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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. This increase in output occurs with the context of a narrow global demand opportunity.

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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. Expanding established propulsion systems into a volume manufacturing environment. Electric Transportation Engineering Corp. DOE Award ($mil.). Project locations.

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