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New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels

Green Car Congress

EIA commissioned Advanced Resources International, Inc. Algeria, Argentina, and Mexico), providing significantly more data for the 2013 study, EIA said. The United States would be ranked second after Russia for shale oil resources and fourth after Algeria for shale gas resources if compared with the 41 countries assessed.

Oil 281
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GM Creates New South America Regional Organization

Green Car Congress

GM South America includes GM’s existing sales and manufacturing operations in Brazil, Argentina, Colombia, Ecuador and Venezuela as well as sales activities in those countries and Bolivia, Chile, Paraguay, Peru and Uruguay. The GM International Operations team is doing a great job expanding our global presence.

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Study reports non-US global shale gas recoverable resources of 5,760 Tcf; global shale gas boosts total recoverable natural gas resources by 40%

Green Car Congress

A new EIA-sponsored study by Advanced Resources International, Inc. These include Russia and the Middle East, which have very large resources of conventional gas. In addition to the United States, this group includes Canada, Mexico, China, Australia, Libya, Algeria, Argentina, and Brazil. Background. A hat-tip to John!

Gas 210
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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210
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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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The Organization for Economic Cooperation and Development (OECD) and the IEA have found that eliminating fossil fuel subsidies by 2020 would reduce global greenhouse gas emissions in 2050 by ten percent. We ask the international financial institutions to offer support to countries in this process. G20 Leaders’ Statement.

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Ford unveils new 2015 Focus four-door sedan; 1.0L EcoBoost with start/stop comes to US model

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Ford unveiled the new Ford Focus four-door sedan prior to its debut at the 2014 New York International Auto Show next week. Since its launch in 1998, the Focus nameplate has sold more than 12 million vehicles globally. China now is responsible for just more than one out of three Focus vehicles sold globally, based on Polk data.

2015 236
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GM global sales up 7.6% in 2011 to 9.026M vehicles; China and US largest markets

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global sales rose to more than 9 million vehicles in 2011, a 7.6% of the global vehicle industry. Sales were up in all four reporting regions—North America, South America, Europe and International Operations—as GM sold a total of 9,025,942 vehicles compared with 8,385,484 in 2010. International Operations.

2011 218