Remove Cost Of Remove Economy Remove Oil Remove Venezuela
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Venezuela, an OPEC member, has even proposed an emergency summit meeting. This apparent bravado notwithstanding, the two countries’ entry into the low-price Crudedome is ravaging their economies.

Russia 150
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge.

Oil 247
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Mad Power thoughts

EV Info

The cost of grid management has soared to nearly £2billion a year in the last two decades. And in any case, an inflexible approach to regulation has caused the cost of new nuclear to balloon – despite it being perhaps the most obvious solution to our long-term energy needs. So that leaves gas with the task of keeping the lights on.

Power 52
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Electric cars to account for 64 per cent of car sales by 2030

Green Cars News

transportation system will decrease America’s dependence on foreign oil, increase employment, and reduce the environmental impact of transportation emissions. It is the first study to forecast the adoption rates of electric vehicles with pay-per-mile service contracts that finance the cost of the battery.