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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change.

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Increase in US rig count will not cap oil prices

Green Car Congress

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

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Electric cars to account for 64 per cent of car sales by 2030

Green Cars News

The study predicts that electric vehicles with this type of pricing will account for 64 per cent of light vehicle sales and comprise 24 per cent of the U.S. This level of adoption is made possible by the lower purchase price and reduced per-mile driving cost of electric cars with switchable batteries as compared to gasoline-powered cars.

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Are The Saudis About To Reveal The Best Kept Secret In Oil?

Green Car Congress

That is because of two reasons—the size of its reserves, and the ability to use latent spare capacity to quickly adjust supply, affording it an outsized influence on crude oil prices. However, the collapse of oil prices since 2014 has pushed the Saudi budget deep into the red.