article thumbnail

3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

Green Car Congress

According to a separate report from SAFE, a Washington-based think tank, the oil industry has cut somewhere around $225 billion in capex in 2015 and 2016, which will lead to global supplies 4 million barrels per day lower in 2018-2020, compared to what market analysts expected as of 2014.

Oil 150
article thumbnail

Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

During his campaign, President Obama said he would work to put one million plug-in hybrids on American roads by 2015. Bob Lutz’s Latest Volt Test Drive Sprinting for Green Stimulus Dollars New Subsidies for Electric Cars in Britain Electric Car Makers: Oregon Wants You G.M. Follow the money.

Volt 42