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Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

Green Car Congress

This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. The reason is that, in the United States, oil is used to generate less than 1% of electricity.

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Citroën ë-Berlingo Van now available to order

Green Car Congress

The Citroën ë-Berlingo Van is now available to order. The ë-Berlingo Van range, available from €30,500 excluding VAT, comes in 2 body shapes (size M 4.40m and size XL 4.75m) and 5 versions including a size XL crew cab. ë-Berlingo Van is available in 5 versions defined according to use.

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EPA proposes new rulemaking for sharp cuts in methane emissions from oil and gas industry

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The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Source: EPA. billion a year.

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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.

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Mercedes-Benz Trucks launching 3rd generation of OM 471 heavy-duty diesel

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Reduced friction losses and pressure control with low-viscosity oil. For this purpose, the third-generation OM 471 has a newly developed engine oil pressure control valve. It is installed behind the engine oil pump and in front of the oil thermostat. Another highlight is the extended Top Torque range.

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US DOI finalizes plan for oil shale and oil sands research, demonstration and development

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Secretary of the Interior Ken Salazar last week announced the Department of the Interior’s final plan for encouraging research, development and demonstration (RD&D) of oil shale and oil sands resources on Bureau of Land Management (BLM) lands in Colorado, Utah and Wyoming. Earlier post.).

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IHS Markit: US oil production growth heading for a major slowdown, as capital discipline and weak prices play out

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US shale production—the chief source of rapid growth that made the United States the world’s largest oil producer—is slowing down fast, says a new report by IHS Markit. Investors are imposing capital discipline on E&P’s by pushing down equity prices and pushing up the cost of capital on debt markets. —Raoul LeBlanc.

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