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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

Green Car Congress

According to a separate report from SAFE, a Washington-based think tank, the oil industry has cut somewhere around $225 billion in capex in 2015 and 2016, which will lead to global supplies 4 million barrels per day lower in 2018-2020, compared to what market analysts expected as of 2014. The price acts as a self-correcting mechanism.

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Cheap Oil Will Last A Decade, Says Huge Oil Trader

Green Car Reports

The low oil prices that boosted new-car sales and caused average fuel-economy gains to sputter last year may be here to stay, for a while at least. With fuel prices low throughout 2015, Americans bought more new cars, but many of them were less-efficient SUVs and crossovers.

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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

The result will be rapidly rising market shares for electric vehicles in the biggest markets, even with oil prices staying low. Emerging economies such as India are forecast not to see significant EV sales until the late 2020s.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. IHS Automotive experts also expect SUVs to remain the fastest-growing segment in China in 2015. The North American market will continue its upswing, though the pace differs by country.

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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

Alexander Edwards, President, Automotive Strategic Vision believes the exodus from full size SUVs was caused by economic caution as much as higher gas prices. “ People were concerned about spending $35,000 for an SUV that seats five, they were saying for $21,000 I can get a sedan that seats five. —Bill Cooke.

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Is Ford First?

Plug In Partners

Ford Chairman and CEO Bill Ford told shareholders at the automaker's annual meeting that the automotive market is shifting rapidly because of higher oil prices and the company is trying to respond. First customers for the conversions of several dozen SUVs would be cities, utilities, CEOs, entrepreneurs and celebrities.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Cleantech Crunched Top 10 Low Carbon Footprint Cars (and one SUV) for. CDM Baby, CDM Ruminations on Vegas and NASCAR California Dreamin' ► February (16) Car Sharing and Saving in a Tough Economy Throwing down the gauntlet to Secretary Clinton Weather Does Not Equal Climate The Hub Lab Seeks Revolutionary New Energy Science.

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