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The Saudi Dilemma: To Cut Or Not To Cut

Green Car Congress

million barrels daily, including from Russia, to reverse the free fall of oil prices. A recent report from Capital Economics said Saudi Arabia has its problems but it could withstand lower oil prices without feeling too much of a pinch. Saudi Arabia cannot afford another slump in oil prices,” he warns. “It Kemp agrees.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

The total global reserves are estimated at 14 million tons – which corresponds to 165 times the production volume in 2018. The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. Battery metals vs. oil as a source of tension and instability. THE BOTTOM LINE.

article thumbnail

EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

The total global reserves are estimated at 14 million tons – which corresponds to 165 times the production volume in 2018. The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. Battery metals vs. oil as a source of tension and instability. THE BOTTOM LINE.