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Shell To Close 1,000 Gas Stations: Here's Why, Company Says Shell To Close 1,000 Gas Stations: Here's Why, Company Says
Shell To Close 1,000 Gas Stations: Here's Why, Company Says One of the nation's major oil companies says it will close 1,000 gas stations. Shell made the announcement in its 2024 Energy Transition Strategy report, saying the measure is “in response to customer needs” and aimed at reallocating those resources towards EV charging stations. Shell said it will close 500 stations in 2024 and the other 500 in 2025. "We believe growth in oil demand is set to slow in the second half of this decade and could start falling in the 2030s because of increasing vehicle efficiency and growth in electric vehicles," the company stated in the report. "Toda…

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by Joe Lombardi
News
All New Cars Must Be Electric Come 2035 In New Jersey: Murphy All New Cars Must Be Electric Come 2035 In New Jersey: Murphy
All New Cars Must Be Electric Come 2035 In New Jersey: Murphy New cars in New Jersey will look a little different in 2035. Gov. Phil Murphy announced that by 2035 all new vehicle sales in New Jersey will be zero-emission vehicles (ZEV), with the transition beginning in 2027. Advanced Clean Cars II, which takes effect on Dec. 18, requires manufacturers of passenger cars and light-duty trucks to meet an annual ZEV requirement intended to increase the percentage of electric vehicles sold in the state. The filing also mandates traditional gasoline and diesel vehicles meet more stringent emission standards.  With the new rule, vehicle manufacturers …

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by Sam Barron