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Biden authorizes release of more than 180M barrels of oil from Strategic Petroleum Reserve; 1M bpd for 6 months

Green Car Congress

In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). The newly authorized drawdown will come from all four storage sites.

Oil 418
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Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

Green Car Congress

In January 2015 Sasol announced it was delaying a final investment decision on the proposed project near Lake Charles, Louisiana to conserve cash in response to lower oil prices. The estimated cost of the project ranges between $13 billion and $15 billion. Sasol’s foundation businesses are cash positive at a US$40 per barrel oil price.

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EPA researchers suggest US electricity consumers should be willing to pay 2-4x for emission-free alternatives to fossil fuel electricity due to health impacts

Green Car Congress

kWh—approximately 2–4 times current retail costs—for emission-free alternatives to fossil fuel electricity due to the cost of health impacts from fossil fuel electricity, according to a new analysis by a pair of researchers at the US Environmental Protection Agency (EPA) Clean Energy and Climate Change Office, Region 9.

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Alon USA receives go ahead for Bakersfield, CA rail terminal and refinery project; Bakken light crude

Green Car Congress

Alon expects to provide information on the cost of constructing the new rail facility and the expected crude-by-rail volumes at the time of its third quarter 2014 conference call. Construction of the rail facility is expected to be completed by the end of 2015. the routes over which the crude oil will be transported.

USA 231
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LA-based SMLC to lead new DOE Smart Manufacturing Innovation Institute; ~$800M for 5 new hub competitions

Green Car Congress

The Smart Manufacturing Innovation Institute will focus on accelerating the development and adoption of advanced sensors, data analytics, and controls in manufacturing, while reducing the cost of these technologies by half and improving the efficiency of US advanced manufacturing. Lawrence Livermore National Laboratory; Louisiana State U.;

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USDA Report Provides Regional Roadmap To Meeting the Biofuels Goals of the Renewable Fuels Standard by 2022; Southeast to Provide ~50% of Advanced Biofuels

Green Car Congress

Assuming an average biorefinery size of 40 million gallons per year, USDA estimates it meeting the RFS2 advanced biofuels goals will mean building of 527 biorefineries, at a cost of $168 billion. Alabama, Arkansas, Florida, Georgia, Hawaii, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas.

Renewable 210
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EAA National Board nominations from across North America

Electric Auto Association

I've also designed and led some of the first equity-centered EV projects which have gone on to inform numerous other equity-centered efforts. I have talked about the total cost of ownership for EVs compared with both hybrid and traditional ICE vehicles. What type of leadership makes you thrive? What type of leadership makes you thrive?