Keyword: diesel
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General Motors and Ford both have their feet firmly on the gas pedal. Even as they commit tens of billions of dollars toward future electric vehicle development, they’ve been making major investments in internal combustion engine (ICE) vehicles that they plan to build into the next decade. So far this year, GM has announced more than $2 billion in spending to build new full-size trucks and SUVs and a new generation of V8 engines that will power them. "The ICE age is not over," GM President Mark Reuss told FOX Business at GM’s most recent investor day event. "We’re not...
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LiquidPiston says its new XTS-210 solves the efficiency, lubrication and fuel type issues of Wankel rotary engines. This supercharged, liquid-cooled two-stroke claims 5X the power of an equivalent size or weight diesel engine, and 3X the torque. Targeted at military, commercial and aerospace applications, the XTS-210 is about the size of a basketball, weighs in at 19 kg (42 lb), and displaces 210 cc. It'll run on multiple fuels, including diesel and kerosene/jet fuel. The company is shooting for about 20 kW (26.8 hp) and 29.4 Nm (21.7 lb-ft) of torque, both at 6,500 rpm. These numbers compare favorably against...
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Billionaire Amazon founder Jeff Bezos and his girlfriend Lauren Sanchez have gotten engaged four years after going public with their relationship, according to multiple reports citing unnamed sources who say they are familiar with the matter. On Monday, TMZ, Page Six, CNN, People, and the Daily Mail, all reported that Jeff Bezos and Lauren Sanchez, a former news anchor, are now engaged. Bezos, who is currently the third-richest man in the world, went public with Sanchez in 2019, shortly after he and philanthropist MacKenzie Scott said they were getting a divorce after 25 years of marriage. Sanchez is currently the...
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Scottish Power admitted 71 of its windmills were hooked up to the fossil fuel supply after a fault developed with their power supply. Dozens of giant turbines on Scotland’s windfarms have been powered by diesel generators, the Sunday Mail can reveal. Scottish Power admitted 71 of its windmills were hooked up to the fossil fuel supply after a fault developed on the grid. The firm said it was forced to act in order to keep the turbines warm during very cold weather in December. But a whistleblower has told the Sunday Mail the incident is among a number of environmental...
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Powered by small business owners and union workers alike, the trucking industry is on a collision course with the Democrat Party over federal and local efforts to phase out diesel rigs and push the shipping industry to electric vehicles. The latest strike came a few weeks ago when the U.S. Environmental Protection Agency proposed new tailpipe emissions goals that could require up to two-thirds of new vehciles sold in the U.S. by 2032 to be battery-powered electric vehicles. A top executive of one of the country’s largest trucking companies declared Tuesday that EPA's proposed new regulations on carbon emission are...
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While Resident Biden is on good terms with the Mexican drug and sex trafficing cartels that control our southern border, the oil cartel just stuck their fingers in Biden’s eyes by cutting oil productions. Cartel removes more than 1 million barrels a day from market Analysts say the decline in oil inventories will accelerate Today, crude oil futures are up 6.62% to over $80 per barrel. Sunday’s surprise OPEC+ production cuts have redefined the outlook for crude prices, bringing $100 a barrel back into the frame. Prior to the announcement, the cartel’s own numbers suggested the group would need to...
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The Biden administration cleared the way Friday for California’s plan to phase out a wide range of diesel-powered trucks, part of the state’s efforts to drastically cut planet-warming emissions and improve air quality in heavy-traffic areas like ports along the coast.
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The Biden administration will approve new California rules to cut tailpipe pollution and phase out sales of diesel-burning trucks, according to three people briefed on the plans, a move that could jump-start the nation’s transition to electric-powered trucks and help communities harmed by diesel pollution.
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Climate bills in the Oregon legislature are being criticized for potential devastation of rural communities and could possibly fuel further inflation. One of the bills titled House Bill 3158, the "Clean Diesel Engine Tax" would add new taxes to off-road machinery, such as that used in farming and logging. The Oregon Farm Bureau (OFB) came out against this bill, pointing out that it would tax virtually every piece of equipment that's used in agriculture, plus the fuel and tires that are also necessary for its use. The OFB added that this bill would put the burden on rural businesses with...
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... Here’s the article by Scottie Barnes from our premium news partners at The Epoch Times. The focus of the article is on the energy crisis which goes hand-in-hand with the food crisis. But pay special attention to what Democrats are trying to do to farmers and ranchers in our nation. This is The Great Reset unfolding before our eyes.Critics Blast Oregon’s Efforts to Phase Out Petroleum Diesel and Restrict FarmingA series of climate bills now before the Oregon legislature could devastate rural communities and further fuel inflation, according to detractors.The bills would phase out petroleum-based diesel fuel, levy sweeping...
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Europe’s ban on Russia’s diesel arrived painlessly on Sunday. Although the EU cut off its biggest supplier, diesel futures prices in the bloc fell 1.6% on Monday, amounting to a 20% loss over the past two weeks as demand in the region has waned... The diesel ban comes two months after the bloc placed an embargo on seaborne crude oil imports from Russia, as part of a package of sanctions against Moscow for its invasion of Ukraine. Russia accounted for 29% of the region’s total diesel imports last year, data from Rystad Energy shows.... The bloc is already importing significantly...
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U.S. oil refining margins, also known as the 3-2-1 crack spread, jumped to a three-month high on Tuesday — and that’s an indication the country faces an ongoing product shortage that might lead to higher gasoline and diesel prices at the pump. The 3-2-1 crack spread is a great indicator to gauge fuel product tightness. High spreads indicate gasoline, diesel, jet fuel, and other petroleum products are in short supply, while low spreads mean an abundance of supply. Spread direction is also important — if rising, it would mean fuel inventories are declining. The simple calculation of refining margins is...
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The Environmental Protection Agency (EPA) finalized a rule Tuesday that will impose stricter nitrogen dioxide emissions standards on new heavy-duty trucks, a move that will substantially hike operating costs for truckers, experts and industry representatives told the Daily Caller News Foundation.
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As the global economy slows and global central banks continue to tighten, we are seeing gasoline and diesel prices falling. But bear in mind that US gasoline prices remain 30% higher since Biden was sworn-in as President. Diesel prices are up a staggering 78% since that fatal day. Speaking of tightening monetary policy, the US Treasury yield curves have flattened/inverted since The Fed started tightening with rate increases to fight inflation. Let’s see how inflation does with Congress’ $1.7 trillion, unread Omnibus bill. Aka, Grand Theft Congress. Pelosi is holding an iPhone and Schumer is holding the scope rifle. McConnell...
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Mercedes Benz W123 is the best-selling Mercedes-Benz of all time - 2.7 million made. It radiates old-school spirit of quality engineering.
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Age is nothing but a bleepin’ number, according to President Biden. The oldest-ever commander-in-chief, who turned 80 last month, has “vented to allies” about how much the topic is discussed in the media as he sizes up a bid for a second term in 2024, Politico reported Tuesday. “You think I don’t know how #####$$ old I am?” an exasperated Biden — who reportedly has a penchant for profanity — ranted to one of his acquaintances earlier this year, according to the outlet.
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After nearly two years of rampant price increases that appear to have no end in sight, one thing is clear: The economic forecasters amplified by the corrupt corporate media are always wrong. You wouldn’t know it from headlines suggesting inflation is “easing,” “cooling,” and “slowing,” but November’s consumer price index advanced 7.1 percent since this time last year. Nearly two years into Joe Biden’s presidency, U.S. inflation has reportedly climbed 13.8 percent and is still lingering near the four-decade highs that burdened Americans for the last 24 months. Gas prices last month may have dropped to an average of $3.25...
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WASHINGTON — White House press secretary Karine Jean-Pierre wouldn’t say Tuesday whether President Biden would ask his aides to return 2020 campaign contributions from accused cryptocurrency con man Sam Bankman-Fried, whom the Justice Department has charged with swindling investors out of at least $1.8 billion. “The president received campaign donations [from Bankman-Fried]. Will the president return that donation? Does he call on all politicians … to return those funds?” asked Associated Press reporter Zeke Miller. “So look, I’m covered here by the Hatch Act — [I’m] limited on what I can say and anything that’s connected to political contributions from...
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American households' real wealth fell $13.5 trillion in the first three quarters of 2022, ... The 8.6 percent drop from January to September is the second fastest decline on record, behind the financial crisis of 2008/2009. Record-high inflation under the Biden administration is causing a decrease in the purchasing power of assets and liabilities, MarketWatch reports: Nominal net worth fell 4.6% to $143.3 trillion, as the market value of assets fell by $6 trillion and liabilities rose by about $900 billion. Households’ balance sheets—assets minus liabilities—were propped up by a 10% increase in home equity, which is the greatest source...
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WASHINGTON — President Biden wrongly claimed Tuesday that he lowered the national debt by $1.7 trillion — when in fact the debt grew by nearly $3.7 trillion during his first 23 months in office. Biden made the error while using the terms “deficit” and “debt” interchangeably during remarks touting the slight decline in the annual inflation rate to 7.1% in November. “We’ve done all of this while lowering the federal deficit in the two years we’ve been in office $1.7 trillion,” Biden said before incorrectly adding, “Let me say that again — $1.7 trillion we’ve lowered the federal debt.” The...
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