Remove Cheap Remove Gas Remove Kuwait Remove Production
article thumbnail

Baker Institute: End of the ‘Big Oil giveaway’ is underway in the Persian Gulf

Green Car Congress

In recent years, all six Gulf monarchies—Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Oman, Qatar and Bahrain—have begun to challenge the notion that citizens are entitled to cheap energy. The authors said energy subsidies have long outlived their usefulness.

article thumbnail

Junkyard Find: 1992 Geo Metro 4-door hatchback

The Truth About Cars

Production of the Chevrolet Metro continued through 2001, after which it was replaced by the Suzuki Aerio and the Daewoo -built Chevrolet Aveo. Amazingly, the right-side mirror was included at no extra cost on all 1992 Metro models except the gas-mileage-king XFi. Such is the nature of the mighty GM Empire. Gets 100 kilometers per 4.5

Suzuki 104
article thumbnail

Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

However, OPEC has been in the line of fire from the western world in light of its stance of not reducing the production levels of its member nations (excluding Iran). Most view this as a strategy to squeeze the American shale production and other non-OPEC nations. (Source: opec.org). All is not well for OPEC. Venezuela’s Woes.

article thumbnail

Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

Saudi Arabia and Kuwait might, and should be encouraged to do so. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas. This drives the development of fossil fuels, including coal and shale production, as well as renewables.

Carbon 207