Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

Nigeria or Algeria cannot do the same for their oil industry. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas.

2019 184

Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

Cheap oil has created a huge financial crisis for Venezuela as its economy is heavily dependent on oil exports and oil revenues constitute about 95% of its total foreign exchange earnings. One faction that is being led by Saudi Arabia wants to maintain and even increase its production levels while the other faction consisting of Venezuela, Nigeria, Iran, Iraq and Algeria requires just the opposite for safeguarding their national interests. by Gaurav Agnihotri for Oilprice.com.

2015 185

Global Gas Prices | Hybrid Sales

Hybrid SUV Blog

In a 2009 CNNMoney.com interview, AutoNation CEO, Mike Jackson voiced his opinion that gasoline is too cheap and that the United States government should consider a gas tax to make sure the price does not fall below roughly $3.50 Algeria. sales of hybrid SUVs and other fuel efficient vehicles will prove interesting to watch this year, especially if fuel prices remain relatively low. Expert predictions about where oil and gas prices are headed vary widely.

2010 78