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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

Green Car Congress

JUNE 1, 2016

According to a separate report from SAFE, a Washington-based think tank, the oil industry has cut somewhere around $225 billion in capex in 2015 and 2016, which will lead to global supplies 4 million barrels per day lower in 2018-2020, compared to what market analysts expected as of 2014. The price acts as a self-correcting mechanism.

Oil 150
Oil Supplies Market Oil Prices 150
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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Cleantech Crunched Top 10 Low Carbon Footprint Cars (and one SUV) for. The Three Prongs of the “Green&# Energy Stimulus Pa. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. Instead they could buy back electricity at peak hours from vehicle drivers. Remember its PURE D.C.

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Grid Electric Vehicles Vehicles Oil-Sands 28
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