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Auto News For Tuesday, May 19, 2015 – VP Says Corvettes Are Better Than Porsches

2016 Cadillac ATS-V

Here are the six must-read, must-watch auto news stories, reviews, and videos for Tuesday, May 19, 2015. Your normal news editor, Steffani Cain, is off today, as GCBC Towers has bizarrely taken on the role of fostering puppies.

INSIDE THE AUTO BUSINESS
In mid-2016, Porsche will be selling Boxsters and Caymans with four-cylinder engines in North America. No, these aren’t the inline-fours from your Corolla; they’re boxer four-cylinders from Porsche. Flat-fours. Horizontally-opposed. They’ll probably make a great noise.

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Oil Crisis Monitor
Updated: Sep 15, 2026 — 4:40 AM MT
Strait of Hormuz
198
Days
Day 198 — Iran's Persian Gulf Strait Authority published an updated list of 77 vessels it accuses of violating its Strait of Hormuz protocols, saying listed ships face fines, detention or confiscation and warning insurers, P&I clubs and classification societies against serving them (Iran International and Insurance Journal, Sep 14; Middle East Monitor, Sep 15). US Central Command said an IRGC claim that a supertanker struck mines in the strait was false; neither account is independently confirmed. Houthi forces said they struck the Khamis Mushait air base in southern Saudi Arabia. Saudi Arabia's East-West pipeline entered a fifth day shut. AAA's national diesel average set a 12th consecutive record at $6.2694/gal and California diesel set a fresh state record at $8.2124/gal.
Day 198: Iran's Persian Gulf Strait Authority blacklisted 77 vessels and warned insurers off them; US diesel set a 12th straight record at $6.2694/gal.
Brent Crude
+46.9% since closure
$107.47
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Today: +$1.79 (+1.7%)
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+44.3% since closure
$4.33
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Today: +$0.01 (+0.3%)
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+50.2% since closure
$103.65
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Today: +$2.26 (+2.2%)
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