Will EV market survive without subsidies?
Sept. 30 was the last day of the generous, sales-boosting federal subsidies for electric-vehicle purchases. It was also the final day that EVs could access carpool lanes with only the driver in the car. For years, various low- and zero-emission automobiles have been the darlings of policymakers, such as Gov. Gavin Newsom, former Gov. Jerry Brown, a host of Sacramento lawmakers, activists and consumers who felt the need to show off their green bona fides. ...
Read the latest on how tariffs hurt employers and workers
Soybean squabble points to larger ag problems to come
During the first Trump Administration Americans were asked to adopt the motto, “short term pain for long term gain.” During the current Trump Administration, the tariff war was kicked off with “Liberation Day.” With harvest season upon ag country, soybeans are taking center stage in the current trade war. China has been the biggest purchaser of American soybeans for many years. During the first Trump Administration trade war, soybean purchases from China dropped from $14 ...
Learn about the impact of the latest refinery fire
How Much Will Gas Prices Rise After So Cal Refinery Fire?
Producing 269,000 barrels a day of useful fossil fuels, the El Segundo facility is second in the state only to Marathon’s Los Angeles refinery, which puts out 365,000 barrels a day, good for 22.5% of state’s capacity. The Chevron site provides 20% of motor vehicle fuel in California and 40% of the jet fuel consumed in Southern California. While a significant loss, the overall picture is even worse. The Phillip’s 66 refinery complex in Wilmington and nearby Carson ...
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