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IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

Green Car Congress

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

Vehicle penetration 2000 to 2040. China will see the largest increase—more than 4 million oil-equivalent barrels per day. The outlook projects that oil and natural gas will continue to meet about 60% of energy needs by 2040. In 2010, about 75% of the world’s vehicles were in OECD countries. Source: ExxonMobil. Natural gas.

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VW introducing 1.8L EA888 Gen 3 engine in 2014 Jetta, Passat and Beetle; driving impressions

Green Car Congress

The A4 of model year 2000 with a 1.8 Other features include a new, lighter turbocharger/cylinder head assembly; the use of lightweight polymers for the oil pan, and use of aluminum for various screws and fasteners. SE with six-speed automatic over a short course featuring winding roads and some hill climbing. We drove a 1.8T

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

GM killed that car because of back room deals with oil companies, and now they expect us to believe that they are just so cutting edge now? GM killed that car because of back room deals with oil companies" GM "killed" that experiment because it wasnt even CLOSE to being cost effective. It is 12 years later. GM would only lease them.

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