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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

Venezuela, an OPEC member, has even proposed an emergency summit meeting. The Association of European Businesses in Russia recently announced that sales of new cars and light commercial vehicles contracted 29 percent in August year-over-year and forecast a 37 percent decline for all of 2015. Article Source: [link].

Russia 150
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US Lifted The Crude Oil Export Ban, And Exports Went Down

Green Car Congress

crude oil is Venezuela. In early February, Venezuela’s state-run oil company PDVSA imported a 550,000-barrel cargo of West Texas Intermediate (WTI) through its U.S.-based Venezuela started importing foreign crudes in 2014 amid a fall in its own production—buying mostly Angolan and Nigerian light grades.

Oil 150
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Are The Saudis About To Reveal The Best Kept Secret In Oil?

Green Car Congress

The decision to bring such important data to light comes as Saudi Aramco is preparing to partially privatize its assets, an IPO that could bring in some $100 billion. Link to original article: [link]. Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for decades.

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How to Prevent Blackouts by Packetizing the Power Grid

Cars That Think

Similar mismatches in supply and demand contributed to massive cascading blackouts in August 2003 in the northeastern United States and Canada, in July 2012 in India , and in March 2019 in Venezuela. This article appears in the February 2022 print issue as “Packetizing the Power Grid.”. To Probe Further. 2, March 2014.

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Increase in US rig count will not cap oil prices

Green Car Congress

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Link to original article: [link]. by David Yager for Oilprice.com. So this avenue to escape the war didn’t work for the book’s main character John Yossarian.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

Throughout this article, we’ll refer to ICEVs and EVs; here’s a quick breakdown explaining the difference between the two. Here’s what we discovered. WHAT EV MYTHS HAVE WE COVERED? Useful terms: Internal Combustion Engine Vehicle (ICEV) and Electric Vehicle (EV). Petrol and diesel vehicles both use internal combustion engines (ICEs).

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

Throughout this article, we’ll refer to ICEVs and EVs – here’s a quick breakdown explaining the difference between the two. Here’s what we discovered. WHAT EV MYTHS HAVE WE COVERED? Useful terms: Internal Combustion Engine Vehicle (ICEV) and Electric Vehicle (EV). Petrol and diesel vehicles both use internal combustion engines (ICEs).