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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

That means consumers are not reaping the benefits of cheap fuel. The Vaca Muerta has attracted companies from around the world, including ExxonMobil, Chevron, Royal Dutch Shell and Gazprom. The company spent only $4 billion in 2015, down from the original $6 billion it had planned on spending. per million Btu (MMBtu).

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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

Green Car Congress

During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap. New cars in 2015 get 25 mpg.) Silicon based PV, on the other hand, is hugely scalable and relatively cheap. Click to enlarge.

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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

So imagine a million electric cars on US roads which all need to change these batteries in say 2015. Furthermore, changing the battery pack on say a Toyota Prius often costs a fortune, at least in most European countries, so such cars better be VERY cheap, but they’re not.

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