanics reports. The “long-chain” alcohol does not occur in nature, but with six to eight atoms of carbon, it is far more efficient than ethanol, which has only two....

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