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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

Green Car Congress

Chokepoints are narrow channels along widely used global sea routes, some so narrow that restrictions are placed on the size of vessel that can navigate through them. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million-bbl/d Tapline to Lebanon.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Holland, MI Lebanon, OR (Entek). Construction of US manufacturing capabilities to produce the second-generation GM global rear-wheel electric drive system. Develop and deploy up to 100 electric vehicles, such as “Ampere” (Ford Transit Connect EV), “Faraday” (Ford F150 EV conversions), Step Vans, and “Newton” medium-duty trucks.

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