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). The EIA even predicts that OPEC’s net oil exports (excluding Iran) could fall to as low as $380 billion in 2015.

2015 96

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

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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. Across the Gulf, Iran has taken similar steps. Over time, government provision of cheap energy had the unintended consequence of encouraging high per-capita demand,” the authors wrote.

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Global Gas Prices | Hybrid Sales

Hybrid SUV Blog

In a 2009 CNNMoney.com interview, AutoNation CEO, Mike Jackson voiced his opinion that gasoline is too cheap and that the United States government should consider a gas tax to make sure the price does not fall below roughly $3.50

2010 102

Iranian Researchers Show Dilute Acid Hydrolysis Process for Production of Furans from Rice Straw

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Researchers at the Isfahan University of Technology (Iran), have demonstrated the use of a dilute acid hydrolysis process to convert rice straw—a cheap, abundant and mainly unused ag waste—to 5-Hydroxymethylfurfural (HMF) and furfural. Both furans are components for production of different chemicals and fuels. Rice straw to furans via dilute acid hydrolysis. Source: Amiri et al. Click to enlarge. A paper on their work was published in the journal Carbohydrate Research.

2010 71

Saudis Expand Price War Downstream

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The crude is so cheap it’s pretty much free for them, the margins are going to be massive. by Gaurav Agnihotri for Oilprice.com. The undisputed king of oil and gas is making some moves that could change the face of the global refining sector.

2015 96

Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

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But taken in the context of many other actions around the world including Saudi Arabia’s frustration with US foreign policy toward Iran, and China’s voracious appetite for gold, these actions are meaningful steps away from the dollar.”. Having that status would allow China cheap access to world capital markets and cheaper transaction costs on international trade, not to mention increased clout as an economic power commensurate with its rising proportion of world commerce.

2014 78

Slow start for charge of the electric cars - Times Online

Tony Karrer Delicious EVdriven

Cheap to run but expensive to buy, they offer theprospect of low or zero carbon emissions, but manufacturers won’t sell themunless motorists want to buy them – and motorists won’t buy unless the priceis right and there are enough places to charge the batteries. Walkout at UN conference after Iran.

G-Wiz 29