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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

Green Car Congress

The Strait is located between Oman and Iran, and connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. At its narrowest point, the Strait is 21 miles wide, but the width of the shipping lane in either direction is only two miles, separated by a two-mile buffer zone. million-bbl/d Tapline to Lebanon.

Oil 297
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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Companies and universities in Michigan are receiving more than $1 billion of the grants. Holland, MI Lebanon, OR (Entek). FutureFuel Chemical Company. Ford Motor Company. gross vehicle weight) with a 100 mile range. DOE Award ($mil.). Project locations. Technology. Johnson Controls. A123 Systems, Inc. Zachary, LA.

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