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Automakers Side With Trump Admin in Legal Fight With California

“The Trump administration says the freeze would increase safety by making newer, safer cars more affordable” reports realclearpolitics.com. The move came after Ford, BMW, Honda and Volkswagen signed a deal with the California Air Resources Board, the state’s air pollution regulator, which had been at odds with the Trump administration for months.WASHINGTON (AP) — General Motors, Fiat Chrysler, Toyota and 10 smaller automakers are siding with the Trump administration in a lawsuit over whether California has the right to set its own greenhouse gas emissions and fuel economy standards. Source: realclearpolitics.com

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Pilot ignored fuel warnings, inquiry finds

“The pilot of a helicopter that crashed into the Clutha bar in Glasgow, killing 10 people including himself, decided to ignore low fuel warnings, an inquiry has found” reports theguardian.com. The inquiry, roughly equivalent to an inquest, was charged with establishing what caused the fatal crash and how the victims died.The crash on the night of Friday 29 November 2013 killed the pilot, Captain David Traill, two police officers and seven customers of the bar.The inquiry heard that the helicopter’s engines flamed out sequentially as a result of fuel starvation…

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News Oil 

Oil and Corn clash over secretive U.S. biofuel waivers in hearing

“The oil industry, meanwhile, also dislikes the proposal” writes Midwest Communications Inc for 95kqds.com. (Reuters) – The U.S. oil and corn industries continued a long-running public battle over America’s biofuels policy on Tuesday during a Congressional hearing about the Trump administration’s use of “secret waivers” for refineries. The refining industry also refutes accusations that the waivers have impacted overall demand for ethanol, arguing that the U.S. trade war with China has been a much bigger factor behind falling agricultural commodity markets.Early this month, the EPA unveiled the plan, which would…

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‘Chaos Map’ shows violent deaths will ‘soar’ in 10 years due to food, water shortages…

“By scanning reports covering food, water, and fuel insecurity shocks published since 2005, the team have plotted data for violent deaths – including riots , looting, armed conflict and demonstrations – and suicides on the Chaos Map” writes Image Mdm for mirror.co.uk. Researchers say the number of deaths due to conflict and rioting caused by food, water and fuel shortages is likely increase rapidly over the next 10 years. Source: mirror.co.uk

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Officials eye explosion at California fuel site after quake

“County health officials later lifted the shelter in place order affecting about 12,000 people” reports thebusinessjournal.com. The earthquake struck about 15 miles (24 kilometers) southeast of the NuStar Energy fuel storage facility in Crockett.About 200 firefighters fought the flames with foam and water, trying to prevent it from spreading to other tanks containing jet fuel and ethanol. Source: thebusinessjournal.com

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IMF chief: trade conflicts fuel synchronized global slowdown

“Those discussions are expected to be dominated by the global growth slowdown, the trade conflicts and concerns over what the impact of a messy exit by Britain from the European Union could do to European growth prospects” reports thebusinessjournal.com. The lasting solution to the trade conflicts will require cooperation from all countries, Georgieva said.IMF Managing Director Kristalina Georgieva said that an updated IMF forecast to be released next week will show growth falling to its lowest point since the beginning of this decade.(AP) — The new head of the 189-nation…

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Revenues from fuel price rise should be given to low-income people: Rouhani

“During a session of the council on July 13, the amendments to the national budget plan for the current calendar year (started on March 21) were approved” reports tehrantimes.com. During a session of the council on July 27, four strategies to compensate for budget deficit were approved.They are aimed at reducing the country’s dependence on oil money and promoting economic stability under the umbrella term “resistance economy” ordered by Supreme Leader of the Islamic Revolution Ayatollah Ali Khamenei. Source: tehrantimes.com

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