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IEA says oil supplies may not keep up with demand

Green Car Congress

In its latest annual World Energy Outlook , the International Energy Agency (IEA) warned that the current period of oil abundance may be fleeting, and in fact, without heroic levels of production increases, oil markets will grow dangerously tight in the coming years. Instead, much of the world’s hopes are pinned disproportionately on Iraq.

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Opinion: Who Will Be Left Standing At The End Of The Oil War?

Green Car Congress

Production cost and breakeven figures that analysts enjoy bandying can trap you in bubble of black-and-white mathematics that is a few brush-strokes shy of a full picture. Saudi Arabia and Kuwait enjoy some of the lowest production costs in the world, at about $10 and $8.50, respectively, according to Rystad Energy data.

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Opinion: Stop Blaming OPEC For Low Prices

Green Car Congress

OPEC altered the course of the oil markets last year when it decided to cast aside its traditional role of maintaining balance through production cuts. After all, the group has historically coordinated its production levels in an effort to control prices, or at least influence them.

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Junkyard Find: 1992 Geo Metro 4-door hatchback

The Truth About Cars

If we're talking about realistic Metro competitors here, the base 1992 Ford Festiva actually managed to undercut the price tag on the cheapest possible Metro two-door hatchback that year: $6,911 versus $6,999. The wretched 1992 Hyundai Excel base two-door was even cheaper, at $6,595 ($15,879 in today's spondoolies ).

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Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

Green Car Congress

Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia. In 2009, Geely bought the Australian transmission manufacturer Drivetrain Systems International (DSI) and then in 2010 Geely purchased Volvo Car Corporation from Ford.

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Opinion: The Current Oil Price Rally Is Reaching Its Limits

Green Car Congress

But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prospect of new shale production caps any potential price increase. US oil production has steadily lost ground over the past two quarters, with production falling more than a half million barrels per day since hitting a peak at nearly 9.7

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

insulating or rebuilding Europe’s rickety housing stock could cut heating bills from 30 to 80 per cent, which would slash demand for their product. We have no known Lithium deposits that could sustain domestic battery production. Much of the technology needed is still a distant dream ? but not all of it. Oil is the alternative.

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