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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Green Car Congress

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil.

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IEA: global energy efficiency progress drops to slowest rate since start of decade

Green Car Congress

Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing, according to a new report by the International Energy Agency. improvement in 2017 and marked the third year in a row the rate has declined. Global primary energy demand rose by 2.3%

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Norweign Drivers switch to Electric Cars

EV Report

Above – Electric Car at Norway. There has been a steady increase in electric and hybrid cars over the last decade in the US but still only 2 percent account for new car sales in the US. Americans still love their air-polluting and smog-producing gas guzzlers. But this was removed in 1990 for electric vehicles.

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IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. In the New Policies Scenario, the WEO ’s central scenario, the United States becomes a net exporter of natural gas by 2020 and is almost self-sufficient in energy, in net terms, by 2035.

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