Green Car Congress

JANUARY 11, 2023

Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021.

Emissions 273

Emissions Oil Prices 2005 Coal 273

Green Car Congress

OCTOBER 6, 2015

While oil and natural gas are crucial to Russia, Russia’s crude and natural gas are crucial to its neighbors on the Eurasian landmass. Russia supplied about 30 percent (146.6 Russia’s oil and natural gas are also important to its Asian and Central Asian neighbors. by Dalan McEndree for Oilprice.com. mmbbl/day) in 2013.

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

FEBRUARY 26, 2022

Russia’s invasion of Ukraine threatens to increase costs for Europe’s vehicle industry, which is already struggling with record high lithium prices and a shortage of semiconductor chips, according to Benchmark Mineral Intelligence.

Ukraine 334

Ukraine Auto Industry Industrial Industry 334