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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. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

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

Drive Electric

In comparison, EV engines run on lithium batteries. The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. Battery metals vs. oil as a source of tension and instability. For this reason, the location where the EV’s battery is manufactured is significant.

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

Drive Electric

In comparison, EV engines run on lithium batteries. The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. Battery metals vs. oil as a source of tension and instability. For this reason, the location where the EV’s battery is manufactured is significant.