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Oil Prices Running Out Of Reasons To Rally

Green Car Congress

Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in US shale production. Aside from a single week in October, the US oil industry has deployed more rigs in every week dating back to June, a remarkable run that has resulted in more than 200 fresh rigs drilling for oil.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Annual use of an EV should be less than the average cost of $8,000 per year for using a gasoline in many countries including the USA. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. Shai Agassi predicts that Israel will have over 100,000 electric vehicles in use by 2010. SZ (1) 6753.T

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

This growth is no small feat considering overall car sales have been falling in the past two years. Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. Why some analysts expect EV sales to drop.

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