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More than three dozen states have speed limits of 70 m.p.h. or higher, with some roads in Texas and Utah allowing motorists to travel as fast as 80 or 85 m.p.h.

Now Pennsylvania is looking to join the 70 mph club. The speed limit on much of the entire Pennsylvania Turnpike could rise to 70 m.p.h. by next summer, Turnpike officials said this

Interstate 380 in northeastern Pennsylvania, which will go to 70 m.p.h next month.
The Energy Information Administration released its weekly report on the status of petroleum inventories in the United States today. 

Here are some highlights:

CRUDE INVENTORIES:
Crude oil inventories decreased by 3.7 million barrels to a total of 367.4 million barrels. At 367.4 million barrels, inventories are 2.8 million barrels above last year (0.8%) and are in the upper half of the average range for this time of year.

GASOLINE INVENTORIES:
Gasoline inventories increased by 0.4 million barrels to 218.2 million barrels. At 218.2 million barrels, inventories are down 5.2 million barrels, or 2.3% lower than one year ago. Here's how individual regions and their gasoline inventory fared last week: East Coast (-0.2mb); Midwest (-0.7mb); Gulf Coast (+2.0mb); Rockies (-0.1mb); and West Coast (-0.5mb). It is important to note which regions saw increases/decreases as this information likely drives prices up (in the case of falling inventories), or down (in the case of rising inventories).

DISTILLATE (diesel, heating oil) INVENTORIES:
Distillate inventories increased by 0.8 million barrels to a total of 126.7 million barrels. At 126.7 million barrels, inventories are now up 0.7 million barrels, or 0.6% lower vs. a year ago.
Carlos Ghosn, president and CEO of Nissan Motor Co., Ltd., last week announced the Japanese carmaker's launch timetable for the latest vehicle automation technologies aimed at accelerating consumer adoption of Autonomous Drive systems. 

The Nissan CEO said new technologies including automated lane controls and highway traffic management systems, to be introduced over the next four years, would demonstrate to consumers the viability and value of Autonomous Drive systems, which Nissan intends to make commercially viable by 2020. 

Autonomous Drive technologies, which are being introduced progressively by Nissan, are designed to enhance road safety and driving conditions by automating everyday tasks for motorists. Unlike pilot-projects for completely self-driving vehicles, currently undergoing preliminary tests elsewhere in the industry, drivers remain in control and `at the wheel' in Nissan models equipped with Autonomous Drive functions.
Image from...fullcarsreview.com
SUVs and crossover vehicles have overtaken sedans as the most popular vehicle body style in the U.S., according to a study from IHS Automotive.

SUVs and crossovers now account for 36.5 percent of the new vehicle market versus 35.4 percent for sedans, according to IHS' analysis of new vehicle retail registrations. 

Consumers appreciate the SUVs' higher seating position, higher ground clearance, more interior space and towing capacity, the study said.  So are we sacrificing fuel efficiency for comfort?

When Chevrolet's Colorado and Canyon mid-sized pickups hit showrooms this fall, Chevy and GMC will have churned out new generations of every pickup and SUV in their lineups in about 15 months.

Next, Chevrolet's focus turns to cars.

Chevy is planning launches next year for three key car redesigns: the Cruze compact, General Motors' top-selling car globally; the Volt plug-in hybrid, a high-profile launch as GM tries to fend off growing competition in electrified powertrains; and the next-generation Camaro sports car, which should arrive about one year after the launch of the redesigned Ford Mustang.

The national average has declined for over a month straight- a streak many motorists likely doubted when we first posted about this likelihood several weeks ago. This morning, the U.S. average stands at $3.509/gal, and will likely drop under $3.50/gal in the next 48 hours. 
The most common price found across the nation today according to GasBuddy.com data is $3.399/gal, down from $3.499/gal a week ago, and down from $3.599/gal a month ago. 
Today, just 3.8% of stations nationally stand over $4/gal, down from 4.1% yesterday, and down from 5.5% last week. Just a month ago, 8.8% of gas stations in the U.S. were over $4/gal.

The fuel-efficient 2015 Mirage 5-door sub-compact by Mitsubishi has been named "the most affordable vehicle shoppers can buy" by Cars.com. The venerable online automotive resource took into account minimum feature requirements—Bluetooth® capability, USB port, power windows and door locks—as well as destination fees and anticipated five-year fuel costs to calculate the most affordable vehicle to buy and own.

The 2015 Mitsubishi Mirage DE, featuring the CVT transmission and Bluetooth®  capability, was named Cars.com's most affordable vehicle coming in at $15,115 – a significant savings of more than $1,300 over the second-place vehicle. Taking in to account the cost of ownership, Cars.com also calculated anticipated fuel costs for five years. The Mitsubishi Mirage, with a combined fuel economy of 40 mpg, was again the most affordable vehicle option with anticipated fuel costs of $7,000 for five years—$500 less than the second-place vehicle.

Image From ..beaumontenterprise.com
ExxonMobil is weighing a possible multi-billion dollar expansion of its 344,000 barrel per day Beaumont, Tex. refinery that could make it the largest in the U.S. by 2020, Reuters reports.

The potential expansion to 700K-800K bbl/day in total refinery capacity at Beaumont, which would surpass Motiva's 600K-plus bbl/day Port Arthur refinery.

Exxon Mobil is focusing on the possible addition of a third crude distillation unit at the refinery, and its size would determine how much capacity would increase; the plans also would include replacing four coking unit drums and adding two new coker drums. The drums turn residual crude oil into petroleum coke, a coal substitute.

Do you ever wonder why the price at your nearest gas station changes from day to day? 
With summer season in full swing, people across the U.S. are packing up their cars and taking off for vacations, contending with fluctuating fuel prices at gas pumps along the way. In fact, U.S. travelers just paid the highest Fourth of July weekend gas prices since 2008. But what goes into determining the price of gasoline? Who makes those decisions, and when do they get passed on to you, the driver? To understand, you need to consider the whole story.

It's no secret that one of the obstacles automakers must overcome to sell hybrids is the apprehension consumers have about driving range and how far they'll be able to go before refueling...

Now Toyota is bragging that its Prius plug-in hybrid hit the equivalent of 581 miles per gallon on Germany’s famous Nürburgring Grand Prix-style race track, known as the “The Green Hell” for its challenging curves and steep climbs in the forests 75 miles northwest of Frankfurt. 

Adding a teenage driver to a married couple's car insurance policy leads to a 79% higher average annual premium, according to a new insuranceQuotes.com report. Teenage males (+92%) are much more expensive to insure than teenage females (+67%). The good news is that the premium increases decline each year, from 96% for 16-year-olds to 58% for 19-year-olds.

The most expensive state to insure a teenage driver is New Hampshire, where the average premium spikes by 111%. The Granite State is one of seven states where premiums more than double after adding a teen driver to the policy. The others are Rhode Island (+107%), Maine (+107%), Wyoming (+106%), Connecticut (+102%), Illinois (+101%) and Oregon (+101%).

To the 48% of consumers who think that hydrogen fuel cell vehicles are at least a decade away, the auto industry is saying, “Welcome to the year 2024!”

In May, Hyundai Motor Co. began leasing a fuel-cell version of its Tucson sport-utility vehicle in California — the first mass- produced fuel cell vehicle to be sold in the United States. Other automakers plan to introduce their vehicles beginning next year.

To support the sale — or leasing — of these new vehicles, the California Energy Commission announced in May that it is investing $46.6 million to help develop the hydrogen fueling infrastructure in the state.  This latest investment will add 28 stations to the nine in operation and 17 under development in the state, according to USA Today.

Yet another Gulf Coast oil play may have the potential to yield millions of barrels of high quality crude oil… but don’t look for it in Alabama. 

The Tuscaloosa Marine Shale holds an estimated 7 to 9 million barrels of light sweet crude spanning across a large slice of mid-Louisiana and extends into counties in southwest Mississippi.  LSU research says the TMS is deposited in a marine environment that existed across the Gulf Coast region approximately 90 million years ago. So why is it blossoming now?

The Energy Information Administration released its weekly report on the status of petroleum inventories in the United States today. 

Here are some highlights:

CRUDE INVENTORIES:
Crude oil inventories decreased by 4.0 million barrels to a total of 371.1 million barrels. At 371.1 million barrels, inventories are 6.9 million barrels above last year (1.9%) and are in the upper half of the average range for this time of year.

GASOLINE INVENTORIES:
Gasoline inventories increased by 3.4 million barrels to 217.9 million barrels. At 217.9 million barrels, inventories are down 4.8 million barrels, or 2.2% lower than one year ago. Here's how individual regions and their gasoline inventory fared last week: East Coast (-0.4mb); Midwest (+0.1mb); Gulf Coast (+2.6mb); Rockies (N/C); and West Coast (+0.9mb). It is important to note which regions saw increases/decreases as this information likely drives prices up (in the case of falling inventories), or down (in the case of rising inventories).

DISTILLATE (diesel, heating oil) INVENTORIES:
Distillate inventories increased by 1.6 million barrels to a total of 125.9 million barrels. At 125.9 million barrels, inventories are now down 0.5 million barrels, or 0.4% lower vs. a year ago.
The Chicago Tribune has announced a shocking finding: the City of Chicago has hit thousands of motorists with $100 red light fines that city officials themselves can't even explain. 
Results of the Tribune's investigation are indeed damning. According to the 10-month Tribune investigation, there appear to be more than 13,000 questionable tickets at 12 different intersections across the city. These 12 intersections experienced significant spikes in tickets, but even dozens more intersections also saw similar patterns.

“Something is terribly amiss here,” said Joseph Schofer, an associate dean at Northwestern University's McCormick School of Engineering and Applied Science who reviewed the Tribune's research.

"Consumers working together to save on gas"