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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Green Car Congress

Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09 per gallon, EV penetration in the US could reach 6% of the light-duty vehicle fleet by 2020, whereas with gasoline at $3.34, the EV share could be 9%. Saudi Arabia burns up to 900,000 barrels of oil per day to generate over 50% of its electricity.

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PHEV's and Water Consumption

Plug In Partners

Water Supply, Researcher Says By Jennifer Bogo Popular Mechanics March 7, 2008 "A 30-mile commute in a gasoline-powered car would require the withdrawal of 18.9 All told, electric miles necessitate threefold the water consumption and 17 times the water withdrawal of gasoline miles. And what about the water used to refine gasoline?

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Energizing America

Plug In Partners

As a practical matter that means enriching with wealth transfers those who are the principal financiers of Islamofascist terror — notably, Saudi Arabia and Iran. Yet, our transportation sector remains reliant upon oil — sixty percent of it imported — for the gasoline and diesel fuel on which it runs almost exclusively.

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Behind the Wheel, Under the Hood of World’s First 500-Mile EV

Cars That Think

billion in new investment cash, and 65-percent owned by Saudi Arabia's Public Investment Fund, saw its stock surge up to 47 percent on news of the first deliveries. The result is class-best mileage of 131 mpge, or the electric equivalent of one gallon of gasoline. The now-public company, flush with $4.5

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Opinion: Blaming Rising Fuel Prices on High Temps is Dumb

The Truth About Cars

Meanwhile, increased temperatures lead to increased air conditioning use that draws more energy from the grid — 60 percent of which is powered by fossil fuels inside the U.S.& In July, for example, Saudi Arabia starting reducing how much oil it sends to the global economy by 1 million barrels each day. Today’s U.S.

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