Women's rights continue to grow in Saudi Arabia.
If you haven't noticed, it has been a little cheaper to fill up at the gas station for the last few weeks. According to the US Energy Information Administration, the current national average cost for a gallon of gasoline is $3.299. That's down about a nickel from the previous week and around seven cents lower than this time last year. It doesn't look like this is just a temporary blip either because there's a strong possibility that Saudi Arabia may compel OPEC for lower oil prices for the near
When it comes to global oil production, Saudi Arabia is one of the absolute leaders, producing nearly 10 million barrels of crude every day. That means it can offer its citizens gas prices of about 45 cents per gallon. Despite this remarkably low price, though, the controversial, monarchical Middle Eastern country has just announced a series of reforms for the auto industry that will see American/European/Chinese-style fleet fuel efficiency standards come into effect.
The ongoing battle between ethanol supporters and Big Oil is headed to Saudi Arabia. Two biofuel supporters, Americans United For Change (AUFC) and VoteVets.org, released a new video today targeting "The Kingdom" for its support of the American Petroleum Institute (API). More interesting, the AUFC and VoteVets say that the API's anti-ethanol "smear campaign" TV ads are funded by Saudi Oil Money. In other words, the gloves are coming off.
The Empty Quarter of the Arabian peninsula is one of the harshest terrains on the planet. It's the second largest desert in the world, with temperatures regularly exceeding 122 degrees Fahrenheit. And that's just the landscape which Land Rover has conquered with the new Range Rover Sport.
The Middle East is one of the fastest-growing markets for Land Rover, so it makes sense that the automaker is looking to set up shop in the region. According to Automotive News, Jaguar Land Rover is in talks with the people of Saudi Arabia to build a factory in the country at an expected initial cost of $1.2 billion. Still in the early stage of talks, the proposed facility could start up by 2017 using locally sourced materials such as steel and aluminum.
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models