article thumbnail

The 5 Countries That Could Push Oil Prices Up

Green Car Congress

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. The most near-term supply risk comes from Iraq. Iran probably won’t pose a supply risk to the market, at least not this year. by Nick Cunningham for Oilprice.com. bank Citi said.

article thumbnail

Africa’s Electricity-Access Problem Is Worse Than You Think

Cars That Think

Similarly, having a distribution line (often illegally rigged) running to a dwelling tells us nothing about the usage of power or the reliability of its supply. Global electrification has risen steadily since World War II, reaching 73 percent in 2000 and 90 percent in 2019 (the pandemic year of 2020 was the.

article thumbnail

The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

Green Car Congress

Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil supplies is “ increasingly worrying ”, due to a loss of $1 trillion ($1,000 billion) in investments last year. Amin Nasser’s aim is to go beyond global oil markets.

Oil 186
article thumbnail

Water Levels Dropping in Some of the Worlds Major Rivers

Green Car Congress

Rivers in some of the world’s most populous regions are losing water, according to a comprehensive study of global stream flows. suggests that the reduced flows in many cases are associated with climate change, and could potentially threaten future supplies of food and water.

Water 150
article thumbnail

This Lockheed Martin Researcher’s Work on UAVs Saves Lives

Cars That Think

It is often better to fly in lifesaving supplies instead of loading trucks with supplies to bring them along roads that might not be passable anymore,” Fregene says. As part of the job, in Oghara, Nigeria, then a small fishing village along the Niger River, he collected fares and directed passengers on and off the bus.

Nigeria 94