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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

They are reducing the share of long-term contracts in favor of spot purchases. Furthermore, several national oil companies, Venezuela’s among them, are building refineries with local partners in Asia, which will use their crude. Asian customers are taking advantage of the competition. Saudi Arabia increased production by 6.8

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

400 million in grants to purchase thousands of plug-in hybrid and all-electric vehicles for test demonstrations in several dozen locations; to deploy them and evaluate their performance; to install electric charging infrastructure; and to provide education and workforce training to support the transition to advanced electric transportation systems.

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