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The “Amazon Effect” Is Coming To Oil Markets

Green Car Congress

While OPEC mulls over further steps to once again support falling oil prices, tech startups are quietly ushering in a new era in oil and gas: the era of the digital oil field. These are cheap computing with industrial-application capabilities; ubiquitous communication networks; and, of course, cloud tech.

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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices.

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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

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Not So Prolific: US Shale Faces A Reality Check

Green Car Congress

The collapse of oil prices has forced the US shale industry to slash production costs. Even if production is to continue to rise, it will require steadily higher crude oil prices. We are producing cheap oil today, leaving costly oil for tomorrow. Link to original article: [link].

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Millions will plug-in their electric vehicles (EV), plug-in hybrids (PHEV) and fuel cell vehicles (FCV) at night when electricity is cheap, then plug-in during the day when energy is expensive and sell those extra electrons at a profit. Clean Fleet Article It would be a financial win-win for all. Remember its PURE D.C. SZ (1) 6753.T

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