Cheap Chinese Future Venezuela 
Green Car Congress
JULY 28, 2015
The crude is so cheap it’s pretty much free for them, the margins are going to be massive. On the other hand, it won’t be easy for Saudi Arabia—Chinese refiners are also producing more gasoline, for which demand is still strong. Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico.
EV Info
SEPTEMBER 23, 2021
Yet this crisis is a mere harbinger of the candle-lit future that awaits us if we do not change course. Gas turbines are fairly flexible to switch on and off as wind varies, they’re relatively cheap, highly efficient and much lower in emissions than wood, coal or oil. Gas is the only answer.
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