Remove 2001 Remove Cost Of Remove Global Remove Oil
article thumbnail

The Next Oil Price Spike May Cripple The Industry

Green Car Congress

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

article thumbnail

Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. per barrel oil in 2015 and 2016 respectively, while the October projections are based $51.62 by Dalan McEndree for Oilprice.com. — Mad Max: Beyond Thunderdome. and $65.65 respectively.

Russia 150
article thumbnail

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. Tesla Motors will have a bumpy year. More than 2.2 More than 1.9

2014 346
article thumbnail

UNEP, IEA, ITF and FIA Foundation to Launch Global Fuel Economy Initiative (GFEI)

Green Car Congress

A partnership of the UN Environment Programme (UNEP), the International Energy Agency (IEA), the International Transport Forum (ITF) and FIA Foundation is launching the Global Fuel Economy Initiative (GFEI) at the upcoming Geneva motor show. The global vehicle parc is predicted to triple by 2050.

article thumbnail

Study shows bamboo ethanol in China technically and economically feasible, cost-competitive with gasoline

Green Car Congress

In 2011, China contributed 29% of world carbon dioxide emissions and therefore the country has a significant potential to influence the present and future global energy situation. In its development of biofuel policy, China’s 10 th five-year plan (2001–2005) proposed a biofuel industry to utilize surplus grain stocks.

Gasoline 351
article thumbnail

California Governor announces $120M settlement with NRG will fund electric car charging stations across California; new Executive Order to accelerate commercialization of ZEVs

Green Car Congress

stemming from claims reaching back to Dynegy and the California energy crisis in 2000 and 2001) that will mostly be applied to fund the construction of a statewide network of plug-in vehicle charging stations, including at least 200 public fast-charging stations and another 10,000 plug-in units at 1,000 locations across the state. Settlement.

article thumbnail

War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

Russia is the world’s second largest producer of crude oil, behind the United States and ahead of Saudi Arabia, and its second largest exporter, behind Saudi Arabia. On 28 February, British Petroleum announced it would divest itself of its nearly 20 percent share of Rosneft , Russia’s state oil company.

Ukraine 118