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Oil Well Strippers Suffering From Low Oil Prices

Green Car Congress

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. And that is going to severely hurt an all but invisible group; strippers in the United States. Article Source: [link].

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The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

International oil companies (IOCs) are likely to face a Black Swan scenario, which could end up being a boon for state-owned oil companies (NOCs). Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies.

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Oil Majors’ Costs Have Risen 66% Since 2011

Green Car Congress

The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. The collapse of oil prices forced the majors to slash spending on exploration, cut employees, defer projects, and look for efficiencies. Link to original article: [link].

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Hawaii opts for EVs and renewable energy

Revenge of the Electric Car

And as a timely follow up to my story above, read yesterday’s NY Times article on Hawaii’s plan for Electric Cars after the jump. Here is the full text of the NY Times article (in case the link goes bad). Mr. Agassi has raised $200 million in private financing for his idea. URL: [link].

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

People-Oriented Development Current Status of REDD Financing the Fifth Fuel Peak Phosphorus - Commence Urine Recyling on Space. Current consortium members include Accenture, Current Group, Schweitzer Engineering Laboratories and Ventyx. Clean Fleet Article It would be a financial win-win for all. SZ (1) 6753.T SZ (1) 6753.T

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