Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

AUGUST 30, 2009

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.

Transportation 317

Transportation Fuel Renewable Gasoline-Electric 317

Get Electric Vehicle

MAY 30, 2021

On the other hand, the gasoline-powered vehicles were also in trouble because of the trail of exhaust gas, the gear shifting, and the cranking required to start the engine. Newly found reservoirs of petroleum and crude oil decreased the oil price. The Great Fall. Model T was cheaper and had more range.

Li-ion 52

Li-ion Lithium Ion Industrial Industry 52