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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Energy is the foundation of Russia, its economy, its government, and its political system. According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 billion respectively).

Russia 150
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

Venezuela, an OPEC member, has even proposed an emergency summit meeting. This apparent bravado notwithstanding, the two countries’ entry into the low-price Crudedome is ravaging their economies. Breaking the peg would devastate the Saudi economy. IMF WEO Data: Recessions as far as the Eyes can See. percent growth in Q1.

Russia 150
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Are The Saudis About To Reveal The Best Kept Secret In Oil?

Green Car Congress

But while everyone believes Saudi Arabia has some of the largest oil reserves in the world, perhaps rivaled only by Venezuela, there has been a lot of uncertainty and skepticism over exactly how much sits beneath the Saudi desert. Link to original article: [link]. The oil world’s biggest secret could soon be publicly released.

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Strong Dollar Could Cap Oil Prices

Green Car Congress

Because China is a voracious consumer of commodities, including crude oil, the compounding effect of a slowdown in the Chinese economy and a weaker yuan creates new headwinds for the oil market. The oil supply outages in Venezuela, Libya and Iran could yet drive oil prices much higher. Link to original article: [link].

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

Drive Electric

Throughout this article, we’ll refer to ICEVs and EVs; here’s a quick breakdown explaining the difference between the two. Here’s what we discovered. WHAT EV MYTHS HAVE WE COVERED? Useful terms: Internal Combustion Engine Vehicle (ICEV) and Electric Vehicle (EV). Petrol and diesel vehicles both use internal combustion engines (ICEs).

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

Drive Electric

Throughout this article, we’ll refer to ICEVs and EVs – here’s a quick breakdown explaining the difference between the two. Here’s what we discovered. WHAT EV MYTHS HAVE WE COVERED? Useful terms: Internal Combustion Engine Vehicle (ICEV) and Electric Vehicle (EV). Petrol and diesel vehicles both use internal combustion engines (ICEs).