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. The price acts as a self-correcting mechanism.

Oil 150
article thumbnail

Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

Green Car Congress

Global energy intensity—defined as total energy consumption divided by gross world product—increased 1.35% in 2010, the second year of increases in the context of a broader trend of decline over the last 30 years, according to a new Vital Signs Online article from the Worldwatch Institute.

2010 246
article thumbnail

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

The Three Prongs of the “Green&# Energy Stimulus Pa. Clean Fleet Article It would be a financial win-win for all. John Addison publishes the Clean Fleet Report with archives of over 60 articles and reports about electric vehicles, V2G, biofuels, fleet success and more. 2) Chevy Volt (2) China (2) ECOD3.SA SZ (1) 6753.T

Grid 28
article thumbnail

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

In this article, we will review the facts and explain our thoughts on where we believe EVs are headed. Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel.

Economy 52