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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. million-bbl/d Tapline to Lebanon. Use of the alternate routes would increase the cost of transportation. Other alternate routes could include the deactivated 1.65-million

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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. The Recovery Act awards for transportation electrification are, by category: Advanced Vehicle Electrification: $215.2 DOE Award ($mil.).

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