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Higher gas prices? Blame ethanol

MarketWatch reported today that the price of ethanol has seen a 30-percent price increase so far this year, taking the price of gasoline up with it, since a good majority of "gasoline" sold today is around 10 percent ethanol. The average price of a gallon of gas today is $2.30, according to FactSet data, but this has varied since the beginning of 2014. Despite the recent surge, ethanol prices have also proved to be rather volatile with reports of it dropping 8 percent this past Thursday after falling 10 percent just the day before.

New Ford Technical Support Center focused on motorsports

Ford is opening a new technical and racing support center in Concord, N.C. The compound will be fully operational this summer, supporting racing teams as they develop and test their cars. The 33,000-square-foot building will eventually help in development of future Ford performance vehicles.

Art Center Summit - Designing Sustainable Mobility

Shrinking oil reserves, global warming, failed political administration policies, the car as an avatar, industrial humanism and the motorized shoe were just a few of the topics and ideas discussed at the Art Center College of Design 'Designing Sustainable Mobility' conference, held in California in February. For the designers in the room, a bright light was shone from BMW's Chris Bangle. A lively speaker with an optimistic speech giving us terms like "Industrial Humanism" and "design with meaning".