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Not So Prolific: US Shale Faces A Reality Check

Green Car Congress

The collapse of oil prices has forced the US shale industry to slash production costs. In other words, about three-quarters of the cost reductions have come from trends that will not ultimately improve the overall recovery of oil. Even if production is to continue to rise, it will require steadily higher crude oil prices.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Millions will plug-in their electric vehicles (EV), plug-in hybrids (PHEV) and fuel cell vehicles (FCV) at night when electricity is cheap, then plug-in during the day when energy is expensive and sell those extra electrons at a profit. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. Email Neal.

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The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

Around the six Gulf states, together with oil majors Saudi Arabia and the United Arab Emirates, electrical vehicles account for simply 0.4% That’s made the region a welcoming investment prospect and could help Chinese companies more easily access potential new funds and even skirt tightening import regulations in Western markets.