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Insight: Electric vehicle sales fall far short of Obama goal
January 20, 2016 by publisher · Leave a Comment
By David Shepardson and Bernie Woodall DETROIT (Reuters) – Back in 2008, with gas prices averaging nearly $4 a gallon, President Barack Obama set a goal of getting one million plug-in electric vehicles on the roads by 2015. The Chevy Bolt promises a breakthrough on both fronts, with a 200-mile range and a price starting at about $30,000 – after government incentives.
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Insight: Electric vehicle sales fall far short of Obama goal
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Oil below $30 fans wipeout fears among U.S. shale survival artists
January 20, 2016 by publisher · Leave a Comment
By Terry Wade and Anna Driver YORKTOWN, Texas (Reuters) – Across oil fields from Texas to North Dakota fears are growing that crude's plunge below $30 a barrel is more than just another market milestone and marks a countdown to an endgame for many shale producers that so far have braved the 18-month downturn. Oil prices tumbled by more than a fifth this month to 12-year lows 70 percent below mid-2014 levels and…
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Oil below $30 fans wipeout fears among U.S. shale survival artists